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    105 N Pasadena St Gilbert, AZ 85233

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    For Sale
    $3,200,000

    11,424 SF warehouse in Gilbert, Arizona, for sale.

    Property size:
    11,424 SF
    Lot size:
    0.90 Acres

    Property Features for 105 N Pasadena St

    General Information

    Size
    11,424 SF
    Lot size
    0.90 Acres

    Source: LevRose Commercial Real Estate Agent Aaron Norwood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gilbert Warehouse with Leaseback Option

    This 11,424 square foot warehouse property is located in Gilbert, Arizona. It features two 12-foot grade-level doors and clear heights of 16 to 18 feet. The property includes efficient office space with high ceilings and is built for easily demised second suite. It also benefits from heavy power and a fenced and gated yard. The seller offers a leaseback option for up to five years, with a one-year leaseback available. The investment cap rate is 5.89%. The seller will leaseback or vacate.
    Insight Report Location Intelligence

    Current Use by Public Records

    KELSEY JEWELL Family Practice Physician Stepwell Medical Medical Equipment Supplier Centrix Health Resources Home Health Care Service Sunrise Health & Hospice Home Health Care Service GAP Care Solutions Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Public Storage, Contractor Storage Yards, Sunrise Business Park, Always Professional In Moving, Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8273368
    Latitude
    33.3520362

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    FAQs

    What type of property is this?
    Warehouse - 11,424 SF warehouse in Gilbert, Arizona, for sale.
    Where is this warehouse located?
    The property is located at 105 N Pasadena St Gilbert, AZ.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Investment Cap Rate: **5.89%**; - Leaseback available for up to 5 years; - Features Two **12’ Grade Level Doors**
    (480) 510-1353
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    105 N Pasadena St Gilbert, AZ 85233
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    Gilbert, AZ 85233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 N Pasadena St Gilbert, AZ 85233
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