3930 E UNIVERSITY Drive, Mesa, AZ 85205

$1,750,000
Property Type: Comm/Industry Sale Square Footage: 5,003 Lot Size (sq. ft.): 38,180 Status: Closed
Current Price: $1,750,000 List Date: 11/16/2023 Last Modified: 4/27/2026

Overview

Description

Situated in Mesa, the property's highly sought after location offers strategic advantages, such as proximity to business hubs, transportation facilities, and amenities, contributing to potential business growth and employee convenience. Space and Features: With a building size of 5,000+ square feet, the property provides ample space for multiple tenants and various business operations. Large lot with rare monument signage. Opportunity for owner/user SBA, then let us help you lease out the rest to qualified tenants and you've got yourself a highly performing asset.

Listing Details MLS# 6631342

Location, Tax & Legal

House Number
3930
Compass
E
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Mesa
State/Province
AZ
Zip Code
85205
Zip4
6912
Country
US
County Code
Maricopa
Subdivision
CARMEL ESTATES
Assessor Number
140-73-011
Tax Year
2023
Assessor's Map #
73
Legal Description (Abbrev)
LOT 11 CARMEL ESTATES MCR 008606
Assessor's Parcel #
11
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420706
Taxes
9166
Legal
LOT 11 CARMEL ESTATES MCR 008606

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
5003
# of Buildings
Yes
Year Built
1988
Uncvrd Parking Spcs
29
Zoning
C-O

Remarks Misc

Cross Street
E University and N 39th Way

Status Change Info

Off Market Date
2024-01-12
Under Contract Date
2024-01-08
Close of Escrow Date
2024-03-15

Legal Info

Township
1N
Range
6E
Section
16
Lot Number
11

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Contact Info

List Agent Home Phn
602-750-6986

Sold Info

Loan Type
Cash to Loan
Loan Years
30
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Wood Frame
Yes

Roofing

Rolled
Yes

Floors

Concrete
Yes
Carpet
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Office
Yes

Business Type

Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Equity
1750700
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Heat Pump
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes

Loading Facilities

None
Yes

Source of Fincl Data

Unknown
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Private
Yes
Paved
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Office Business Type: Professional/Office Stories: 1 Story Construction: Wood Frame Roofing: Rolled Floors: Concrete; Carpet Ceiling Height: 10.1 Feet to 12 Feet Heating: Heat Pump Cooling: Central Air Loading Facilities: None Interior Features: Finished Fencing: None Parking Features: Private; Paved Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Lockbox Type: None Source of Fincl Data: Unknown Environmental: None
IDX
Listing Office: My Home Group Real Estate
Last Updated: April - 27 - 2026
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