Elevated Multi-Lot Development Site with Panoramic Views OFF
Mesa | AZ | Lehi district 3.7 ACRES
Multi-Family Development Opportunity 1920 N Consolidated Canal St | MESA | AZ | 85203
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Multi-Family Development Opportunity OFFERING PRICE: $2,895M Maricopa Assessor - Property Address: 1920 N Consolidated Canal St., MESA, 85203 City of Mesa - Property Address: 1009 E McKellips Rd, MESA, 85203
The LIFESTYLE Nestled in Mesa’s historic Lehi community, this location presents an exceptional blend of privacy, recreation, and convenience. Offering immediate access to the scenic Consolidated Canal Path, connecting miles of paved biking and walking trails. Park of the Canals sits just moments away, with its beautifully landscaped grounds and a tranquil desert botanical garden. Within minutes, residents can reach the McKellips dining district, boutique shops, and multiple grocery options. Top-rated neighborhood schools and effortless freeway access to Loop 202 make this an ideal setting for both convenience and lifestyle.
The VISION When considering the development of a new multi-family development, MESA was identified as the IDEAL location, for the many advantages the city offers. Upon discovering this specific property, a VISION was born. FOUR CONTIGUOUS LOTS, optimally located in Mesa’s strategic McKellips corridor – offering SWEEPING VIEWS. Developing a LIFESTYLE based residences became an INSPIRATION.
Investment Highlights
Preliminary development plans can be leveraged to fast track development Zoning allows for projects at 15 units per acre RARE Infill location with CANAL adjacency - long term asset value driver Proximity to MAJOR employers Proximity to Recreation, Education and Health Premium Views - Elevated Site; Built-In Demand, Built-In Value
Executive Summary
Four Contiguous LOTS 3,7 acres (G) / Approximate 164,256 sq. ft. Entitlement - Zoning (RM-2 PAD) Approved Asking price - $2,895 M Approx. $767k per Acre Room for strong returns once vertical costs and projected rents are modeled Preliminary Development Plans available for Westmount Estates - 30 units
Generally level & at grade with adjacent north/south properties.
Approx. 30 ft above the properties to the west and 10 ft below Canal grade to the east.
Property access via McKellips Road
6 lanes, concrete curbs, sidewalks & streetlights.
Utah Canal
Surrounded by Nature Canal-front boutique living
Consolidated Canal
Privacy, Buffering & Neighborhood Integration Naturally buffered from adjacent properties Surrounding canals Further enhanced by a 25-foot landscaped setback along all single-family zoned boundaries Reinforces privacy, minimizes off-site impacts, and supports favorable neighborhood integration An important consideration for entitlement certainty and long-term asset stability.
The dual-canal frontage (Consolidated & Utah Canals) provides: Built-in open space buffering Natural pedestrian and bike-path integration Strong appeal for high-end renters and lifestyle design Opportunity to create a differentiated product and achieve premium rents without additional land cost.
CANAL-Front Location: Design Advantage
A sought-after network of biking and walking trails.
Premium Location - Bordering Walking and Bike Paths
In-demand amenity - Enhances lease-up performance & supports rent premiums and growth potential.
Bordering the Canals - Extensive Trail System
ZONING and ENTITLEMENTS
3,77 acres - Zoning Approved RM-2 with PAD
Preliminary Development Plans Available Proposed 30-unit development
Maximum Density
15 dwelling units
Per net acre
Maximum Coverage
70 %
Lot coverage permitted
PAD
30 ft
Min separation between bldgs.
4 garage doors
Allowable adjacent doors per bldg.
3 garage spaces
Encroachment allowed into landscape yard
Quick access to Loop 202 and SR-87 Proximity to major employment corridors Strong school district
Minutes from Downtown Mesa Convenient distance to the McKellips retail district Close Proximity to Parks & Recreation
Premium Views Command Top-Tier Rents with Unobstructed, Market-Leading Views
Built-In Demand, Built-In Value
MAJOR EMPLOYERS
MAJOR EMPLOYERS & Schools
Lehi Elementary School - less than 2 miles away Kino Junior High School - less than 2 miles away Westwood High School - less than 4 miles away ASU - Herberger's Institute for Design & the Arts less than 4 miles
SCHOOLS
Diversified employment base, including education, healthcare, aerospace, manufacturing, logistics, and retail/technology Banner Health, Dignity Health Boeing Apache Helicopters Meta/Apple/Google Data Center Operations Amazon Fulfillment Center Arizona State University campuses
MESA: Some Basic Stats
A thoughtfully planned city positioned for ongoing growth. Highly organized, with compelling development upside.
MESA: A Rich Cultural Environment
Cultural Richness Mesa Convention Center - approx. 3,5 miles away Mesa Arts Center - approx. 4 miles away Idea (Children's) Museum - approx. 4 miles away Mesa City Hall - approx. 4 miles away Arizona Commemorative Air Force Museum - approx. 5 miles Arizona Museum of Natural History - approx. 4 miles away Restaurants and More - Mesa's Main Street 'Magnificent Mile'
MESA: A City Built for Play
Parks & Recreation: Park of the Canals - less than 1 mile away ; Whitman Park - less than 2 miles Briton Desert Botanical Garden- less than 1 mile away GOLF - Royal Palms Golf Course - approx. 1 mile away BASEBALL - Sloan Park - Chicago Cubs Spring-Training BASEBALL - Hohokam Stadium - Approx. 2 miles away BIKING/Walking - Immediate access to the South Canal Path
Mesa offers endless parks and outdoor activities , making it a magnet for active, sports-focused renters.
