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Property view

1138 S Meridian Road, 
Mesa, AZ 85208

$1,750,000


Bed


Bath


-

Sq Ft


4.20

Acres (Lot)


Land

Sold

Listed by

Olivia Guza

Bought with My Home Group Real Estate

Compass

480-776-1555

MLS#

6769202

Source:

ARMLS

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About This Land

1138 S Meridian Road

Prime development opportunity!! Recently re-zoned from RS-42 to RM-3 PAD, the property is approved for 72 garden-style apartment units across three buildings, offering a mix of 1 BD, 2 BD, and 3 BD units. The location is ideal, with proximity to Eastmark, Mesa-Gateway Airport, and major healthcare employers. The area boasts strong rental demand and sale values for new residential housing, supported by an annual household income of over $80,000 within a 1-mile radius.

Land Facts

Description/Design:

Land

Lot Size (Acres)

4.20

MLS #:

6769202

Sold:

October 18, 2024


Finances & Disclosures

Finances

Price:

$2,160,000

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.