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    3061 E Ray Rd Gilbert, AZ 85296

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    For Lease
    Contact for pricing

    Retail space with dedicated parking in a vibrant community.

    Property size:
    2,147 SF
    Lot size:
    13.21 Acres

    Property Features for 3061 E Ray Rd

    General Information

    Size
    2,147 SF
    Lot size
    13.21 Acres

    Source: Phoenix Commercial Advisors Agent Courtney Auther Van Loo

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

    Overview

    Retail Space in Active Courtyard

    This retail space, encompassing 2,147 square feet, is situated within an active courtyard. The location benefits from its proximity to 276 multifamily units on-site and offers approximately 280 dedicated retail parking spaces. Positioned north of Ray Road, near Agritopia and Epicenter at Agritopia, the property provides convenient access to the Loop 202 and other areas within the East Valley. The surrounding area has a substantial population of 727,355 people within a 15-minute drive. The average household income within a 5-mile radius is $131,093. Recreation and sports complexes, including Legacy/Bell Bank, Cactus Yards, and Gilbert Community Park, are located within a 10-minute drive.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7231363
    Latitude
    33.3200965

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    FAQs

    What type of property is this?
    Retail space - Retail space with dedicated parking in a vibrant community.
    Where is this retail space located?
    The property is located at 3061 E Ray Rd Gilbert, AZ.
    What are key features of this property?
    This property features: - High Average Household Income: $131,093 within a 5-mile radius.; - High Traffic Area: 727,355 people within a 15-minute drive.; - 276 Multifamily Units On-Site: Creates built-in customer base.
    (480) 223-7729
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    3061 E Ray Rd Gilbert, AZ 85296
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    Gilbert, AZ 85296
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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
    3061 E Ray Rd Gilbert, AZ 85296
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