112 Country Club DrMesa, AZ 85210

Property Details for 112 Country Club Dr

Year built

1935

Construction

CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

3,640 SF

Zone code

DB-1

Property type

Retail properties

Property subtype

Retail space

APN

134-01-079

APU

13401079

Description

This exceptional 3,650-square-foot freestanding flex building is ideally situated in Mesa's vibrant Central Business District, along Country Club Drive. Boasting high visibility and convenient access to major freeways (US-60, US-101, and US-202), this property offers a unique blend of warehouse and office space. Built in 1935 and extensively renovated in 2017, the single-story building features a 16-foot ceiling height, 100% air conditioning, four private offices (three measuring 14' x 11' and one 14' x 8'), a reception area, kitchenette, two storage rooms, and two bathrooms. Two grade-level roll-up doors provide easy access for loading and unloading. The 0.26-acre lot includes three 48' x 8' and three 28' x 8' shipping containers, providing ample additional outdoor storage. The property's location within a densely populated area (nearly 400,000 residents within a 5-mile radius) and its proximity to Arizona State University, Tempe Marketplace, Mesa Riverview, and Mesa Community College make it an attractive investment opportunity. The high daily traffic count on Country Club Drive (nearly 35,000 vehicles) ensures excellent visibility and accessibility. This property is zoned DB-1 and offers a rare opportunity to acquire a freestanding flex building in a thriving urban setting. The asking price is $920,000, with a price per square foot of $252.05. The property is currently vacant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,696,268

  6.5%

  $1,565,786

  7%

  $1,453,944

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,069,200

  Geo Method

  $2,069,200

• Alternative Use

  Use

  Valuation

  Residential

  $1,320,799

  Hospitality

  $1,209,844

  Educational

  $1,006,576

  Medical

  $1,041,194

  Retail

  $1,565,786

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4129

Longitude

-111.841

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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