113 N ALMA SCHOOL Road, -, Mesa, AZ 85201

$1,025,000
Property Type: Land Lot Size (sq. ft.): 68,564 Status: Closed
Current Price: $1,025,000 List Date: 8/14/2023 Last Modified: 6/18/2025

Description

Remax Commercial is pleased to offer for sale this Prime Multi-Family Development Opportunity conveniently located in NE Mesa on Alma School Road just one block north of Main Street along the Valley Metro Light Rail System. The subject property (total of 5 parcels) sits on 1.57 acres and is Zoned RM-4 City of Mesa providing for as many as 47 residential units.

More Information MLS# 6592254

Contract Information

Current Price: $1,025,000 Sold Price: $1,025,000 Status: Closed List Date: 2023-08-14 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 113 Compass: N Street Name: ALMA SCHOOL St Suffix: Road City/Town Code: Mesa State/Province: AZ Zip Code: 85201 Zip4: 6233 County Code: Maricopa Assessor Number: 135-53-058 Subdivision: BEVERLY TERRACE Tax Year: 2022

General Property Description

Apx Total Acres: 1.57 Apx Total Acres G/N: N Price Per Acre: 795541.4 # Lots in Listing: 5 # Units Allowed: 47 Apx SqFt: 68564 Price Per SqFt: 18.22 Apx SqFt G/N: N Lot Size Dimensions: IRR Horses: N Street Frontage: 240 Zoning: RM-4 Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Patterson Elementary - Mesa Jr. High School: Mesa Junior High School High School: Mesa High School

Remarks Misc

Cross Street: Alma School and Main Street Directions: West Main Street to Alma School Road then North to property Geo Lat: 33.41731 Geo Lon: -111.855728

Status Change Info

Off Market Date: 2024-01-02 Under Contract Date: 2023-10-06 Close of Escrow Date: 2024-01-01 Sold Price: $1,025,000

Legal Info

Township: 1N Range: 5E Section: 21 Lot Number: -

Sold Info

Loan Type: Other Loan Years: 15 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Acreage; Commercial Acreage Zoned Presently: Multi-Family; Commercial Potential Use: Multi-Family; Commercial; Office Parcel Size: 1.00 - 2.49 Acres Current Density: 26 - 30 Units P/Acre Proposed Density: 26 - 30 Units P/Acre Development Status: Off Site Imp Complte Elevation: 1,001 - 2,000 Ft Elevation Source: USGS Land Configuration: Irregular Shape Road Responsibility: City Maintained Road Topography: Level Existing Structures: See Remarks Water Source: City Franchise Sewer: Sewer - Available Electric: APS Gas: SW 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 Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash Environmental: None Showing Notification Methods: Text Lockbox Type: None Fencing: None
Listing Office: RE/MAX Excalibur
Last Updated: June - 18 - 2025
113 N ALMA SCHOOL Road, -, Mesa, AZ 85201- MLS# 6592254
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