Industrial

Property in Unknown, XX

Longbow Parkway Lot 2, Mesa, AZ 85205

Price

$4,183,720

Price/Sq Ft

$2.00

Description

±10.11 Acres for Sale Longbow Business Park & Golf Course ±10.11 acres of land Currently zoned LI (Light Industrial) Divisible Full diamond interchanges at Recker Rd and Higley Rd All utilities - street frontage (water, sewer, power, natural gas & telecom conduit Common Drainage Facility onto Longbow Golf Course @ $2/PSF 20 minute drive from Phoenix Sky Harbor Airport & Phoenix Mesa Gateway Freeway monument sign potential Views of Red Mountain, McDowell & Superstition Mountains from site Opportunity Zone Sale Price: $9.50/SF

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

Longbow Parkway Lot 2, Mesa, AZ 85205

Leaflet © OpenStreetMap contributors

Market Context

This industrial in Mesa, AZ is listed for sale at $4,183,720. It has been on the market for 147 days.

As of Q1 2026, the Phoenix industrial market showed a 11.9% vacancy rate, average asking rents near $13.08/SF/yr, and rents up 14.4% year over year. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$13.08–$13.53/SF/yr

Estimated sale value

$143–$181/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.8%, asking rent trend-adjusted to today).

View the full Phoenix Industrial market report →

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other industrial listings for sale in Mesa, AZ to benchmark pricing and space — view the full market.

Industrial market FAQ

Is the Phoenix industrial market tightening or softening?: Vacancy is around 11.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$6.88/SF-$9.30/SF

Mid: $8.09/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallbackFIPS 04013

Low Confidence

Avg Rent ($/SF/yr) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.