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    1315 S Gilbert Rd Mesa, AZ 85204

    For Sale
    $3,100,000

    Restaurant and retail property for sale in Mesa, Arizona.

    Property size:
    11,000 SF
    Lot size:
    1.13 Acres

    Property Features for 1315 S Gilbert Rd

    General Information

    Size
    11,000 SF
    Lot size
    1.13 Acres

    Source: LevRose Commercial Real Estate Agent Sean Lieb

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

    Overview

    Restaurant and Retail Space Available

    This property offers a suitable space for an owner-user, featuring a high ceiling and roll-up door access. Multiple walk-in coolers are present. The property includes a restaurant occupying approximately 3,300 square feet, which will be subject to a long-term leaseback agreement. The total property size is 11,000 square feet and is suitable for restaurants and retail businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    India Oven Indian Restaurant Tableland Village II Shopping Mall

    Suggested Use

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

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

    Similar Places Nearby

    Catertainment, Bartender Phoenix AZ, Just Catering, The Taco Spot Food Truck Mexican Food Catering, Gilded Grub

    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7877099
    Latitude
    33.3914965

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    FAQs

    What type of property is this?
    Restaurant - Restaurant and retail property for sale in Mesa, Arizona.
    Where is this restaurant located?
    The property is located at 1315 S Gilbert Rd Mesa, AZ.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Existing restaurant in place with a long-term lease back.; - ±3,300 SF restaurant space.; - High ceiling.
    (602) 376-9797
    Request Owner's contact information
    1315 S Gilbert Rd Mesa, AZ 85204
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    Mesa, AZ 85204
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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
    1315 S Gilbert Rd Mesa, AZ 85204
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