1138 S Meridian Road – -, Mesa, AZ, 85208

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$2,160,000
4 Days Online

1138 S Meridian Road -
Mesa, AZ 85208

For Sale|Land|Active Under Contract
County:
Maricopa

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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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
Price 
$2,160,000
Days Online 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.2 Acres
Year Built 
N/A
MLS® Number 
6769202
Status 
Active Under Contract
Property Tax 
$1,328.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoStatus changed to Active Under Contract
4 days agoListing first seen online
a week agoListing updated with changes from the MLS®
General Features
Acres 
4.2
Additional Property Use 
See RemarksMulti-Family
Sewer 
Public Sewer
Zoning 
RM-3 PAD
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Exterior Features
Other Structures 
None
Community Features
Financing Terms Available 
1031 ExchangeConventional
Township 
1N
Listing courtesy of Compass.



All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Data Last Update: 2024-10-18 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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