8246 E UNIVERSITY Drive 5, Mesa, AZ 85207

$275,000
Property Type: Land Lot Size (sq. ft.): 88,819 Status: Closed
Current Price: $275,000 List Date: 1/26/2019 Last Modified: 8/19/2026

Overview

Description

Great Development Opportunity! Nearly 600' of street frontage on University with all utilities on-site. Sidewalk, curb already set along University. Zoned Residential, could be a great location for assisted living or senior care. Utility and aerial survey maps available. This lot being sold with parcel 218-09-004. 4+ Acres in all!

Listing Details MLS# 5873799

Location, Tax & Legal

Map Code/Grid
Q42
House Number
8246
Compass
E
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Mesa
State/Province
AZ
Zip Code
85207
Country
US
County Code
Maricopa
Assessor Number
218-09-005
Subdivision
HERMAR VALLEY AMD
Tax Year
2017
Lot #
5
Assessor's Map #
9
Legal Description (Abbrev)
LOT 5 HERMAR VALLEY AMD MCR 008014
Assessor's Parcel #
5
Add'l Parcels
Yes
Tax Municipality
Mesa
Census Tract
420104
Taxes
1333

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
2.04
Apx Total Acres G/N
G
Price Per Acre
147058.82
Apx SqFt
88819
Price Per SqFt
3.38
Apx SqFt G/N
G
Lot Size Dimensions
290 x 300
Zoning
R-43

Remarks Misc

Cross Street
202 & University
Directions
West on University to Property on the North between 82nd & 83rd St.

Status Change Info

Off Market Date
2020-05-15
Under Contract Date
2020-05-14
Close of Escrow Date
2021-12-15

Legal Info

Township
1N
Range
7E
Section
17
Lot Number
5

More Information

Sold Info

Loan Type
Other
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
300000
Total Owed
0

Assoc/Prop Info

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

Existing Land Use

Residential Acreage
Yes

Zoned Presently

Single Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Current Density

00 - 01 Units P/Acre
Yes

Development Status

Raw Land
Yes

Land Features

Corner Lot
Yes
Dual Street Ftg
Yes
North/South Exp
Yes

Vegetation

Natural Vegetation
Yes
Low Desert
Yes

Land Configuration

Square Rectangular
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

On Property
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

On Property
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Acreage Zoned Presently: Single Family Parcel Size: 1.00 - 2.49 Acres Current Density: 00 - 01 Units P/Acre Development Status: Raw Land Land Features: Corner Lot; Dual Street Ftg; North/South Exp Vegetation: Natural Vegetation; Low Desert Land Configuration: Square Rectangular Road Access Type: Dedicated Street Road Surface Type: Asphalt Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable 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 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Owner May Carry Environmental: None Fencing: None
IDX
Listing Office: RE Options
Last Updated: August - 19 - 2026
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