Preliminary Design Plans
Amenities & Lifestyle Positioning A curated amenity package supports a modern, lifestyle-driven community and enhances competitive positioning. Amenities include a fitness area, pool, and a dedicated playground with equipment. A pedestrian connection to the Consolidated Canal provides direct access to outdoor recreation and walkability, further differentiating the project and strengthening its appeal to residents and investors alike.
Site Planning & Architecture The development is designed to harmonize with the site’s contours, employing a terraced layout that steps down toward the west to maximize sight-lines and natural light. Buildings are intentionally limited to two stories, with a maximum height of 30 feet above grade, resulting in a low-density, human-scaled environment that enhances privacy and preserves views across the site. Carefully spaced structures allow vistas to open between buildings, extending visual corridors throughout the property. Unit Mix & Program The project features a balanced and market-driven residential program totaling 30 units, comprised of: 14 three-bedroom residences at approximately 1,559 SF 16 two-bedroom residences at approximately 1,340 SF This mix is designed to attract a broad renter/buyer demographic while optimizing efficiency, livability, and revenue potential.
Detailed Preliminary Plans Available for Viewing Upon Request
Preliminary Development Plans Available
Complete Preliminary Plans Available for Viewing Upon Request
Preliminary Site Plans
Available For Viewing Upon Request
Supplemental Information
Sewer Availability confirmed by Water Department - per City of Mesa on Dec. 9, 2025 - "Using the highest average daily flow per dwelling unit (256 gpd/du) from Table 4.1 in Section 411 of the COM Engineering and Design Standards, there is sufficient capacity in the sewer for the proposed development." There is existing 8" VCP sewer main in E McKellips Rd with an 8" stub to the site that may be connected to for sewer service. According to City of Mesa, water, gas, electricity are available to the site. Water - There is an existing 12" ACP water main on E McKellips with a 6" ACP main stub through the site on the east side that may be connected to for water supply. ALTA Report - 2017 - available upon request
Preliminary Grading and Drainage Plan Drainage Area Map Preliminary Roadway Profile Preliminary Utility Map Preliminary Sewer Profile Preliminary Sight Distance Analysis Preliminary Landscape Plan Typical Floor Plans Site Section Diagrams Site Elevation Drawings
Additional Site Documents
Ordinance 5654 - Confirmation of Re-Zoning Approval to RM-2 with PAD Rezoning Supporting Documents: Re-submittal Plans for the Rezoning Hearing Project Narrative, Preliminary Plans for: Grading, Drainage, Utility, Roadway Profile, Sewer Profile
Useful Links
Mesa Engineering & Design Standards MESA Development Codes, Ordinances, Regulations & Standards
Westmount Estates Multi-Family Development
This Development is associated with the following 4 parcels: Parcel 136-25-001A 47,645 sq ft Parcel 136-25-009 20,658 sq ft Parcel 136-25-012A 67,936 sq ft Pacel 136-25-006D 28,017 sq ft Total Estimated Lot(s): 164,256 sq ft Approx. Acreage - 3,76 acres The above information was obtained from the Maricopa Assessor's Website. It is the Buyer's responsibility to validate all information for accuracy.
Source: Maricopa County Assessor's Website
Aerial View from Maricopa Assessor Website Dated between 10/2024 - 12/2024 Aerials & Surrounding Area Reference - (For Informational Purposes Only) - The following visuals are intended to give a broad sense of the property’s location, topography, and neighborhood environment. While informative, they are not guaranteed for accuracy, and buyers are encouraged to confirm all information independently.
Floodplain Determination Per Maricopa County Website
Buyer acknowledges and agrees that Seller is conveying the land only, and that any preliminary plans, drawings, studies, or other materials provided by Seller (the “Preliminary Plans”) are offered solely as a courtesy for Buyer’s review. Seller makes no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of the Preliminary Plans, including but not limited to lot sizes, dimensions, site data, or any information that may differ from governmental or public records. Buyer is encouraged to verify all such information independently. During the Due Diligence Period, Buyer shall be solely responsible for conducting, at Buyer’s own expense, all inspections, investigations, analyses, and evaluations deemed necessary or appropriate to determine the condition, feasibility, and suitability of the Property for Buyer’s intended use. This includes, without limitation: Performing all desired physical, structural, environmental, and geo-technical inspections;
Making inquiries of and consulting with governmental agencies, including those responsible for planning, zoning, building, health, safety, and fire regulations; Consulting with Buyer’s selected architects, engineers, land-use professionals, lenders, insurers, and any other relevant advisors; Verifying all applicable easements, restrictions, zoning classifications, entitlements, building codes, and other governmental or regulatory requirements; Confirming any potential hazards, defects, non-conformities, or violations affecting the Property. Buyer acknowledges that all information contained in the materials provided—including the Preliminary Plans—is subject to Buyer’s independent review and verification, and Buyer shall not rely on Seller or Seller’s agents for the accuracy or completeness of such information. It is the sole responsibility of the Buyer to confirm all matters that are material to Buyer’s decision to purchase the Property and to satisfy itself as to the Property’s suitability for Buyer’s intended development.
Buyer Notification