4815 Main StMesa, AZ 85205

  • Turn key restaurants
  • 3,614 SF
For Lease
$15/SF/YR View listing

Property Details for 4815 Main St

Year built
1978
Construction
STEEL FRAME
Lot size
2.38 AC
Property size (Sq ft)
3,614 SF
Zone code
LC
Property type
Turn key restaurants
APN
140-34-862B
APU
14034862B

Description

Main Street Plaza, located at 4815 E Main St, Mesa, AZ 85205, presents a compelling investment opportunity in the thriving Red Mountain/Mesa Ret submarket. This multi-tenant commercial property boasts a total of 31,888 square feet, with 4,336 square feet currently available for lease. The property is zoned C-2 by the City of Mesa and sits on a generous 2.34-acre lot (APN: 140-34-862B, Maricopa County). Ideal for retail or restaurant use, this space offers significant potential for businesses seeking high visibility and accessibility. The property's location on Main Street ensures excellent exposure to a large volume of daily traffic. The available 4,336 square feet provides ample room for a variety of business concepts. This is a rare opportunity to secure a prominent location in a dynamic and growing area of Mesa, Arizona. The property's size and zoning provide flexibility for a range of uses, making it an attractive option for both established businesses and new ventures. Interested parties are encouraged to explore the possibilities this exceptional property offers. Contact us today to learn more about leasing options and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,309,840
    6.5%
    $1,209,080
    7%
    $1,122,720
  • Comparable approach

    Method
    Valuation
    Relative Method
    $847,856
    Geo Method
    $847,856
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,356,680
    Mixed-Use / Specialty
    $1,205,240
    Hospitality / Lodging
    $884,847
    Office
    $1,198,560
    Institutional / Educational
    $1,253,120
    Residential Income
    $1,466,160
    Multifamily
    $1,755,850
    Automotive / Energy
    $1,074,110
    Parking / Income-Based Land
    $370,202
    Restaurant / Food Service
    $627,843
    Healthcare / Senior Housing
    $1,235,470

Location Insight

City
Mesa
County
Maricopa
State
Arizona
Latitude
33.4151
Longitude
-111.727
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
$32,668
-
-
$675,458
-
$883,000
$3,210,687
$4,093,687

FAQs

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Please email our support team at [email protected] and they will add the team member.
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