Seller's Agent in 2025
Colin Kreager
ABI Multifamily
(602) 714-1400
1 in this area
17 Total Sales
2820 E Broadway Rd Mesa, AZ 85204
Central Mesa Neighborhood
--
Bed
--
Bath
6,656
Sq Ft
1.06
Acres
Highlights
- 1.06 Acre Lot
- Central Air
- Heating Available
- Franklin at Brimhall Elementary School Rated A
- Carpet
About This Home
As of May 2025ABI Multifamily is pleased to present 2820 East Broadway Road, a standalone commercial retail building in a busy East Mesa submarket with ~6,650 sq ft of space. The building offers one large room covering the majority of the sq ft, a kitchen, small office space, & two restrooms. This building is situated on a little larger than a one-acre lot with ample parking. The vaulted ceilings give a buyer many options with this space. It will be delivered vacant at close, providing a blank canvas for an owner / operator or an investor placing a tenant. Built in 1998, all components of the property are in good condition and well-maintained. This property can be operated as a turnkey solution for a business owner or tenant's needs. Many commercial uses are permitted in the current C-G zoning. 2820 East Broadway Road is located in an active part of East Mesa, right on the Northeast corner of East Broadway Road & South Lindsay Road with ~185 feet of frontage on East Broadway Road. The property is located ~1.5 miles to highway 60, ~5.5 miles to Loop 202, and ~9.5 miles to downtown Mesa, making this site conveniently located in close proximity to various activities in East Mesa.The owner is open to seller financing with the right buyer and is selling the property in as-is condition.
Last Agent to Sell the Property
ABI Multifamily License #SA693849000 Listed on: 05/05/2025
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,538
Year Built
- Built in 1998
Lot Details
- 1.06 Acre Lot
- Property is zoned C-G
Home Design
- 6,656 Sq Ft Home
- Wood Frame Construction
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 44 Open Parking Spaces
- 44 Parking Spaces
- Free Parking
- Paved Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 140-27-022-D
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
May 22, 2025
Sold by
Last Turn Llc
Bought by
Capital Allocation Partners Income Fund I Llc
Seller's Agent
Colin Kreager
ABI Multifamily
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,600,000
Sold Price
$1,300,000
Premium/Discount to List
-$300,000
-18.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,162
Avg. Annual Appreciation
0.84%
Original Mortgage
$845,000
Outstanding Balance
$842,111
Interest Rate
6.83%
Mortgage Type
Seller Take Back
Estimated Equity
$462,051
Purchase Details
Closed on
Aug 26, 2013
Sold by
Zimmerman Stanley R
Bought by
Last Turn Llc
Purchase Details
Closed on
Apr 29, 2005
Sold by
Bovee James and Bovee Alice
Bought by
Zimmerman Stanley R
Purchase Details
Closed on
Jan 9, 1999
Sold by
Bovee James and Bovee Alice
Bought by
City Of Mesa
Purchase Details
Closed on
Sep 29, 1998
Sold by
Hollywood Broadway Lindsay Llc
Bought by
Bovee James and Bovee Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 1998
Sold by
Red Deer Development Inc
Bought by
Hollywood Broadway Lindsay Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 21, 1997
Sold by
Red Deer Development Inc
Bought by
Super Wash Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,300,000 | Old Republic Title Agency | |
| Cash Sale Deed | $300,000 | Fidelity National Title Agen | |
| Cash Sale Deed | $1,425,000 | Fidelity National Title Ins | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $1,045,000 | Transnation Title Ins Co | |
| Cash Sale Deed | $210,000 | Transnation Title Insurance | |
| Cash Sale Deed | $165,000 | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $845,000 | Seller Take Back | |
| Previous Owner | $820,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $1,300,000 | -18.8% | $195 / Sq Ft |
| 05/05/2025 05/05/25 | Price Changed | $1,600,000 | 0.0% | $240 / Sq Ft |
| 02/12/2025 02/12/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | For Sale | $1,600,000 | -- | $240 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,538 | $74,464 | -- | -- |
| 2024 | $7,830 | $73,134 | -- | -- |
| 2023 | $7,830 | $174,250 | $64,413 | $109,837 |
| 2022 | $7,893 | $175,228 | $73,115 | $102,113 |
| 2021 | $8,218 | $178,848 | $75,204 | $103,644 |
| 2020 | $8,111 | $178,164 | $73,080 | $105,084 |
| 2019 | $7,578 | $173,106 | $72,018 | $101,088 |
| 2018 | $7,273 | $159,390 | $59,886 | $99,504 |
| 2017 | $7,056 | $151,524 | $55,458 | $96,066 |
| 2016 | $6,925 | $54,000 | $27,000 | $27,000 |
| 2015 | $7,024 | $55,500 | $27,750 | $27,750 |
Source: Public Records
Agents Affiliated with this Home
-
Colin Kreager
-
N
Buyer's Agent in 2025
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6804097
APN: 140-27-022D
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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