Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

1864 Baseline Rd - LAND INVESTMENT 0.68 Acres of Commercial Land Offered at $2,100,000 in Mesa, AZ 85204

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Branded long term Tenant Valvoline LLC
  • One of the most heavily trafficked arterials
  • The investment is a hand`s off, passive investment

EXECUTIVE SUMMARY

Price Reduction Motivated Seller! Prime Frontage Investment opportunity in Mesa, Arizona! Spanning an impressive 29,693 square feet, this land is ideally positioned, making it a strategic asset for savvy investors. The location of this site sits on one of the most heavily trafficked arterials. The Investment offers an exceptional Branded long term Tenant Valvoline LLC. The Tenant is responsible for the direct payment of all taxes, insurance, and maintenance associated with the property which making the investment a hand`s off, passive investment, this property promises significant appreciation, lucrative returns. Tenant currently in its 5th year of a 15-year term with 3 additional 5-year options. Seize this chance to invest in a high-demand area.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Gross Rental Income $82,500 $121,323.53
Other Income - -
Vacancy Loss - -
Effective Gross Income $82,500 $121,323.53
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $82,500
Annual Per AC $121,323.53
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $82,500
Annual Per AC $121,323.53
Net Operating Income
Annual -
Annual Per AC -

PROPERTY FACTS

Price $2,100,000
Sale Type Investment
Sale Condition Ground Lease (Leasehold)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Auto Repair
  • Hold For Investment
  • Service Station
Total Lot Size 0.68 AC
No. Stories 1
Cross Streets Gilbert Rd & Baseline Rd
Zoning LC

1 LOT AVAILABLE

Lot 3

Price $2,100,000
Price Per AC $3,088,235.29
Lot Size 0.68 AC

MESA COMMONS PARCEL 1 AND 5 MCR 1330-42

DESCRIPTION

Prime Frontage Investment opportunity in Mesa, Arizona! Spanning an impressive 29,693 square feet, this land is ideally positioned, making it a strategic asset for savvy investors. The location of this site sits on one of the most heavily trafficked arterials. The Investment offers an exceptional Branded long term Tenant Valvoline LLC. The Tenant is responsible for the direct payment of all taxes, insurance, and maintenance associated with the property which making the investment a hand`s off, passive investment, this property promises significant appreciation, lucrative returns. Tenant currently in its 5th year of a 15-year term with 3 additional 5-year options. Seize this chance to invest in a high-demand area.

Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-09-550
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$105,180 (2025)
  • Listing ID: 35798044

  • Date on Market: 5/8/2025

  • Last Updated:

  • Address: 1864 Baseline Rd, Mesa, AZ 85204

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}