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1138 S Meridian Road, -
Courtesy of Compass, Olivia Guza Listing Contact: 406-580-2876 
Sold

1138 S Meridian Road, -

1138 S Meridian Road, -, Mesa, AZ 85208

$1,750,000
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.

4.2 Acres lot

Features & Amenities

Area & Lot

  • Status Sold
  • Date Sold October 18, 2024
  • Lot Area4.2 Acres
  • MLS® ID6769202
  • TypeLand

Exterior

  • water SourceCity Franchise
  • sewerPublic Sewer

Financial

  • Sales Price$1,750,000
  • Real Estate Tax $1,329/yr
  • Zoning RM-3 PAD

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