$1,125,000
$575K PRICE DROP

5950 E Adobe Rd Mesa, AZ 85205

Central Mesa East Neighborhood

Estimated payment $7,255/month

Total Views 778
2.1 Acres
$535,714 Price per Acre
91,476 Sq Ft Lot

Highlights

  • 2.1 Acre Lot
  • Corner Lot
  • No HOA
  • Franklin at Brimhall Elementary School Rated A

About This Lot

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!

Listing Agent

Rob Hale

My Home Group Real Estate License #BR550881000 Listed on: 07/31/2025

My Home Group Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 2.1 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Level Lot
  • Property is zoned RM-3-PAD

Schools

  • Mendoza Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Community Details

  • No Home Owners Association
  • Alta Mesa 5D Lot 1 58 Tr A B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 141-78-820

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: RECKER RD. & UNIVERSITY DR.
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Topography: Level
  • Zoning: RM-3-PAD
  • Tax Year: 2021
  • 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.
  • Lot Size Acres: 2.1
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: ALTA MESA 5D LOT 1-58 TR A B
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot
  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mendoza Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 314'X279'
  • Lot Size Sq Ft: 91345.0
  • Additional Parcels: No
  • Parcel #: 141-78-820

Tax Info

  • Tax Book Number: 141.00
  • Tax Lot: -
  • Tax Map Number: 78.00

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $1,125,000 0.0% --
04/29/2025 04/29/25 Off Market $1,125,000 -- --
12/16/2024 12/16/24 Price Changed $1,125,000 -10.0% --
10/29/2024 10/29/24 Price Changed $1,250,000 -7.4% --
07/29/2024 07/29/24 Price Changed $1,350,000 -3.6% --
06/12/2024 06/12/24 Price Changed $1,400,000 0.0% --
06/12/2024 06/12/24 For Sale $1,400,000 +12.0% --
06/03/2024 06/03/24 Sold $1,250,000 -10.7% --
04/01/2024 04/01/24 Price Changed $1,400,000 -6.7% --
09/07/2023 09/07/23 Price Changed $1,500,000 -11.0% --
08/28/2023 08/28/23 Price Changed $1,685,000 -0.3% --
05/11/2023 05/11/23 Price Changed $1,690,000 -0.6% --
01/27/2023 01/27/23 For Sale $1,700,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6512997

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Mesa 85205 Central Mesa East

5950 E Adobe Rd, Mesa, AZ

This home is located at 5950 E Adobe Rd, Mesa, AZ 85205 and is currently priced at $1,125,000. 5950 E Adobe Rd is a home located in Maricopa County with nearby schools including Mendoza Elementary School, Franklin at Brimhall Elementary School, and Franklin West Elementary School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Rob Hale
Listing Agent
Rob Hale
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My Home Group Real Estate
(623) 343-0849