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Home > 155 W 2ND Avenue -, Mesa, AZ 85210 (MLS# 7033485)

155 W 2ND Avenue -, Mesa, AZ 85210

$3,000,000
Property Type: Land Lot Size (sq. ft.): 67,757 Status: Active
Current Price: $3,000,000 List Date: 5/27/2026 Last Modified: 5/29/2026

Description

Prime investment opportunity in a certified Opportunity Zone / Qualified Census Tract in booming Downtown Mesa. This transit-oriented, 60-unit project features approved preliminary site and architectural plans for a 3-story modern development (42 2BR/2BA and 18 1BR/1BA units averaging ~740 SF). APPROVED PLANS: Ready to build or customize. PREMIUM AMENITIES: Courtyard, pool, turf areas, BBQs, and covered parking. TOP LOCATION: Steps to breweries, dining, and Mesa Arts Center. TRANSIT RICH: 3-minute walk to bus, 6-minute walk to Light Rail, 10 minutes to Sky Harbor Airport. Capitalize on high rental demand and major tax incentives. Buy and build the ''Mesa 60'' today. Lender-Owned.

More Information MLS# 7033485

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,000,000 List Price: $3,000,000 Status: Active List Date: 2026-05-26

Location, Tax & Legal

Lot #: - Assessor's Map #: 51 Legal Description (Abbrev): MESA LOT 6 EX E 50' BLK 21 Assessor's Parcel #: 12 Assessor Parcel Ltr: A Add'l Parcels: Yes Tax Municipality: Mesa Census Tract: 421400 Taxes: 312 Marketing Name: MESA 60 Development House Number: 155 Compass: W Street Name: 2ND St Suffix: Avenue City/Town Code: Mesa State/Province: AZ Zip Code: 85210 Zip4: 1316 Country: US County Code: Maricopa Assessor Number: 138-51-012-A Subdivision: MESA ARIZONA Tax Year: 2025

General Property Description

Apx Total Acres: 1.56 Apx Total Acres G/N: G Price Per Acre: 1923076.92 # Lots in Listing: 3 # Units Allowed: 60 Apx SqFt: 67757 Price Per SqFt: 44.28 Apx SqFt G/N: G Lot Size Dimensions: IRREGULAR Elementary School District: Mesa Unified District High School District: Mesa Unified District Zoning: DR-3, MESA

Legal Info

Range: 5E Section: 22 Township: 1N Lot Number: -

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 3000000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1 Commercial Lot: 1 Residential Acreage: 1 Commercial Acreage: 1 Other (See Rmks): 1

Zoned Presently

Multi-Family: 1 Other (See Rmks): 1

Potential Use

Multi-Family: 1 See Remarks: 1

Parcel Size

1.00 - 2.49 Acres: 1

Current Density

36 - 40 Units P/Acre: 1 Other (See Rmks): 1

Proposed Density

Other (See Rmks): 1

Development Status

Plans Available: 1 See Remarks: 1

Land Features

Corner Lot: 1 Dual Street Ftg: 1 Historic District: 1

Land Configuration

Irregular Shape: 1

Road Access Type

City Street: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Fencing

Brick: 1 Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Electric

City Electric: 1

Topography

Level: 1

Gas

City Gas: 1

Existing Structures

Shed(s): 1 Residence: 1 Warehouse: 1 See Remarks: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1

Special

REO Property: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

On Property: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

On Property: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Other Loan

Not Applicable: 1

Remarks Misc

Cross Street: Center Street / Main Street Directions: From Center Street / Main Street, head West to Robson. Turn Left (South) on Robson. Property is on the SWC of 2nd Avenue & Robson, in the Towne Center District. Geo Lat: 33.410542 Geo Lon: -111.836401

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage; Other (See Rmks) Zoned Presently: Multi-Family; Other (See Rmks) Potential Use: Multi-Family; See Remarks Parcel Size: 1.00 - 2.49 Acres Current Density: 36 - 40 Units P/Acre; Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: Plans Available; See Remarks Land Features: Corner Lot; Dual Street Ftg; Historic District Land Configuration: Irregular Shape Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: Shed(s); Residence; Warehouse; See Remarks Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: City Electric Gas: City 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 Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash Special: REO Property Environmental: None Lockbox Type: None Fencing: Brick; Chain Link
Listing Office: ABI Multifamily
IDX
Last Updated: May - 29 - 2026
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