5308 E Main Street _, Mesa, AZ 85203
$1,100,000
Property Type:
Land
Lot Size (sq. ft.):
101,130
Status:
Closed
Current Price:
$1,100,000
List Date:
11/03/2024
Last Modified:
4/01/2025
Description
THis is a project currently being rezoned from LC to Rm-4
Site Plan for a 45 unit apartment complex.
consisting of 4-3 -story buildings.
12 1-bedroom 1- bath, 33- 2bedroom 2 bath
More Information MLS# 6779306
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $1,100,000
Sold Price: $1,100,000
Status: Closed
List Date: 2024-11-03
Location, Tax & Legal
Lot #: _
Assessor's Map #: 76
Legal Description (Abbrev): W2 W2 SE4 SW4 NW4 EX S 50' 2.31 AC
Assessor's Parcel #: 14
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420214
Taxes: 6469
Marketing Name: 5308 Main Modern
House Number: 5308
Compass: E
Street Name: Main
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85203
County Code: Maricopa
Assessor Number: 141-76-014
Tax Year: 2023
General Property Description
Apx Total Acres: 2.32
Apx Total Acres G/N: N
Price Per Acre: 538793.1
# Lots in Listing: 1
Apx SqFt: 101130
Price Per SqFt: 12.36
Apx SqFt G/N: N
Lot Size Dimensions: 165'X620'
Flood Zone: No
Irrigation District: n
Horses: N
Street Frontage: 165
Elementary School District: Mesa Unified District
High School District: Mesa Unified District
Elementary School: O'Connor Elementary School
Jr. High School: Brimhall Junior High School
High School: Red Mountain High School
Zoning: LC
Legal Info
Range: 6E
Section: 23
Township: 1N
Lot Number: _
Special Listing Cond
Owner/Agent: 1
N/A: 1
Pmt & Rate Info
Equity: 1250000
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
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Other (See Rmks): 1
Zoned Presently
Multi-Family: 1
Potential Use
Multi-Family: 1
Parcel Size
1.00 - 2.49 Acres: 1
Current Density
21 - 25 Units P/Acre: 1
Proposed Density
21 - 25 Units P/Acre: 1
Development Status
Raw Land: 1
Land Features
North/South Exp: 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Topo Survey: 1
Vegetation
Natural Vegetation: 1
Land Configuration
Square Rectangular: 1
Road Access Type
Private Road: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
25,001 to 35,000: 1
Fencing
Block: 1
Chain Link: 1
Partial: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Topography
Level: 1
Gas
None: 1
Existing Structures
None: 1
Distance to Cable
Under 350 Feet: 1
New Financing
Cash: 1
No Carry: 1
Distance to Phone
Under 350 Feet: 1
Distance to Water
On Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Distance to Gas
None: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Under 350 Feet: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Soil Test: 1
Boundary Survey Avlb: 1
ALTA Survey Alba: 1
Environmental
Phase I Available: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Conventional
Closing Cost Split: Seller Paid - S
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 500
Seller Concession $/%: $
Remarks Misc
Cross Street: Main Street & Higley Road
Directions: Approximately 700 feet east of Higley Rd on Main St, east of office 5252 E Main St
Geo Lat: 33.416001
Geo Lon: -111.716525
Status Change Info
Off Market Date: 2025-02-02
Under Contract Date: 2025-01-28
Close of Escrow Date: 2025-03-31
Sold Price: $1,100,000
Property Features
Special Listing Cond: Owner/Agent; N/A
Existing Land Use: Other (See Rmks)
Zoned Presently: Multi-Family
Potential Use: Multi-Family
Parcel Size: 1.00 - 2.49 Acres
Current Density: 21 - 25 Units P/Acre
Proposed Density: 21 - 25 Units P/Acre
Development Status: Raw Land
Land Features: North/South Exp
Elevation: 1,001 - 2,000 Ft
Elevation Source: Topo Survey
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular
Road Access Type: Private Road
Road Responsibility: City Maintained Road
Traffic Count: 25,001 to 35,000
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; No Carry
Environmental: Phase I Available
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: Block; Chain Link; Partial
Listing Office:
DeLex Realty
Last Updated: April - 01 - 2025
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