601 W UNIVERSITY Drive # 8,1 Mesa, AZ ^$ 1,800,000

601 W UNIVERSITY Drive # 8,1

^$ 1,800,000

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601 W UNIVERSITY Drive # 8,1

Mesa, AZ, 85201

^$ 1,800,000

Studio Baths0.0

Monthly Estimate*

^$ 12,574

601 W UNIVERSITY Drive # 8,1, Mesa, AZ 85201 - Image 1

601 W UNIVERSITY Drive # 8,1, Mesa, AZ 85201 - Image 2

601 W UNIVERSITY Drive # 8,1, Mesa, AZ 85201 - Image 3

601 W UNIVERSITY Drive # 8,1, Mesa, AZ 85201 - Image 4

601 W UNIVERSITY Drive # 8,1, Mesa, AZ 85201 - Image 5

Studio

Lots and Land for sale in Mesa, AZ

for $1,800,000. The lot size is 1.33.

Multi-family opportunity located within a highly sought after Opportunity Zone of Downtown Mesa. Recently rezoned RM-4 and approved for 27 townhomes, a large amount of work has been completed with architect and city. 601-615 West University is an 1.33 acre lot located on hard corner of N. Hosick and N. Date with frontage along University. Located just a block north of Downtown Mesa and the Light Rail, and close to the freeways, ASU campus, shops, and schools. Project sight on 5 combined parcels: 135-58-144, 135-58-140, 135-58-143, 135-58-074, 135-58-081. House on land is unoccupied and is able to be viewed.

Lots and Land Active

Price

^$ 1,800,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,695

Style

Land

Lot Size

1.33

Town/City

Mesa

County/Region

Maricopa

MLS | Web ID

6606724

Features

General

Sewer Public Sewer

Development Status Plans Available

Zoning RM-4

Electric SRP

Township 1N

Unit Number 8 1

Tax Year 2022

County Maricopa

Property Type Land

HOA / Comm Assn N

Possible Use Retail Single Family Multi-Family Commercial

Other Structures Residence

Special Listing Conditions N/A

Status Active

Directions West of Country Club at University. On south side of road between entire length between North Date and North Hosick.

High School Westwood High School

City Mesa

Disclosures None

View Y/N N

High School District Mesa Unified District

Lot Size Square Feet 9605.0

Carport Y/N N

Street Name UNIVERSITY

Elementary School Emerson Elementary School

Tax Annual Amount 1695.0

Middle/Junior High School Carson Junior High School

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 221

Standard Status Active

Occupancy Description Vacant

Elementary School District Mesa Unified District

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 8 1

New_sp_Financing_co_Conventional5 True

Senior Community N

Exterior

Fencing Block

Water Source City Franchise

Lot Size Area 1.33

Spa N

Lot Dimensions approx. 208x208

Lot Size Acres 1.33

Road Surface Type Asphalt

Lot Size Units Acres

Number of Lots 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Street Suffix Drive

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 601

* Excluded Features

List By

West Usa Realty

Broker

barbkaminski@yahoo.com

Affordability Calculator

$12,715

Per Month

Monthly Principal & Interest: $12,574
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Mesa, AZ

Average List Price ^$678,869

Percent of Sale Price 62%

About Mesa, AZ

497,111 Population

24% Since 2002

^$51,369 Median Income

36.48 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327578 Elementary School

4327344 Middle School

Westwood High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/18/2023	$1,800,000		Listed Price

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601 W UNIVERSITY Drive # 8,1, Mesa, AZ, 85201 is a Lots and Land for sale at $1,800,000 with a lot size of 1.33. 601 W UNIVERSITY Drive # 8,1 is a studio with 0.0 baths. The property's zip code is 85201 which is in Mesa, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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601 W UNIVERSITY Drive # 8,1

Lots and Land for sale in Mesa, AZ

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