For Sale
$115,000,000

Main St And Ctr St Mesa, AZ 85210

423 Units, Prime Location, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 180,746 square foot development site, located at the intersection of Main Street and Country Club in Mesa, Arizona (zip code 85210), presents a compelling opportunity for multifamily development. The property boasts a highly visible location with approximately 50,000 vehicles passing daily (ADOT 2022 data), ensuring maximum exposure. Its strategic placement adjacent to the Mesa light rail station makes it ideal for a transit-oriented development, catering to the growing demand for walkable, commuter-friendly communities. Zoned for mixed-use/high-density residential, this site is ready for immediate development. The asking price is $115,000,000. The property is situated within an Opportunity Zone, offering significant tax advantages for investors. The site is planned for approximately 423 units, capitalizing on Mesa's robust rental market and rapid growth. Flexible investment options are available, including outright purchase or a development partnership. This is a unique chance to acquire a premier development site in one of the most sought-after areas of the East Valley. Existing entitlements streamline the development process.

Highlights

  • Prime multifamily development opportunity at Main & Country Club in Mesa, AZ (85210), directly on the light rail.
  • 180,746 SF high-visibility site ideal for multifamily/mixed-use development; zoning and infrastructure in place.
  • Flexible investment options: outright purchase or development partnership with a proven Phoenix-area developer.
  • Strong Mesa rental market; rapidly growing city with high demand for rental housing.
  • Transit-oriented development; directly on the light rail, providing easy access to employment centers and ASU.
  • Located in an Opportunity Zone, offering significant tax advantages to investors.

Property Details for 0 Main St And Ctr St

Property type
Apartment buildings
Units
423

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.4150047612
Longitude
-111.8314483502

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FAQs

What type of property is this?
Apartment building - 423 Units, Prime Location, High Traffic
Where is the apartment building located?
The property is located at Main St And Ctr St Mesa, AZ.
What is the asking price?
The asking price for this property is $115,000,000.
What are key features of this property?
This property features: Prime multifamily development opportunity at Main & Country Club in Mesa, AZ (85210), directly on the light rail.; 180,746 SF high-visibility site ideal for multifamily/mixed-use development; zoning and infrastructure in place.; Flexible investment options: outright purchase or development partnership with a proven Phoenix-area developer.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Jake Deverill
Jake Deverill
Visit Broker Website

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Main St And Ctr St
Mesa, AZ 85210

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Mesa, AZ 85210

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

0 Main St And Ctr St
  • Jake Deverill
    Jake Deverill
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