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345 S Shouse St
Mesa, AZ 85204
Land For Sale · 0.94 AC

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INVESTMENT HIGHLIGHTS

  • Shovel Ready Dirt for Redevelopment- Approved Plans
  • 2 minute walk from Light Rail Station at Gilbert Rd and Broadway Rd
  • The site is zoned Multi-Residence 3 with a Bonus Intensity Zone Overlay (RM3-BIZ) and was previously approved by the City Council on April 7, 2014.
  • Alta Survey Included
  • Heavy Retail Traffic Count

EXECUTIVE SUMMARY

– 1 acre of raw land with current City of Mesa
zoning RM-3.
– In 2014 the property was proposed for
rezoning to RM-3 BIZ to allow for 15
multifamily units within 2 two-story town
home buildings totaling 34,099 SF. Unit mix of
11 3br units with average size of 1,624 SF and
four 2br units with an average size of 1,447
SF. 38 parking spaces with a parking mix of
15 two car garages, 2 compact spaces, 1 ADA
van accessible space and 3 guest spaces.
-Buyer to review current requirements.
-2 Minute Walk to Light Rail at Gilbert and Broadway Rd

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
Total Lot Size 0.94 AC
Zoning RM-3-Biz overlay - The site is zoned Multi-Residence 3 with a Bonus Intensity Zone Overlay (RM3-BIZ) and was previously approved by the City Council on April 7, 2014.

1 LOT AVAILABLE

Lot

Price $728,715
Price Per AC $774,498.72
Lot Size 0.94 AC

– 1 acre of raw land with current City of Mesa zoning RM-3. – In 2014 the property was proposed for rezoning to RM-3 BIZ to allow for 15 multifamily units within 2 two-story town home buildings totaling 34,099 SF.

DESCRIPTION

– 1 acre of raw land -Approved City Plans (need to pay fee). -The site is zoned Multi-Residence 3 with a Bonus Intensity Zone Overlay (RM3-BIZ) and was previously approved by the City Council on April 7, 2014 (case# Z14-003 and Ordinance# 5210). The proposed modification is for the removal of 4 units from the approved site plan to accommodate the City’s purchase of a portion of the property for the expansion of a well site. The Mesa Zoning Ordinance authorizes the Planning Director to approve minor modifications to approved plans per Section 11-67-10. – In 2014 the property was proposed for rezoning to RM-3 BIZ to allow for 15 multifamily units within 2 two-story town home buildings totaling 34,099 SF. Unit mix of 11 3br units with average size of 1,624 SF and four 2br units with an average size of 1,447 SF. 38 parking spaces with a parking mix of 15 two car garages, 2 compact spaces, 1 ADA van accessible space and 3 guest spaces. - Buyer to review current requirements. -2 Minute Walk to Light Rail Station at Gilbert and Broadway Road.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-02-115D
Land Assessment
$18,719
Improvements Assessment
$0
Total Assessment
$18,719
  • Listing ID: 32287179

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 345 S Shouse St, Mesa, AZ 85204

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