9 months on rocket

1240 N Recker Rd Unit 5, Mesa, AZ, 85205

$700,000

1.22 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6661282
Lot Size1.22 Acres
StatusActive

About 1240 N Recker Rd Unit 5

Investment opportunity! This vacant commercial land spans approximately more than an acre, offering a prime development opportunity in a bustling commercial district. The flat, rectangular parcel is easily accessible, located just off a major thoroughfare with high vehicular and pedestrian traffic. The land is zoned for commercial use, making it ideal for various business ventures such as retail complexes, office buildings, or hospitality enterprises. With no existing structures, it presents a blank canvas for developers! The land's strategic location and versatile zoning and development potential make it a highly desirable property for investors and developers looking to expand in a vibrant commercial zone!

Property Details

Property Features

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (480) 722-9800
  • Listing Agent: Vance Nielson

Lot Features

Lot Information:

  • Lot: East/West Exposure
  • Lot Size: 1.22 Acres

School Info

Assigned Schools Information:

  • Red Mountain High School, Public District Grades 9-12
  • East Valley Academy, Public District Grades 9-12
  • Shepherd Junior High School, Public District Grades 7-8
  • Mesa Academy For Advanced Studies, Public District Grades 4-9
  • Franklin Junior High School, Public District Grades 7-9
  • Mendoza Elementary School, Public District Grades PK-6
  • Franklin At Brimhall Elementary School, Public District Grades KG-6
  • Franklin Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Head north on N Recker Rd toward E Brown Rd. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
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Housing Market Comparison

See how this home compares to others in Mesa, AZ.

Med. Sold Price

$449.9K

Med. Price/SqFt

$270

Avg. Days On Market

58

# of Sold Homes

463

1240 N Recker Rd Unit 5 vs Mesa

270 DAYS ON ROCKET

+212 Days

$700,000

+$250K More

KEY TAKEAWAY

This property is $250K more than the Median Sold Price in Mesa, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6661282

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (480) 722-9800
  • Listing Agent: Vance Nielson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2057831
6
/10
  • Mendoza Elementary School

  • 5831 E Mclellan Rd

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-2057832
10
/10
  • Franklin At Brimhall Elementary School

  • 4949 E Southern Ave

  • 3.43 miles

  • Public District Grades KG-6

school-card-donut-2057833
9
/10
  • Franklin Elementary School

  • 1753 E 8th Ave

  • 5.97 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2057834
4
/10
  • Shepherd Junior High School

  • 1407 N Alta Mesa Dr

  • 0.40 miles

  • Public District Grades 7-8

school-card-donut-2057835
10
/10
  • Mesa Academy For Advanced Studies

  • 6919 E Brown Rd

  • 1.15 miles

  • Public District Grades 4-9

school-card-donut-2057836
10
/10
  • Franklin Junior High School

  • 4949 E Southern Ave

  • 3.43 miles

  • Public District Grades 7-9

High School

school-card-donut-2057837
7
/10
  • Red Mountain High School

  • 7301 E Brown Rd

  • 1.58 miles

  • Public District Grades 9-12

school-card-donut-2057838
2
/10
  • East Valley Academy

  • 855 W 8th Ave

  • 8.96 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,197. The majority of Mesa, AZ residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 N Recker Rd Unit 5

What is the listing price of this property?

The listing price of 1240 N Recker Rd Unit 5 property is $700,000.

What type of property is this?

The property 1240 N Recker Rd Unit 5 is land located in Mesa, Arizona, 85205.

Is this property for sale now?

Active Listing: 1240 N Recker Rd Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 N Recker Rd Unit 5 are:
Mendoza Elementary School: GreatSchools Rating 6/10
Franklin At Brimhall Elementary School: GreatSchools Rating 10/10
Franklin Elementary School: GreatSchools Rating 9/10
Shepherd Junior High School: GreatSchools Rating 4/10
Mesa Academy For Advanced Studies: GreatSchools Rating 10/10
Franklin Junior High School: GreatSchools Rating 10/10
Red Mountain High School: GreatSchools Rating 7/10
East Valley Academy: GreatSchools Rating 2/10

How much acreage is this property?

The property 1240 N Recker Rd Unit 5 is 1.22 acres.
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Rocket HomesArizonaMaricopa CountyMesa852051240 N Recker Rd Unit 5

This home is located at 1240 N Recker Rd Unit 5 in Mesa, AZ and zip code 85205 in the Freedom Run neighborhood. This home sits on a 1.22 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $700,000.

In October 2024, from all listings sold in Mesa, AZ there were more than 73 sold above asking price, over 252 sold below and more than 138 were sold right at the asked price. In October 2024 in Mesa, AZ there were 7.2% more homes for sale than in September 2024. In October 2024 median list price was $449,937 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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