2 months on rocket

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

$750,000

1.22 Acres
Land
Schools Nearby

Location

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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
  • 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: $750,000
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Housing Market Comparison

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

Med. Sold Price

$448.2K

Med. Price/SqFt

$266

Avg. Days On Market

50

# of Sold Homes

569

1240 N Recker Rd Unit 5 vs Mesa

87 DAYS ON ROCKET

+37 Days

$750,000

+$301.7K More

KEY TAKEAWAY

This property is $301.7K 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: 5/6/2024, 12:55:36 AM 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

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-6784724
6
/10
  • Mendoza Elementary School

  • 5831 E Mclellan Rd

  • 0.51 miles

  • Public District Grades PK-6

school-card-donut-6784725
9
/10
  • Franklin At Brimhall Elementary School

  • 4949 E Southern Ave

  • 3.43 miles

  • Public District Grades KG-6

school-card-donut-6784726
9
/10
  • Franklin Elementary School

  • 1753 E 8th Ave

  • 5.97 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6784727
5
/10
  • Shepherd Junior High School

  • 1407 N Alta Mesa Dr

  • 0.40 miles

  • Public District Grades 7-8

school-card-donut-6784728
9
/10
  • Mesa Academy For Advanced Studies

  • 6919 E Brown Rd

  • 1.15 miles

  • Public District Grades 4-9

school-card-donut-6784729
10
/10
  • Franklin Junior High School

  • 4949 E Southern Ave

  • 3.43 miles

  • Public District Grades 7-9

High School

school-card-donut-6784730
6
/10
  • Red Mountain High School

  • 7301 E Brown Rd

  • 1.58 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. Typical income of Mesa, AZ residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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 $750,000.

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 9/10
Franklin Elementary School: GreatSchools Rating 9/10
Shepherd Junior High School: GreatSchools Rating 5/10
Mesa Academy For Advanced Studies: GreatSchools Rating 9/10
Franklin Junior High School: GreatSchools Rating 10/10
Red Mountain High School: GreatSchools Rating 6/10

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 $750,000.

In April 2024 more than 114 listings in Mesa, AZ were sold above the asking price. During the same period more than 189 listings were sold at asking price, while more than 266 were sold below. The inventory of homes for sale in Mesa, AZ between March 2024 and April 2024 decreased by 2.5%. While the average time on the market in April 2024 was 50 days, the median list price was $448,236.

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

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