425 Stapley DrMesa, AZ 85203

Property Details for 425 Stapley Dr

Year built

1999

Construction

CONCRETE

Lot size

1.10 AC

Property size (Sq ft)

13,820 SF

Zone code

LC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

137-04-008

APU

13704008

Description

This vibrant Mesa retail property, located at 425 N Stapley Dr, offers a 1,405 square foot vacant storefront within a larger 15,229 square foot multi-tenant building. Built in 1999, the property sits on a 2.11-acre lot and is zoned LC. The Maricopa County property (APN 137-04-008) is situated in a bustling retail area, providing excellent visibility and accessibility for businesses. The available space presents a unique opportunity for retailers seeking a well-established location in a thriving community. The property's strategic location in Mesa, AZ 85203, ensures high foot traffic and exposure to a diverse customer base. The existing building offers a range of shops and services, creating a synergistic environment for new tenants. This storefront provides a chance to establish or expand a business within a successful retail complex, benefiting from the existing infrastructure and established customer base. The ample parking available further enhances the convenience and appeal of this location. This is an exceptional opportunity to secure a prime retail space in a high-traffic area of Mesa. The property's size and location make it ideal for a variety of retail uses. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,440,225

  6.5%

  $5,944,823

  7%

  $5,520,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,856,140

  Geo Method

  $7,856,140

• Alternative Use

  Use

  Valuation

  Residential

  $5,014,680

  Hospitality

  $4,593,420

  Educational

  $3,821,672

  Medical

  $3,953,105

  Retail

  $5,944,823

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4229

Longitude

-111.804

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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