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Sold for $1,750,000
  • $1,750,000

    1138 S Meridian Rd, Mesa, AZ 85208

    --beds
    --baths
    4.2Acres
    Land
    Built in ----
    4.2 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,165 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,165/mo

    Zestimate® history
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    $2,165/mo

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    $9,906/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: October 19, 2024 at 01:01am

    Listed by:

    Olivia Guza 406-580-2876,

    Compass

    Bought with:

    Jared Ryan Piper, SA644292000

    My Home Group Real Estate

    Source: ARMLS,MLS#: 6769202MLS Logo

    Facts & features

    Property

    Lot
    • Size: 4.20 Acres
    Details
    • Additional structures: None
    • Parcel number: 22079425
    • Zoning: RM-3 PAD

    Utilities & green energy

    • Electric: SRP
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & neighborhood

    Location
    • Region: Mesa

    Other

    Other facts
    • Listing terms: Cash,Other (See Rmks),Seller Approve Terms,1031 Exchange,Conventional

    Price history

    DateEventPrice
    10/18/2024Sold$1,750,000-19%
    Source: ARMLS #6769202 Report a problem
    10/10/2024Listed for sale$2,160,000+440%
    Source: ARMLS #6769202 Report a problem
    8/12/2022Sold$400,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,318 +0.5%$116,730 -4.9%
    2024$1,312 -0.8%$122,775 +908.2%
    2023$1,323 +1.6%$12,178 -80.7%

    Find assessor info on the county website

    Neighborhood: 85208

    Nearby schools

    GreatSchools rating