For Sale
$6,500,000

5305 Thomas Rd Mesa, AZ 85215

High-Demand Location, Exceptional ROI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fully entitled, shovel-ready project for the development of a 640-unit RV and boat storage facility. Located in Mesa, Arizona, at 5305 E Thomas Rd, 85215, this prime 609,840 square foot site boasts an 8.30% capitalization rate and an asking price of $6,500,000. Its strategic location near the Loop 202 Freeway at Higley Rd, a full diamond interchange with over 60,000 vehicles per day, ensures high visibility and accessibility. The property benefits from proximity to major employers such as Boeing, Amazon, and Northrop Grumman, as well as popular recreational areas including Usery Mountain, Salt River, and several lakes. Furthermore, its convenient location near Superstition Springs Center caters to the high demand for storage solutions in this rapidly growing area. This is a rare chance to acquire a fully permitted project ready for immediate development, capitalizing on the robust East Mesa market and its strong potential for significant returns. The property is classified as Industrial, Land, and Self Storage, offering a diverse range of investment possibilities. This is a truly exceptional opportunity for investors seeking a high-yield, low-risk investment in a prime location.

Highlights

  • Fully entitled, shovel-ready 640-unit RV & boat storage facility.
  • 609,840 SF site in Mesa, AZ (85215) at 5305 E Thomas Rd.
  • $6,500,000 asking price with an 8.30% capitalization rate.
  • Prime location near Loop 202 & Higley Rd interchange (60,000+ vehicles daily).
  • Proximity to major employers (Boeing, Amazon, Northrop Grumman) and recreational areas.

Property Details for 5305 Thomas Rd

Property type
Land, Self storage facilities
Square Feet
609,840 SF

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.482924
Longitude
-111.716051

FAQs

What type of property is this?
Land - High-Demand Location, Exceptional ROI
Where is the land located?
The property is located at 5305 Thomas Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Fully entitled, shovel-ready 640-unit RV & boat storage facility.; 609,840 SF site in Mesa, AZ (85215) at 5305 E Thomas Rd.; $6,500,000 asking price with an 8.30% capitalization rate.
How can I contact the broker?
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5305 Thomas Rd
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