8325 Main StMesa, AZ 85207

Property Details for 8325 Main St

Year built

2007

Construction

STEEL FRAME

Lot size

0.69 AC

Property size (Sq ft)

1,340 SF

Zone code

C-3

Property type

Office buildings

APN

218-29-084A

APU

21829084A

Description

This exceptional 0.69-acre commercial land parcel, located at 8325 E Main St in Mesa, Arizona (APN 218-29-084A), presents a compelling investment opportunity. Priced at $1,090,000, the property boasts a highly desirable C-3 zoning designation, offering considerable flexibility for diverse commercial development. The expansive lot, encompassing 30,104 square feet, includes a pre-existing 1,340 square foot building. Its prime location on East Main Street provides excellent visibility and accessibility, further enhanced by its proximity to major roadways and easy access to the Loop 202 and US-60 freeways. This strategic positioning ensures high traffic volume and convenient access for potential businesses. The property's potential is amplified by its location within Maricopa County, Arizona, and its 85207 zip code. This is a rare opportunity to acquire a well-situated commercial property with significant development potential in a thriving Arizona market. Serious inquiries are encouraged to explore the full range of possibilities this exceptional land parcel offers.

• CAP approach

  CAP return

  Valuation

  6%

  $424,796

  6.5%

  $392,119

  7%

  $364,111

• Comparable approach

  Method

  Valuation

  Relative Method

  $302,277

  Geo Method

  $302,277

• Alternative Use

  Use

  Valuation

  Residential

  $486,228

  Hospitality

  $445,382

  Educational

  $370,553

  Medical

  $383,297

  Retail

  $576,416

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4147

Longitude

-111.651

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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