1138 S Meridian Road Unit -, Mesa, AZ 85208

$1,750,000

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Sold Price
$1,750,000
List Price
$2,160,000
Status
CLOSED
Days on Market
9
Closing Date
Oct 18, 2024
MLS#
6769202
Subtype
Land
Lot Size
182,967
Acres
4.20

Property Description

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.

Additional Information

Taxes
$1,328
Zoning
RM-3 PAD

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Olivia Guza (406-580-2876) from Listing Office: Compass.

Selling Office: My Home Group Real Estate.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.