Mesa Land For Sale | 2.24 Acres

406 N Val Vista Drive Mesa, AZ 85213

406 N Val Vista Drive, Mesa, AZ, 85213
406 N Val Vista Drive, Mesa, AZ, 85213
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,250,000
Last Verified:
Feb 13, 2020

Highlights

  • Approximately 2.24 Acre Land
  • For Sale: $1,250,000.00 ($12.81 PSF)
  • One of few Undeveloped Corners in Mesa
  • Frontage on Val Vista Drive and University Drive
  • High Demographics - Avg. Household Income of $72,230 (5 Miles)
  • High Traffic Counts - 15,000 - 30,000 Vehicles Passing Daily
  • Potential for Multiple Buildings of up to 10,000 SF each
  • Zoned NC City of Mesa
  • 140-12-008A & 140-12-081B
  • Easy Access to Loop 202 and US 60
  • Close Proximity to Falcon Field Airport

Description

Approximately 2.24 Acre undeveloped land located on the NWC of University Drive and Val Vista Drive. This site is one of the few undeveloped corners in Mesa and offers high traffic counts with frontage along both University Drive and Val Vista Drive. Centrally located in Mesa, the parcel has easy access to both Loop 202 and the US 60 and surrounded by high demographic residential areas. The property is close to retail and business amenities and is minutes from Falcon Field Airport. This site has potential for multiple buildings of up to 10,000 SF each with plentiful parking available. Great East Valley opportunity for Owner/User or Investor.

Approximately 2.24 Acre undeveloped land located on the NWC of University Drive and Val Vista Drive. This site is one of the few undeveloped corners in Mesa and offers high traffic counts with frontage along both University Drive and Val Vista Drive. Centrally located in Mesa, the parcel has easy access to both Loop 202 and the US 60 and surrounded by high demographic residential areas. The property is close to retail and business amenities and is minutes from Falcon Field Airport. This site has potential for multiple buildings of up to 10,000 SF each with plentiful parking available. Great East Valley opportunity for Owner/User or Investor.

Lot Size: 2.24 acres

Map of 406 N Val Vista Drive, Mesa, AZ, 85213

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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.