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5950 E Adobe Rd -, Unit Mesa, AZ, 85205

$1,250,000

2.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6512997
Lot Size2.10 Acres
StatusAccepting Backup Offers

About 5950 E Adobe Rd -

PERMIT APPROVED!! Shovel ready multifamily site ready to build 38 units on! Over TWO ACRES on a popular corner intersection-great investment/development opportunity! This hard to find in-fill project is in a highly desirable area of Mesa with great schools. Building plans for 38 unit condominium development with permit approval are included with the sale! Ideal location, minutes to the 202 Freeway and the 60 Freeway, tons of stores and restaurants, parks and walking trails and so much more!

Property Details

Property Features

Listing Office:

  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Listing Agent: Rob Hale

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 2.10 Acres

Other

Directions Information:

  • Directions: On University Dr. & Recker Rd., head North on Recker Rd. past University Dr, lot is on the West (Left) side, on the NW corner of Adobe & Recker.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
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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

5950 E Adobe Rd - vs Mesa

665 DAYS ON ROCKET

+607 Days

$1,250,000

+$800K More

KEY TAKEAWAY

This property is $800K 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: #6512997

Listing Office:

  • Office Name: My Home Group Real Estate
  • Office Phone: (480) 685-2760
  • Listing Agent: Rob Hale

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: 11/23/2024, 12:20:53 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

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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.

Nearby Schools

school-card-donut-877169
6
/10
  • Mendoza Elementary School

  • 5831 E McLellan Rd

  • 0.97 miles

  • Public District Grades KG-6

school-card-donut-877170
4
/10
  • O'Connor Elementary School

  • 4840 E Adobe St

  • 1.33 miles

  • Public District Grades PK-6

school-card-donut-877171
2
/10
  • Salk Elementary School

  • 7029 E Brown Rd

  • 1.43 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,840. The majority of Mesa, AZ residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5950 E Adobe Rd -

What is the listing price of this property?

The listing price of 5950 E Adobe Rd - property is $1,250,000.

What type of property is this?

The property 5950 E Adobe Rd - is land located in Unit Mesa, Arizona, 85205.

Is this property for sale now?

Accepting Backup Offers: 5950 E Adobe Rd - is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 5950 E Adobe Rd - is 2.10 acres.
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Rocket HomesArizonaMaricopa CountyMesa852055950 E Adobe Rd -

This home is located at 5950 E Adobe Rd - in Unit Mesa, AZ and zip code 85205. This home sits on a 2.10 acre lot. It has been listed on Rocket Homes since January 27, 2023 and is currently priced at $1,250,000.

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. The inventory of homes for sale in Mesa, AZ between September 2024 and October 2024 increased by 7.2%. Listings spent 58 days on the market in October 2024, and had a median list price of $449,937 during the same period.

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

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