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    49 S Higley Rd Gilbert, AZ 85296

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    For Lease
    Contact for pricing

    Retail space in Basha’s Grocery anchored Lakeview Village.

    Property size:
    4,731 SF
    Lot size:
    1.07 Acres

    Property Features for 49 S Higley Rd

    General Information

    Size
    4,731 SF
    Lot size
    1.07 Acres

    Source: SRS Real Estate Partners | Phoenix Agent Alan Houston

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

    Overview

    Retail Space in Morrison Ranch

    Located in the heart of Morrison Ranch, a 3,000-acre master-planned community, this retail space is situated in Lakeview Village, anchored by Basha’s Grocery. The property is conveniently located 1.5 miles north of the Loop 202 Freeway and 2.5 miles south of the US 60 Freeway. The surrounding area has a dense population with an average household income of over $190,000 within a 1-mile radius and over $132,000 within a 3-mile radius. Over 50% of residents in the area have post-high school degrees. The property offers 4,731 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    212 icecream. Ice Cream Shop

    Suggested Use

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

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

    Similar Places Nearby

    Lakeview Village

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7207948
    Latitude
    33.3494025

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    FAQs

    What type of property is this?
    Shopping center - Retail space in Basha’s Grocery anchored Lakeview Village.
    Where is this shopping center located?
    The property is located at 49 S Higley Rd Gilbert, AZ.
    What are key features of this property?
    This property features: - High Average Household Income: Over $190,000 within 1 mile.; - Location within Morrison Ranch: A 3,000-acre master-planned community.; - Anchored by Basha's Grocery: Provides consistent customer traffic.
    (602) 377-7915
    Request Owner's contact information
    49 S Higley 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
    49 S Higley Rd Gilbert, AZ 85296
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