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$1,750,000
1138 S Meridian Road -Mesa, AZ 85208
Land|Sold 10/18/2024
County:
Maricopa
Call Now: 480-405-1265
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Prime development opportunity!! Recently re-zoned from RS-42 to RM-3 PAD, the property is approved for 72 garden-style apartment units across three buildings, offering a mix of 1 BD, 2 BD, and 3 BD units. The location is ideal, with proximity to Eastmark, Mesa-Gateway Airport, and major healthcare employers. The area boasts strong rental demand and sale values for new residential housing, supported by an annual household income of over $80,000 within a 1-mile radius.
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Listing Snapshot
Bedrooms
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
N/A
Lot Size
4.2 Acres
Year Built
N/A
MLS® Number
6769202
Status
Sold
Property Tax
$1,328.64
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 7 months ago | Listing updated with changes from the MLS® |
General Features
Acres
4.2
Additional Property Use
See RemarksMulti-Family
Cross Street
E Southern Rd & S Meridian Rd
Disclosures
ALTA Survey Alba
Sewer
Public Sewer
Water Source
Public
Zoning
RM-3 PAD
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Exterior Features
Other Structures
None
Community Features
Financing Terms Available
1031 ExchangeConventional
Township
1N
Neighborhood & Commute
Source: Walkscore
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