1911 Broadway RdMesa, AZ 85202
- Retail properties
- 19,600 SF
Property Details for 1911 Broadway Rd
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 2.07 AC
- Property size (Sq ft)
- 19,600 SF
- Zone code
- LI
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 134-30-001Y
- APU
- 13430001Y
Description
This exceptional Mesa, Arizona retail property, located at 1911 W Broadway Rd, offers 1,750 square feet of immediately available space within a larger 19,600 square foot building situated on a 2.07-acre lot. Built in 1986 and zoned C-2, this multi-tenant property is ideally situated in the Red Mountain/Mesa Ret submarket, providing excellent visibility and accessibility for businesses. The space features expansive storefront windows, creating an inviting atmosphere for customers. The interior offers a flexible layout suitable for a variety of retail concepts, and ample space for displays and customer interaction. The property also includes dedicated parking and convenient loading areas to ensure smooth operations. This prime location in Maricopa County, Arizona (zip code 85202) presents a unique opportunity for businesses seeking high-traffic exposure and a well-maintained space. The property's strategic location and ample space make it an ideal choice for retailers looking to establish or expand their presence in a thriving market. This is a rare opportunity to secure a space in a well-established retail center with significant potential for growth.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,529,178
- 6.5%
- $7,873,088
- 7%
- $7,310,724
-
Comparable approach
- Method
- Valuation
- Relative Method
- $10,364,597
- Geo Method
- $10,364,597
-
Alternative Use
- Use
- Valuation
- Residential
- $6,641,244
- Hospitality
- $6,083,344
- Educational
- $5,061,270
- Medical
- $5,235,336
- Retail
- $7,873,088
Location Insight
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.4071
- Longitude
- -111.873
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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