2.65 Acres Multifamily Land $2.82PSF Build up to 12 Duplexes - E. Mesa

230 North Crismon Road Mesa, AZ 85207

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FOR SALE Incentives
Property Type:
Multifamily Land
Amount:
$329,000
Last Verified:
Jan 26, 2016


Approximately 2.67 acres or 116,305sf of land with 165' of frontage on Crismon Rd in Mesa.
Maricopa County Island with City of Mesa services
Front of parcel zoned R2 multi and back zoned R1-18


$91,000 Recent Price Reduction
Seller wants this parcel SOLD - Make Offer
2.67 acres or 116,305 SF for commercial or multifamily development
City water at front of lot
Electric lines are installed and sewage runs down center of Crismon Road
Minimum 6,000 SF use regulations
Front section zone R2 Multi and back zoned R1-18
Lot Size: 2.67 acres

Map of 230 North Crismon Road, Mesa, AZ, 85207

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Real Estate Incentives (What is this?)
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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.