155 W 2ND Avenue -, Mesa, AZ 85210

$3,000,000
Property Type: Land Lot Size (sq. ft.): 67,757 Status: Active
Current Price: $3,000,000 List Date: 5/27/2026 Last Modified: 5/29/2026

Overview

Description

Prime investment opportunity in a certified Opportunity Zone / Qualified Census Tract in booming Downtown Mesa. This transit-oriented, 60-unit project features approved preliminary site and architectural plans for a 3-story modern development (42 2BR/2BA and 18 1BR/1BA units averaging ~740 SF). APPROVED PLANS: Ready to build or customize. PREMIUM AMENITIES: Courtyard, pool, turf areas, BBQs, and covered parking. TOP LOCATION: Steps to breweries, dining, and Mesa Arts Center. TRANSIT RICH: 3-minute walk to bus, 6-minute walk to Light Rail, 10 minutes to Sky Harbor Airport. Capitalize on high rental demand and major tax incentives. Buy and build the ''Mesa 60'' today. Lender-Owned.

Listing Details MLS# 7033485

Location, Tax & Legal

House Number
155
Compass
W
Street Name
2ND
St Suffix
Avenue
City/Town Code
Mesa
State/Province
AZ
Zip Code
85210
Zip4
1316
Country
US
County Code
Maricopa
Assessor Number
138-51-012-A
Subdivision
MESA ARIZONA
Tax Year
2025
Lot #
-
Assessor's Map #
51
Legal Description (Abbrev)
MESA LOT 6 EX E 50' BLK 21
Assessor's Parcel #
12
Assessor Parcel Ltr
A
Add'l Parcels
Yes
Tax Municipality
Mesa
Census Tract
421400
Taxes
312
Marketing Name
MESA 60 Development

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
1.56
Apx Total Acres G/N
G
Price Per Acre
1923076.92
# Lots in Listing
3
# Units Allowed
60
Apx SqFt
67757
Price Per SqFt
44.28
Apx SqFt G/N
G
Lot Size Dimensions
IRREGULAR
Zoning
DR-3, MESA
Elementary School District
Mesa Unified District
High School District
Mesa Unified District

Remarks Misc

Cross Street
Center Street / Main Street
Directions
From Center Street / Main Street, head West to Robson. Turn Left (South) on Robson. Property is on the SWC of 2nd Avenue & Robson, in the Towne Center District.

Legal Info

Township
1N
Range
5E
Section
22
Lot Number
-

Showing Notification Methods

Showing Service
No Showing Service Used

More Information

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
3000000
Total Owed
0

Assoc/Prop Info

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

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes
Commercial Lot
Yes
Residential Acreage
Yes
Commercial Acreage
Yes
Other (See Rmks)
Yes

Zoned Presently

Multi-Family
Yes
Other (See Rmks)
Yes

Potential Use

Multi-Family
Yes
See Remarks
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Current Density

36 - 40 Units P/Acre
Yes
Other (See Rmks)
Yes

Proposed Density

Other (See Rmks)
Yes

Development Status

Plans Available
Yes
See Remarks
Yes

Land Features

Corner Lot
Yes
Dual Street Ftg
Yes
Historic District
Yes

Land Configuration

Irregular Shape
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Brick
Yes
Chain Link
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Electric

City Electric
Yes

Topography

Level
Yes

Gas

City Gas
Yes

Existing Structures

Shed(s)
Yes
Residence
Yes
Warehouse
Yes
See Remarks
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes

Special

REO Property
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 Lot; Commercial Lot; Residential Acreage; Commercial Acreage; Other (See Rmks) Zoned Presently: Multi-Family; Other (See Rmks) Potential Use: Multi-Family; See Remarks Parcel Size: 1.00 - 2.49 Acres Current Density: 36 - 40 Units P/Acre; Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: Plans Available; See Remarks Land Features: Corner Lot; Dual Street Ftg; Historic District Land Configuration: Irregular Shape Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: Shed(s); Residence; Warehouse; See Remarks Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: City Electric Gas: City Gas Distance to Cable: On Property 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 Special: REO Property Environmental: None Lockbox Type: None Fencing: Brick; Chain Link
IDX
Listing Office: ABI Multifamily
Last Updated: May - 29 - 2026
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