1550 E UNIVERSITY Drive L1,2,3, Mesa, AZ 85203, Mesa AZ 85203
Exceptional opportunity to own a versatile commercial building featuring three separate office suites, each with its own private bathroom. This well-maintained property includes a 645 sq ft office on L1, a spacious 721 sq ft suite on L2, and a 632 sq ft office on L3. Each unit is self-contained—ideal for owner-users, investors, or those seeking a flexible multi-tenant setup. Whether you're looking to occupy one space and lease the others, or secure a fully leased investment, this property offers endless potential in a prime location.
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Mesa
This property is offered at $175 per square foot, compared with a $8 median for active listings without a reported bedroom count in Mesa. Its asking price falls near the 55th percentile of that active group. The comparison uses 151 active or publicly marketable listings from the same local MLS source, filtered to records without a reported bedroom count.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $417,500, and the median is $292 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 331 N HUNT Drive N, Mesa, AZ 85203 | Jun 2, 2026 | 4 bd · 1,776 sqft | $425,000 | 0.1 mi |
| 1505 E 3RD Place, Mesa, AZ 85203 | Apr 23, 2026 | 3 bd · 1,475 sqft | $415,000 | 0.1 mi |
| 536 N HALL, Mesa, AZ 85203 | Aug 17, 2026 | 9 bd | $530,000 | 0.2 mi |
| 338 N HALL, Mesa, AZ 85203 | Jul 30, 2026 | 3 bd · 1,230 sqft | $415,000 | 0.2 mi |
| 1423 E 3rd Street, Mesa, AZ 85203 | Jun 18, 2026 | 3 bd · 3,071 sqft | $675,000 | 0.2 mi |
| 1466 E 2ND Street, Mesa, AZ 85203 | Jun 19, 2026 | 3 bd · 1,267 sqft | $370,000 | 0.3 mi |
| 155 N HUNT Drive W, Mesa, AZ 85203 | Aug 3, 2026 | 3 bd · 1,020 sqft | $310,000 | 0.3 mi |
| 1823 E BROOKDALE Street, Mesa, AZ 85203 | Sep 11, 2026 | 3 bd · 1,256 sqft | $420,000 | 0.3 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $350,000 · Active
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