This expansive lot is zoned Multi-Family (MF), currently, offering incredible flexibility for your future. The existing home needs a full renovation with the potential, to add additional units in the back in the future redevelop. Located in a close knit family oriented community, the property is within walking distance to Elementary, Junior High and High Schools. Listing agent can provide general contractor information to assist with remodel completion. A renewed permit is necessary as owner has demolition permit in process, that would need revoked, if Buyer wants to remodel and live in the home. SEE MORE.. The current structure is being sold as-is, with the value primarily in the land and the current condition of the home needs a full remodel!! Ideal for builders, investors, or buyers looking to renovate or redevelop. Buyer to perform all due diligence regarding zoning, permits, and future use. Please reach out to discuss. A rare chance to restore or reimagine this home on this desirable lot. This project is offering a blank canvas for customization, expansion, or redevelopment. Perfect for buyers seeking a project in a sought-after location. Seller makes no representations regarding condition of the structure. Utilities, systems, and appliances have not been tested. Buyer responsible for verifying all development possibilities.Location Highlights:Centrally situated near Mesa Riverview and Tempe MarketplaceOnly 5 miles to ASU campus.Easy access to Loop 101 and Loop 202 freewaysJust down the street from the Chicago Cubs Spring Training StadiumSurrounded by shopping, dining, and entertainment optionsWhether you choose to renovate, redevelop, or pursue the four plex plans, townhome lots, this property offers exceptional potential in a thriving area. A rare opportunity to capitalize on Mesas growth with multiple exit strategies available!
Listed By
Agency Name: West USA Realty
Agency Phone: 480-820-3333
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 1,083.14 per month $879.10 Principal & Interest $88.83 Property Tax $115.21 Homeowner's Insurance
554 W Rio Salado Parkway | MLS# 6973576
This single family home located at 554 W Rio Salado Parkway, Mesa, AZ 85201 is currently listed for sale with an asking price of $395,000. This property was built in 1947 and has 2 bedrooms with 1342 sq. ft. W Rio Salado Parkway is located in the unknown subdivision within the Mesa Unified District school district. Search Unknown real estate on www.arizonabest.com today.