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1940 E University Dr, Mesa, AZ 85203 Property Records

Maricopa County property record for 1940 E University Dr, Mesa, AZ 85203

Property Summary

Property TypeRegional Shopping Center, Mall
Details13,618 sqft · built 2004
Lot Size0.78 acres (33,971 sqft)
OwnerCompany Name on Record
Last Sale$7,000,000 (Aug 2022)
Tax Bill$28,998 (2025)
Deeds & MortgagesAug 2022 Sale
Flood ZoneZone X (moderate risk)
APN137-01-221

Property Details

APN / Parcel Number

Primary APN137-01-221
Alternative APN
  • 137012211

Interior

Units2 Units
Stories1 Story
Building Area13,618 sqft Gross Area
1st Floor Area13,618 sqft

Exterior

Year BuiltBuilt 2004
Effective Year BuiltEffective 2004
Exterior MaterialCombination
Construction TypeTilt-Up Concrete
Fire ResistanceMasonry Walls, Wood Interior
Lot Area33,971 sqft (0.78 acres)
View / LotTraffic
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemPackage A/C
Heating SystemHVAC
SewerMunicipal

Location & Zoning

Street Address1940 E UNIVERSITY DR
CityMESA
StateAZ
Zip85203-8234
Property CategoryCommercial
Property TypeCommercial > Retail > Regional Shopping Center, Mall
Local Zoning CodeC-G
Legal DescriptionS 255F OF E 255F OF SE4 EX E 55F & S 55F TH/OF & EX R/W P/F 02-1310425
Legal Range5E
Legal Township1N
Legal Section13
Legal SubdivisionCOURY ESTATES UNIT 4 LOT 192-205 258-271
JurisdictionMARICOPA AZ
Township / Civil DivisionPHOENIX
Census Block Group1
Census Block1014
Census Tract420800

Owner

Source: Maricopa County records, as of April 10, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1450 E INDIAN SCHOOL RD, 104, PHOENIX, AZ 85014-4954
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 10, 2022 · Amount on Record
Deed SaleAug 10, 2022 · Amount on Record
Prior SaleMar 16, 2006 · Amount on Record
Deed Document Number2022634184
Prior Transfer DateMar 15, 2006
Prior Transfer Doc0000358237
Record UpdatedOct 29, 2026

August 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionMARICOPA AZ
Recording DateAug 10, 2022
Property Address1940 E UNIVERSITY DR, MESA, AZ 85203-8234
Document Number0000634184
Instrument DateAug 10, 2022
Instrument20220634184
Transaction TypeTransfer
Record UpdatedNov 21, 2025
Title CompanyLANDMARK TITLE ASSURANCE AGENCY, LANDMARK TTL ASSURANCE AGCY

Transaction

AmountAmount Recorded
Tax$0.00
Amount AccuracyVerified / From Affidavit
Additional
  • Notice of Trustee Sale
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address9101 ALTA DR UNIT 1801, 1801, LAS VEGAS, NV 89145-8546

Transferred To (Grantee/Buyer)

NameVerified Name
Address1450 E INDIAN SCHOOL RD STE 104, 104, PHOENIX, AZ 85014-4954

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityMesa City
Unified School DistrictMesa Unified District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$340,100 (+15.71%)$2,194,194 (-4.6%) Land $536,700 Building $1,657,494
2025$28,998.00 (-6.17%)$293,930 (-24.86%)$2,300,071 (-2.98%) Land $630,000 Building $1,670,071
2024$391,168$2,370,713 Land $630,000 Building $1,740,713
2023$30,905.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AH, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 11 policies
Community Rating SystemClass 10 (0% premium discount)
Nearby Flood Policies11 in force
Nearby Flood Claims3 (2005–2014)
Most Recent ClaimSep 2014 · Severe Storms And Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MESA
serves 466,000 people · EPA ID AZ0407095
Water SourceSurface water
Last State InspectionNov 2024
Lead5 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting24
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 646 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless		5,000 / 5,000
Cox Communications
Cable		2,000 / 500
Tristate Wi-Fi by Wi-Fiber
Fixed Wireless		400 / 400
CenturyLink
DSL · Fiber in parts of the area		140 / 20

May also be available: GeoLinks, Verizon.

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