5305 Thomas RdMesa, AZ 85215

Property Details for 5305 Thomas Rd

Lot size

10.28 AC

Property type

Commercial land

APN

141-38-047A

APU

14138047A

Description

This exceptional investment opportunity presents a fully entitled, shovel-ready project for the development of a 640-unit RV and boat storage facility. Located in Mesa, Arizona, at 5305 E Thomas Rd, 85215, this prime 609,840 square foot site boasts an 8.30% capitalization rate and an asking price of $6,500,000. Its strategic location near the Loop 202 Freeway at Higley Rd, a full diamond interchange with over 60,000 vehicles per day, ensures high visibility and accessibility. The property benefits from proximity to major employers such as Boeing, Amazon, and Northrop Grumman, as well as popular recreational areas including Usery Mountain, Salt River, and several lakes. Furthermore, its convenient location near Superstition Springs Center caters to the high demand for storage solutions in this rapidly growing area. This is a rare chance to acquire a fully permitted project ready for immediate development, capitalizing on the robust East Mesa market and its strong potential for significant returns. The property is classified as Industrial, Land, and Self Storage, offering a diverse range of investment possibilities. This is a truly exceptional opportunity for investors seeking a high-yield, low-risk investment in a prime location.

• Alternative Use

  Use

  Valuation

  Residential

  $162,524,992

  Hospitality

  $148,872,016

  Educational

  $123,859,776

  Medical

  $128,119,504

  Retail

  $192,670,768

Location Insight

City

Mesa

County

Maricopa

State

Arizona

Latitude

33.4829

Longitude

-111.716

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

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

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].