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5705 E Longbow Pky - Lot 2 10.11 Acres of Commercial Land Offered at $8,136,730 CAD in Mesa, AZ 85215

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Investment Highlights

FULL DIAMOND INTERCHANGES AT RECKER & HIGLEY ROADS
ALL UTILITIES STREET FRONTAGE (WATER, SEWER, POWER NATURAL GAS, & TELECOM CONDUIT

20 MIN DRIVE FROM PHOENIX SKY HARBOR AIRPORT & MESA GATEWAY AIRPORT
FREEWAY MONUMENT SIGN POTENTIAL

Executive Summary

±10.11 acres of land currently zoned light industrial
Ownership actively looking for hotel uses, retail, entertainment, flex/industrial, office.
CC&R's prohibit mini storage and no multi-family.

CBRE 7/25

Property Facts In Escrow

Price	$8,136,730 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
No. Lots	1	Total Lot Size	10.11 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	L-I - L-I, Light Industrial

Price	$8,136,730 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	10.11 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	L-I - L-I, Light Industrial

1 Lot Available

Lot

Price	$8,136,730 CAD	Lot Size	10.11 AC
Price Per AC	$804,819.97 CAD

Price	$8,136,730 CAD
Price Per AC	$804,819.97 CAD
Lot Size	10.11 AC

Seller is re-platting to 4 subdivided sites of approximately 3.5 acres, 1.5 acres, 1.5 acre and 3.5 acres. Able to accommodate hotel, retail, and entertainment.

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(602) 614-7877

Contacts

Mike Parker
Bill Bones
Theresa Lau
CBRE

Listing ID: 28058855
Date on Market: 2023-03-24
Last Updated:
Address: 5705 E Longbow Pky, Mesa, AZ 85215

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