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155 2nd Ave
Mesa, AZ 85210 Downtown Mesa

$3,000,000 USD

Land For Sale  •  1.56 AC

Property Details

  • Property Type Land
  • Lot Size 1.56 AC
  • Zoning DR-3, Mesa
50 Transit Score
40 Walk Score

Description

Unlock the potential of Downtown Mesa with this shovel-ready, 60-unit residential development opportunity. Strategically located in a certified Opportunity Zone (QCT) as of May 2026, this three-story, transit-oriented project offers rapid development potential with preliminary site plans and architectural plans already approved. Positioned in the heart of the ongoing Downtown Mesa revitalization, this project offers high ROI potential for a new build in a high-demand rental market. 

DEVELOPMENT HIGHLIGHTS

•	Capacity: 60 Stacked Multifamily Units (42 2-Bedroom /2-Bathroom Units & 18 1-Bedroom / 1-Bathroom Units Averaging~740 SF)
•	Approval Status: Preliminary Site Plan & Architectural Plans Completed (Buyer Can Adopt Existing or Propose New Designs)
•	Planned Amenities: Central Courtyard With Pool, Turfed Recreation Areas, BBQ/Picnic Areas, & Secure Covered Parking
•	Investor Incentives: Located Within a Certified Opportunity Zone (OZ) & Qualified Census Tract (QCT), Offering Significant Tax Incentives as of May 2026 

UNBEATABLE LOCATION & ACCESSIBILITY

•	Downtown Walkability: Steps away from Local Breweries, Dining, the Mesa Arts Center, & the Historic Robson District Blending Cultural Charm With Urban Energy.
•	Transit-Oriented: Located 0.13 miles (3 Minute Walk) From the Valley Metro Bus (Main Street / Macdonald stop), 0.3 Miles (6-8 Minute Walk) From the Valley Metro Light Rail (Country Club / Main Street), & Approximately 10 Minutes to Phoenix Sky Harber International Airport.

THE "MESA 60" ADVANTAGE

This 3-story development serves the high demand for modern, attainable housing in a growing, walkable urban environment. The site is designed for luxury modern living featuring in-suite laundry, spacious floor plans, and private balconies / patios.

Highlights

Capacity: 60 Stacked Multifamily Units (42 2-Bedroom / 2-Bathroom Units & 18 1-Bedroom / 1-Bathroom Units Averaging ~740 SF)
Approval Status: Preliminary Site Plan & Architectural Plans Completed (Buyer Can Adopt Existing or Propose New Designs)
Planned Amenities: Central Courtyard With Pool, Turfed Recreation Areas, BBQ/Picnic Areas, & Secure Covered Parking
Investor Incentives: Located Within a Certified Opportunity Zone (OZ) & Qualified Census Tract (QCT), Offering Significant Tax Incentives (May 2026)
Downtown Walkability: Steps Away From Local Breweries, Dining, the Mesa Arts Center, & the Historic Robson District
Transit-Oriented: Walk to Valley Metro Bus Stop and Valley Metro Light Rail Station, & 10 Minutes to Phoenix Sky Harbor International Airport

Property Flyers

Public Transportation

Transit/SubwayDriveWalkDistance
Country Club/Main St (Valley Metro Rail - Valley Metro (Phoenix Light Rail)) 1 min 9 min 0.5 mi
Center/Main St (Valley Metro Rail - Valley Metro (Phoenix Light Rail)) 2 min 12 min 0.7 mi
AirportDriveWalkDistance
Phoenix Sky Harbor International 21 min - 12.4 mi
Phoenix-Mesa Gateway 26 min - 17.4 mi
Natan Jacobs 480-440-4403 ABI Multifamily
Natan Jacobs 480-440-4403 ABI Multifamily