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601-615 W University Dr - University Modern 1.34 Acres of Residential Land Offered at $1,100,000 in Mesa, AZ 85201

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INVESTMENT HIGHLIGHTS

High Density Multifamily Zoning (30 DU/AC, up to 40' buildable height)

EXECUTIVE SUMMARY

• Centrally located near US-60, Loop 101, & Loop 202
• 1mi Average Annual HH Income in excess of $80,000
• Opportunity Zone
• Zoning allows for up to 40 Units
• RM-4 Zoning (30 DU/AC, up to 40’)

601 and 615 W University Dr Brochure

PROPERTY FACTS

Price	$1,100,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Apartment Units
No. Lots	1	Total Lot Size	1.34 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RM-4 - RM-4 Zoning (30 DU/AC, up to 40’)

Price	$1,100,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units
Total Lot Size	1.34 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RM-4 - RM-4 Zoning (30 DU/AC, up to 40’)

1 LOT AVAILABLE

Lot

Price	$1,100,000	Lot Size	1.34 AC
Price Per AC	$820,895.52

Price	$1,100,000
Price Per AC	$820,895.52
Lot Size	1.34 AC

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Walk Score®

Very Walkable (74)

Bike Score®

Very Bikeable (78)

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PROPERTY TAXES

Parcel Numbers	Multiple 135-58-081 135-58-144 135-58-074 135-58-143	Improvements Assessment	$0
Land Assessment	$37,044	Total Assessment	$37,044

PROPERTY TAXES

Parcel Numbers

Multiple

135-58-081
135-58-144
135-58-074
135-58-143

Land Assessment

$37,044

Improvements Assessment

Total Assessment

$37,044

(314) 651-0322

CONTACT

Gunnar Sinnett
LevRose Real Estate

Listing ID: 36517296
Date on Market: 6/27/2025
Last Updated:
Address: 601-615 W University Dr, Mesa, AZ 85201

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