1855 Baseline RdMesa, AZ 85202

  • Other commercial real estate
  • 1.20 AC
For Lease

Property Details for 1855 Baseline Rd

Year built
1988
Construction
STEEL FRAME
Lot size
1.20 AC
Zone code
C-G
Property type
Other commercial real estate
APN
305-05-557D
APU
30505557D

Description

This exceptional ±52,291 square foot retail space presents a unique ground lease opportunity in Mesa, Arizona. Strategically located at the southeast corner of Baseline Road and Dobson Road, this single-tenant property boasts unparalleled visibility and accessibility from a highly trafficked thoroughfare. The property sits on approximately one acre and offers a drive-thru pad opportunity, enhancing its versatility and appeal to a wide range of potential tenants. Its location within a high-density population area ensures a robust customer base. The property's proximity to major transportation arteries, including the Loop 101 and US 60 freeways (less than two miles away), provides convenient access for both employees and customers. Furthermore, its close proximity to Banner Desert Medical Center and Mesa Community College adds to its desirability and potential for strong tenant occupancy. The property is zoned LC and has a Maricopa County APN of 305-05-557D. This prime location offers significant advantages for businesses seeking high visibility and convenient access within a thriving community. The entire space is currently vacant, providing a blank canvas for a new tenant to create a thriving business. This is an exceptional opportunity to secure a prominent retail location in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,587,516
    Hospitality
    $16,110,070
    Educational
    $13,403,389
    Medical
    $13,864,352
    Retail
    $20,849,716
1855 Baseline Rd, Mesa, Arizona

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.3781
Longitude
-111.875
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,788
-
-
$120,533
-
$668,500
$62,000
$730,500

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