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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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