425 East McKellips Road, Mesa, AZ 85203

Presenting a premier development opportunity on a cleared +/- 9.51-acre site in the heart of the North Mesa corridor. Formerly a mobile home park, the property is currently non-operational and in the final stages of site clearing. This offering provides a "clean slate" for high-density multi-family development, allowing a buyer to move directly into entitlements.

Strategic Development & PAD Customization

The property is zoned RM-4, supporting a maximum density of 30 units per acre (approx. 285 units). While the project size triggers a Major Site Plan, this requirement serves as a powerful tool for a sophisticated developer. Through Planned Area Development (PAD) customization, an owner has the leverage to negotiate site-specific standards and optimized layouts to maximize total yield.

Scale Efficiencies & Build-Cost Advantages

At nearly 10 acres, this site offers a distinct competitive advantage over smaller infill parcels:

Garden-Style Optimization: The 9.5-acre footprint provides the necessary "dirt" to achieve maximum density via 2-3 story garden-style construction with surface parking.

Superior IRR: By avoiding the costly "podium" or structured parking required on smaller infill sites, a developer can significantly reduce hard costs and improve overall project feasibility.

Investment & Development Highlights

Cleared Site Delivery: Site is being delivered in a cleared state, reducing pre-development timelines and liability.

Existing Infrastructure: Benefit from a site previously serviced by full municipal utilities (electric, gas, water, and sewer).

Favorable Zoning: RM-4 High-Density Multiple Residence District (City of Mesa).

Massive Frontage: Over 9.5 contiguous acres with high visibility on McKellips Road.

Strategic Location & Economic Drivers

The property is situated in a high-growth employment submarket with unparalleled access to major economic hubs:

The "Silicon Desert": Minutes from the new Meta (Facebook) Data Center and The Boeing Company (4,000+ employees).

Health & Education: Proximity to Banner Health System, ASU Polytechnic, and Mesa Community College (15,000+ students).

Connectivity: Strategic access to the Loop 202, Loop 101, and US-60; 15 minutes to Sky Harbor International Airport.

This is a premium "clean-site" opportunity in one of the Southwest’s most resilient rental markets. Contact us today for the due diligence package & to submit an offer.