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Executive Summary

Prime development lot. This property bookends city hall and has frontage on University Drive.

Property Facts

Price $2,100,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Fast Food
  • Hotel
  • Medical
  • Neighborhood Center
  • Religious Facility
  • Restaurant
  • Schools
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 0.77 AC

1 Lot Available

Lot

Price $2,100,000
Price Per AC $2,735,935.34
Lot Size 0.77 AC

Rectangle Corner with street frontage on 3 sides sits directly in front of the Mesa Amphitheater and Mesa Convention Center. Zoning allows for mixed use, high density residential and commercial uses.

Description

Stand on the property and face South. Immediately you will see the Amphitheatre and the Convention Center. Several hundred feet beyond that you will see the post office that will turn into ASU's 2nd DTM campus and a few hundred feet beyond that you see the copper roof of City Hall. This is a rare opportunity to own the bookend to City Hall! Mesa is planning a lighted path leading directly from the property to the light rail. Property consists of 6 lots, 2 lots will allow +2 units or serve as parking for the 4 lots fronting University which are a blank canvas for Townhomes, Apartments, Mixed-Use properties. Property is already zoned for higher density development.

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 42078836

  • Date on Market: 9/7/2026

  • Last Updated:

  • Address: 400 N Pima, Mesa, AZ 85201

Contact the Sale Advisor

400 N Pima - Downtown Mesa Redevelopment Parcel

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