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1920 N Consolidated Canal 3.76 Acres of Residential Land Offered at $2,895,000 in Mesa, AZ 85203
Investment Highlights
- Rare 3.76-acre infill development opportunity comprising four contiguous parcels with canal-front views and exceptional design potential.
- Zoned RM-2 PAD (MF), allowing for up to 15 units per acre with preliminary development plans for ±30 units available; can fast-track development.
- Access to a growing population of nearly 1 million residents with over $13.2 billion in annual spending provides strong market fundamentals.
- Elevated site with canal frontage and trail adjacent, exposed to 32,000 vehicles per day with 243 feet frontage on McKellips Road.
- Utilities including water, gas, and electricity available to the site with an 8" sewer and 6" ACP water stubs to the site and 2017 ALTA available.
- Situated near major employers, parks, and quick access to Loop 202 and Route 87 with seamless connectivity in one of Arizona’s most dynamic markets.
Executive Summary
Sale Flyer
Property Facts
1 Lot Available
Lot 136-25-001
| Price | $2,895,000 | Lot Size | 3.76 AC |
| Price Per AC | $769,946.81 |
| Price | $2,895,000 |
| Price Per AC | $769,946.81 |
| Lot Size | 3.76 AC |
Description
1920 North Consolidated Canal consists of approximately 3.76 acres of fully entitled residential land in Mesa, Arizona, comprising four contiguous parcels totaling approximately 164,256 square feet with frontage along McKellips Road. The site is zoned RM-2 PAD, allowing multifamily development at up to 15 dwelling units per net acre with a maximum lot coverage of 70%. Located at the southwest corner of Stapley Drive and McKellips Road in Mesa’s East Valley corridor, the property offers convenient access to Loop 202 and State Route 87 and benefits from approximately 32,000 vehicles per day along McKellips Road. Nearby amenities include Park of the Canals, Royal Palms Golf Course, Sloan Park, Mesa Arts Center, and extensive trail networks. The elevated and generally level site is located along the Consolidated and Utah Canals, providing natural open-space buffering and direct adjacency to established pedestrian and bicycle trail systems. Utilities, including water, gas, and electricity, are available, with an 8" sewer stub and a 6" ACP water main stub to the site. Preliminary design plans are available and may be leveraged to accelerate development timelines.
Nearby Amenities
Retail |
||
|---|---|---|
| Anytime Fitness | Fitness | 10 min walk |
| Fry’s Food Stores | Supermarket | 10 min walk |
Hotels |
|
|---|---|
| Delta Hotel |
274 rooms
8 min drive
|
| Sheraton Hotel |
180 rooms
11 min drive
|
| Hyatt Place |
154 rooms
15 min drive
|
| DoubleTree by Hilton |
266 rooms
15 min drive
|
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $58,363 | Total Assessment | $58,363 |
Property Taxes
Sale Advisor
Sale Advisor
Susan Houde, Global Real Estate Advisor
In addition to advising high-net-worth buyers and sellers across Arizona’s premier residential markets, Susan has hands-on experience in commercial, mixed-use, and land transactions, including the sale and ownership of income-producing retail buildings with residential components, garage and storage facilities, and development-ready land. Her current focus includes commercial and residential multifamily land opportunities, such as a 3.76-acre flat, elevated, multi-family-zoned development site in Mesa, Arizona.
Prior to real estate, Susan spent over a decade as a Senior Project and Program Manager in IT infrastructure, leading complex, high-value initiatives for global organizations including Microsoft, Fortune 500 enterprises. Her background includes data center build-outs, university and institutional construction projects, site selection, financial and risk analysis, vendor negotiations, and large-scale capital project delivery — experience that directly translates to development feasibility, entitlement strategy, and execution planning.
She is known for her analytical approach, disciplined execution, and ability to manage sophisticated stakeholders, making her particularly well-suited for clients navigating development.
Fluent in English, French, and Spanish, she has proudly served clients since 2022, she offers a global perspective paired with deep local market knowledge.
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1920 N Consolidated Canal
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