1756 E UNIVERSITY Drive -, Mesa, AZ 85203 (MLS# 6928152)

1756 E UNIVERSITY Drive -, Mesa, AZ 85203

$1,290,000
Property Type: Land Lot Size (sq. ft.): 63,019 Status: Active
Current Price: $1,290,000 List Date: 10/02/2025 Last Modified: 3/18/2026

Overview

Description

Rare infill opportunity in central Mesa, this site is 1.45 acres with City approved zoning and site plan for 30 three-story, 2-car garage Build-to-Rent townhome units. The community is designed with a gated entrance on Hall St and a central amenities area. Seller will provide all available surveys, reports and drawings upon accepted contract. Great location near transit and downtown amenities.

Listing Details MLS# 6928152

Location, Tax & Legal

House Number
1756
Compass
E
Street Name
UNIVERSITY
St Suffix
Drive
City/Town Code
Mesa
State/Province
AZ
Zip Code
85203
Zip4
8210
Country
US
County Code
Maricopa
Assessor Number
137-01-231
Tax Year
2024
Lot #
-
Assessor's Map #
1
Legal Description (Abbrev)
PT SE4 SEC 13 DAF BEG 950F E OF SW COR SE4 SD SEC TH N 848.62F M/L TO SWLY LN CONS CANAL TH SELY ALG
Assessor's Parcel #
231
Add'l Parcels
No
Tax Municipality
Mesa
Census Tract
420800
Taxes
2621

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
1.45
Apx Total Acres G/N
G
Price Per Acre
889655.17
# Lots in Listing
Yes
# Units Allowed
30
Apx SqFt
63019
Price Per SqFt
20.47
Apx SqFt G/N
G
Lot Size Dimensions
296x200x301x209
Horses
N
Zoning
RM-4 PAD
Flood Zone
No
Elementary School District
Mesa Unified District
High School District
Mesa Unified District
Elementary School
Michael T. Hughes Elementary School
Jr. High School
Poston Junior High School
High School
Mountain View High School

Remarks Misc

Cross Street
University Dr & Gilbert Dr
Directions
South on Gilbert, West on University, turn right into the lot

Legal Info

Township
1N
Range
5E
Section
13
Lot Number
-

Showing Notification Methods

Showing Service
No Showing Service Used

More Information

Special Listing Cond

Owner/Agent
Yes

Pmt & Rate Info

Equity
1290000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes
Existing P.A.D.
Yes

Potential Use

Multi-Family
Yes

Parcel Size

1.00 - 2.49 Acres
Yes

Proposed Density

21 - 25 Units P/Acre
Yes

Development Status

Plans Available
Yes
Off Site Imp Needed
Yes
Prelim Eng Included
Yes
See Remarks
Yes

Land Features

Corner Lot
Yes
Dual Street Ftg
Yes
Sidewalk(s)
Yes

Land Configuration

Square Rectangular
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

2.1 - 5 Miles
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

None
Yes

Existing Structures

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes
No Carry
Yes
1031 Exchange
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

Under 350 Feet
Yes

Distance to Sewer

Under 350 Feet
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes
Boundary Survey Avlb
Yes
ALTA Survey Alba
Yes
Development Pln Aval
Yes
Vicinity of an Airport
Yes

Environmental

Phase I Available
Yes

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family; Existing P.A.D. Potential Use: Multi-Family Parcel Size: 1.00 - 2.49 Acres Proposed Density: 21 - 25 Units P/Acre Development Status: Plans Available; Off Site Imp Needed; Prelim Eng Included; See Remarks Land Features: Corner Lot; Dual Street Ftg; Sidewalk(s) Land Configuration: Square Rectangular Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry; 1031 Exchange Environmental: Phase I Available Lockbox Type: None Fencing: None
IDX
Listing Office: Dave Johnson Realty
Last Updated: March - 18 - 2026
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