8008 University Dr Mesa, AZ 85207

Property Details for 8008 University Dr

Lot size

1.00 lot acres

Zone code

C-N

Property type

Commercial land

APN

218-08-100B

APU

21808100B

Description

This exceptional 3.01-acre commercial land parcel presents a remarkable investment opportunity in Mesa, Arizona. Situated on a highly visible hard corner at 8008 E University Dr, this property boasts exceptional access and visibility. The location is strategically positioned one mile west of the Loop 202 Red Mountain Freeway, ensuring convenient access to major transportation arteries. With a C-2 zoning designation by the City of Mesa, this site offers a wide range of development possibilities. The property's high traffic count is evidenced by University Drive's 17,644 vehicles per day and 80th Street's 6,563 vehicles per day (2022 data from MPSI). Furthermore, this location benefits from its proximity to 23 new housing developments within the trade area, indicating strong potential for future growth and demand. The property is also located in a designated HUD DDA under Internal Revenue Code Section 42. The asking price for this significant land holding is $1,600,000. The parcel includes APN numbers 218-08-100A & 218-08-100B. This is a rare opportunity to acquire a prime commercial site in a rapidly developing area of Mesa. Don't miss this chance to secure a valuable asset with significant long-term potential.