Prime Multi-Family Development Opportunity in Downtown Mesa's Sought-After Opportunity Zone! Located on a generous 1.33-acre lot at 615 W University Dr, this property offers an exceptional chance for developers. Significant progress has already been made with architectural plans and City approvals for a 27-townhome project. This unique lot, which spans from North Date to North Kosick, consists of five parcels, offering extensive frontage along University Drive. Ideally positioned just one block north of downtown Mesa and the light rail, this property is also minutes from major freeways, the ASU campus, schools, and various shops.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms Possible: 4
Bathrooms
- Total Bathrooms: 1.5
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- Eat-in Kitchen
- 3/4 Bath Master Bdrm
Heating and Cooling
- Cooling Features: Refrigeration
- Heating Features: Electric
Exterior and Lot Features
- Fencing: Block
- Road Responsibility: City Maintained Road
Land Info
- Lot Description: Dirt Back, Grass Front
- Lot Size Acres: 0.46
- Lot Size Source: Assessor
- Lot Size Square Feet: 20038
Garage and Parking
- Open Parking Spaces: 4
- Parking Features: RV Gate, RV Access/Parking
Homeowners Association
- Association: No
- Association Fee Includes: No Fees
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Emerson Elementary School
- Elementary School District: Mesa Unified District
- High School: Westwood High School
- Middle School: Carson Junior High School
- School District: Mesa Unified District
Other Property Info
- Annual Tax Amount: 825
- Source Listing Status: Active
- County: Maricopa
- Cross Street: Country Club and Univeristy
- Directions: West of Country Club at University. On the south side of the road. The property is sold as a package of 5 parcels total, the entire frontage of University between North Date and North Hosick.
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Scott ADD
- Ownership Type: Fee Simple
- Parcel Number: 135-58-140
- Postal Code Plus 4: 5610
- Subdivision: Scott ADD
- Township: 1N
- Property Subtype: Single Family - Detached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1386
- Year Built: 1954
- Building Area Source: Assessor
- Building Exterior Type: Painted, Block
- Construction Materials: Painted, Block
- Living Area Source: County Assessor
- Property Age: 70
- Roof: Composition
- Building Total Stories: 1
Utilities
- Sewer: Public Sewer
- Water Source: City Water
