$4,450,000
Mesa, AZ 85207
MLS# 7014334
1 / 11
Property Description
Prime development opportunity with adjacent NNN ground lease included! $138k existing annual income!! Rapidly growing Mesa corridor. This unincorporated parcel is strategically located along the south side of Main Street and west of Crismon Road (corner excluded), offering excellent visibility and access. The City of Mesa has expressed interest in annexation, which would allow for municipal water and sewer service availability from mains within the adjacent streets. The property is primarily zoned R-5, allowing for high-density multi-family development with potential for 40+ units per acre. Frontage along Main Street is zoned C-3 (General Commercial), the most intensive commercial zoning in the County, supporting a wide range of retail, office, and service uses.
Details
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $4,450,000
List Price: $4,450,000
Status: Active
List Date: 2026-04-14
Location, Tax & Legal
Lot #: -
Assessor's Map #: 38
Legal Description (Abbrev): THOSE POR TR A, LT 1 & LT 2 NEWMAN PARK MCR 109-08 & THE W2 OF E2 & E2 OF W2 NE4 NE4 SE4 SEC 22 DAF
Assessor's Parcel #: 11
Assessor Parcel Ltr: E
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Census Tract: 422628
Taxes: 6753
House Number: 9919
Compass: E
Street Name: Main
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85207
Country: US
County Code: Maricopa
Assessor Number: 220-38-011-E
Tax Year: 2025
General Property Description
Apx Total Acres: 5.29
Apx Total Acres G/N: G
Price Per Acre: 841209.83
# Lots in Listing: 3
Apx SqFt: 230618
Price Per SqFt: 19.3
Apx SqFt G/N: G
Lot Size Dimensions: 600x435
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: Stevenson Elementary School
Jr. High School: Stevenson Elementary School
High School: Skyline High School
Zoning: C3 and R5
Legal Info
Range: 7E
Section: 22
Township: 1N
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 4450000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Lockbox Type
None: 1
Existing Land Use
Residential Acreage: 1
Commercial Acreage: 1
Zoned Presently
Multi-Family: 1
Commercial: 1
Potential Use
Multi-Family: 1
Commercial: 1
Parcel Size
5.00 - 9.99 Acres: 1
Current Density
40+ Units P/Acre: 1
Development Status
Raw Land: 1
Land Features
Curb(s) & Gutter(s): 1
Dual Street Ftg: 1
Sidewalk(s): 1
Adjacent to Wash: 1
View
Mountain(s): 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Other (See Remarks): 1
Vegetation
Other: 1
Land Configuration
Irregular Shape: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
5,001 to 15,000: 1
Fencing
Chain Link: 1
Partial: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Topography
Level: 1
Gas
None: 1
Existing Structures
See Remarks: 1
Distance to Cable
Under 350 Feet: 1
New Financing
Cash: 1
Special
Unincorporated Area: 1
Distance to Phone
Under 350 Feet: 1
Distance to Water
Under 350 Feet: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Under 350 Feet: 1
Distance to Gas
None: 1
Distance to Sewer
Under 350 Feet: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-697-0730
Existing Other Loan
Not Applicable: 1
Remarks Misc
Cross Street: Main and Crismon
Directions: 202 to Ellsworth, north to Main/Apache Tr, east to property on south side of the street
Geo Lat: 33.414023
Geo Lon: -111.616372
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Acreage; Commercial Acreage
Zoned Presently: Multi-Family; Commercial
Potential Use: Multi-Family; Commercial
Parcel Size: 5.00 - 9.99 Acres
Current Density: 40+ Units P/Acre
Development Status: Raw Land
Land Features: Curb(s) & Gutter(s); Dual Street Ftg; Sidewalk(s); Adjacent to Wash
View: Mountain(s)
Elevation: 1,001 - 2,000 Ft
Elevation Source: Other (See Remarks)
Vegetation: Other
Land Configuration: Irregular Shape
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Traffic Count: 5,001 to 15,000
Topography: Level
Existing Structures: See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: None
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Other Loan: Not Applicable
New Financing: Cash
Special: Unincorporated Area
Environmental: None
Showing Notification Methods: Text
Lockbox Type: None
Fencing: Chain Link; Partial
Supplements
Utilities including electric and telecommunications are readily available. The site is generally level and mostly cleared, minimizing initial site work. Minor existing improvements along Crismon Road will require removal prior to development.
Approximately 30,000 SF along Main Street is currently under a ground lease, with rental income increasing to $138,000 annually in May 2026, providing interim income potential.
The property may be acquired in whole or in part, offering flexibility for a variety of development strategies. Ideal for a mixed-use project in an area experiencing strong demand for both multi-family and commercial development.
Listing Office: RE/MAX Fine Properties
Last Updated: May - 07 - 2026
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