2.6 Acre Commercial Parcel in East Mesa

5013 E Broadway Rd Mesa, AZ 85206

FOR SALE
Property Type:
Residential Land Development
Amount:
$1,332,000
Last Verified:
Oct 29, 2020

Highlights

  • Zoning: Commercial Office
  • 2.6 acres +/-, mostly citrus orchard and parking lot
  • Current use as a Church facility

Description

Rare 2.6 acre commercial parcel in East Mesa, zoned Commercial Office, can be developed for medical use, multifamily. Mostly citrus orchards, former church buildings.

The subject property is located at 5013 E Broadway Road in the City of Mesa, Maricopa County, Arizona. The subject property is in the East Valley from the City Center and is a very good location with respect to commercial services, thoroughfares, public transportation and community services. Appeal of the area is very good and in redevelopment in terms of retail, commercial and residential use. The subject benefits from busy commuter and local traffic along Broadway Road. Mesa City enjoys a population of over 519,000 residents and according to Wikipedia.

Metro Phoenix Location
The Metro Phoenix area is among the fastest-growing metropolitan areas in the country with an estimated 4.3 million residents. Phoenix is the 6th largest city in the United States and is the financial, commercial cultural, entertainment and government center of Arizona. It has an accessible location, excellent lifestyle amenities, a pro-business Governor with a growing business and entrepreneurial climate. The area has a predictable 320+ days of sunshine each year with mild winter temps and summer months of dry heat. Phoenix is the epicenter of the Southwest and proves to be particularly desirable to aerospace, nanotechnology, bioscience, advanced business services, high-tech and healthcare. Phoenix is home to major sports franchises: Arizona Diamondback baseball, Phoenix SUNS basketball, and Arizona Cardinals football and Arizona Coyotes hockey.

Lot Size: 2.6 acres

Map of 5013 E Broadway Rd, Mesa, AZ, 85206

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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