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    53 N Val Vista Dr Gilbert, AZ 85234

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    For Sale
    $3,000,000

    Retail center with long-term tenants and professional management.

    Property size:
    11,400 SF
    Lot size:
    1.46 Acres

    Property Features for 53 N Val Vista Dr

    General Information

    Size
    11,400 SF
    Lot size
    1.46 Acres

    Source: North Bay Commercial Real Estate Agent Dale Dockins

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

    Overview

    Retail Center with Stable Tenants

    This retail center features 7 tenants, primarily service-oriented businesses, many of whom have been long-term occupants. The lease agreements are structured as NNN, providing financial stability for the ownership. The property has been under professional management by the same company since 2006. The property has 11,400 square feet of retail space and provides 52 parking spaces, a ratio of 4.59 spaces per 1,000 square feet. The property is located in Gilbert, AZ.
    Insight Report Location Intelligence

    Current Use by Public Records

    All Things Embroidered Embroidery Shop Hunberto's Mexican Food Mexican Restaurant Coffee Rush Coffee Shop Diamondback Cleaners Dry Cleaner Elite Salon Day ... Nail Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Val Vista Marketplace, Elliot ranch Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7550756
    Latitude
    33.3513767

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    FAQs

    What type of property is this?
    Shopping center - Retail center with long-term tenants and professional management.
    Where is this shopping center located?
    The property is located at 53 N Val Vista Dr Gilbert, AZ.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Stable income stream from NNN leases; - Long-term tenants indicate a successful business location; - Proven resilience during financial crises and COVID
    (707) 521-3500
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    53 N Val Vista Dr Gilbert, AZ 85234
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    Gilbert, AZ 85234
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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
    53 N Val Vista Dr Gilbert, AZ 85234
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