2009 Stapley DrMesa, AZ 85203

Property Details for 2009 Stapley Dr

Year built

2007

Construction

CONCRETE

Lot size

1.93 AC

Property size (Sq ft)

13,970 SF

Zone code

LC

Property type

Retail properties

Property subtype

Outlet malls

APN

136-07-001G

APU

13607001G

Description

This exceptional retail property, located at 2009 N Stapley Dr in Mesa, Arizona, presents a significant investment opportunity. The 13,969 square foot building sits on a 1.93-acre lot and is zoned LC by the City of Mesa (APN: 136-07-001G). Its versatile design is suitable for a variety of retail uses, encompassing both shopping center and storefront configurations, as well as freestanding building potential. The property's prominent location in Mesa, Maricopa County, AZ 85203, ensures high visibility and accessibility for customers. The substantial square footage offers ample space for a diverse range of retail businesses, providing flexibility for expansion or multi-tenant occupancy. This property is ideal for investors seeking a strong foothold in a thriving retail market. Its size and zoning provide significant potential for future development and growth. The property's location offers easy access to major transportation routes, ensuring convenient access for both customers and employees. This is a rare opportunity to acquire a well-situated, substantial retail property in a desirable area of Mesa. The property's existing structure presents immediate income potential or the opportunity for a complete renovation to suit a specific retail concept. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $6,510,126

  6.5%

  $6,009,347

  7%

  $5,580,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,941,408

  Geo Method

  $7,941,408

• Alternative Use

  Use

  Valuation

  Residential

  $5,069,109

  Hospitality

  $4,643,276

  Educational

  $3,863,152

  Medical

  $3,996,011

  Retail

  $6,009,347

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.452

Longitude

-111.804

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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