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4140 E MAIN Street, -, Mesa, AZ 85205

$3,800,000
Property Type: Land and Lots Lot Size (sq. ft.): 159,001 Status: Active
Current Price: $3,800,000 List Date: 1/31/2024 Last Modified: 9/10/2024

Description

Welcome to the PI Townhomes, a 3.65 acre premier For-Rent Development Opportunity. Conveniently located in Mesa on Main Street just west of Greenfield, this project has newly approved RM-4 PAD zoning with an approved site plan for 80 townhomes. Unit mix includes: 68 three-story 2-bed/2bath, 1,128 sq/ft units and 12 two-story 3 bed/2.5 bath, 1,867 sq/ft units. All units have private laundry and a private 2-car garage. 9 of the units have a bonus 2 parking spaces in front of the unit. The site plan includes a vast common area with pool, playground and pickleball court. Mountain View high school boundaries. Convenient location for Loop 202 and US-60 access. Plans and designs included with sale.

More Information MLS# 6657726

Contract Information

Current Price: $3,800,000 List Price: $3,800,000 Status: Active List Date: 2024-01-09 For Sale or Lease?: Sale Type: ER

Location Tax Legal

House Number: 4140 Compass: E Street Name: MAIN St Suffix: Street City/Town Code: Mesa State/Province: AZ Zip Code: 85205 Zip4: 8602 Country: USA County Code: Maricopa Assessor Number: 140-19-010 Tax Year: 2023

General Property Description

Apx Total Acres: 3.65 Apx Total Acres G/N: G Price Per Acre: 1041095.89 Apx SqFt: 159001 Price Per SqFt: 23.9 Apx SqFt G/N: G Lot Size Dimensions: 298 x 535 Zoning: RM-4 PAD Elementary School District: Mesa Unified District High School District: Mesa Unified District Elementary School: Entz Elementary School Jr. High School: Poston Junior High School High School: Mountain View High School

Remarks Misc

Cross Street: Greenfield Rd and Main Street Directions: West on Main from Greenfield. Located on the North side of Main approx. 1/3 mile from Greenfield. Geo Lat: 33.416386 Geo Lon: -111.742404

Status Change Info

Status Change Date: 2024-01-31

Legal Info

Township: 1N Range: 6E Section: 21 Lot Number: -

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: Owner/Agent; N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family; Existing P.A.D. Potential Use: Multi-Family; P.A.D. Parcel Size: 2.50 - 4.99 Acres Current Density: 21 - 25 Units P/Acre Development Status: Raw Land; Plans Included Land Features: North/South Exp Land Configuration: Square Rectangular Road Responsibility: City Maintained Road Existing Structures: None Water: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; Seller May Carry; 1031 Exchange Environmental: Phase I Available Lockbox Type: None Fencing: None
Listing Office: Dave Johnson Realty
Last Updated: September - 10 - 2024
4140 E MAIN Street, -, Mesa, AZ 85205- MLS# 6657726
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