1756 E UNIVERSITY Drive -, Mesa, AZ 85203

$1,290,000
Property Type: Land Lot Size (sq. ft.): 63,019 Status: Active
Current Price: $1,290,000 List Date: 10/02/2025 Last Modified: 10/06/2025

Description

Rare infill opportunity in central Mesa, this site is 1.45 acres with City approved zoning and site plan for 30 three-story, 2-car garage Build-to-Rent townhome units. The community is designed with a gated entrance on Hall St and a central amenities area. Seller will provide all available surveys, reports and drawings upon accepted contract. Great location near transit and downtown amenities.

More Information MLS# 6928152

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $1,290,000 List Price: $1,290,000 Status: Active List Date: 2025-10-02

Location, Tax & Legal

Lot #: - Assessor's Map #: 1 Legal Description (Abbrev): PT SE4 SEC 13 DAF BEG 950F E OF SW COR SE4 SD SEC TH N 848.62F M/L TO SWLY LN CONS CANAL TH SELY ALG Assessor's Parcel #: 231 Add'l Parcels: No Tax Municipality: Mesa Census Tract: 420800 Taxes: 2621 House Number: 1756 Compass: E Street Name: UNIVERSITY St Suffix: Drive City/Town Code: Mesa State/Province: AZ Zip Code: 85203 Zip4: 8210 County Code: Maricopa Assessor Number: 137-01-231 Tax Year: 2024

General Property Description

Apx Total Acres: 1.45 Apx Total Acres G/N: G Price Per Acre: 889655.17 # Lots in Listing: 1 # Units Allowed: 30 Apx SqFt: 63019 Price Per SqFt: 20.47 Apx SqFt G/N: G Lot Size Dimensions: 296x200x301x209 Flood Zone: No Horses: N Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Michael T. Hughes Elementary School Jr. High School: Poston Junior High School High School: Mountain View High School Zoning: RM-4 PAD

Legal Info

Range: 5E Section: 13 Township: 1N Lot Number: -

Special Listing Cond

Owner/Agent: 1

Pmt & Rate Info

Equity: 1290000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1

Zoned Presently

Multi-Family: 1 Existing P.A.D.: 1

Potential Use

Multi-Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Proposed Density

21 - 25 Units P/Acre: 1

Development Status

Plans Available: 1 Off Site Imp Needed: 1 Prelim Eng Included: 1 See Remarks: 1

Land Features

Corner Lot: 1 Dual Street Ftg: 1 Sidewalk(s): 1

Land Configuration

Square Rectangular: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Sewer

Sewer - Public: 1

Electric

SRP: 1

Topography

Level: 1

Gas

None: 1

Existing Structures

None: 1

Distance to Cable

Under 350 Feet: 1

New Financing

Cash: 1 Conventional: 1 No Carry: 1 1031 Exchange: 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

Under 350 Feet: 1

Distance to Sewer

Under 350 Feet: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 Boundary Survey Avlb: 1 ALTA Survey Alba: 1 Development Pln Aval: 1 Vicinity of an Airport: 1

Environmental

Phase I Available: 1

Remarks Misc

Cross Street: University Dr & Gilbert Dr Directions: South on Gilbert, West on University, turn right into the lot Geo Lat: 33.423009 Geo Lon: -111.792988

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family; Existing P.A.D. Potential Use: Multi-Family Parcel Size: 1.00 - 2.49 Acres Proposed Density: 21 - 25 Units P/Acre Development Status: Plans Available; Off Site Imp Needed; Prelim Eng Included; See Remarks Land Features: Corner Lot; Dual Street Ftg; Sidewalk(s) Land Configuration: Square Rectangular Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None 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: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry; 1031 Exchange Environmental: Phase I Available Lockbox Type: None Fencing: None
Listing Office: Dave Johnson Realty
IDX
Last Updated: October - 06 - 2025
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