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Property profile & analytics
OFF-MARKET
Parking lots & garages
2314 Val Vis Dr, Gilbert, AZ 85295-5570
Entity Owned
Free & Clear
Property ID
US07-1389665
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
2007
Construction
CONCRETE
Total area
45,126 SF
Lot
6.54 ac (285,071 SF)
Zoning code
SC
APN
304-42-839
UPID
US07-1389665
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sean G. Lusk (NMLS #626150) Loan Service Bank
-
Chris Davis Mortgage Broker Loan Service Bank
-
McDonald Mortgage Professionals Loan Service Bank
-
LowRate Mortgage Loan Service Bank
-
Crystal Tello Home Lending LLC Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
K & L Holdings LLC
K & L Holdings LLC
since 2026
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
SC · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$207,624
Tax year 2023
Assessed value
$3,671,593
Assessed 2024
Previous assessed
$3,742,091
-1.9% YoY
Effective rate
5.65%
On assessed value
Land market value
$6,343,100
Improvement market value
$15,908,981
Total market value
$22,252,081
Applied tax rate
410,609.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
NONE
Buildings
7
Stories
1
Units
7
Total area
45,126 SF
Lot
6.54 ac (285,071 SF)
Zoning code
SC
APN
304-42-839
UPID
US07-1389665
Jurisdiction
MARICOPA
Zoning & alternative use
SC · Gilbert, AZ
Zoning SC · permitted uses
SC · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
7
Units
7
Lot
6.54 ac
Current owner
From public records · entity-resolved
K & L Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
318 W ADAMS ST STE #2000, CHICAGO, IL 60606-5148
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
$1,544,000
K & L Holdings LLC
1530 Piedmont LLC
Special Warranty Deed
—
Feb 28, 2025
—
Beacon Southern Investors LLC
Gilbert At Forum I LLC
Special Warranty Deed
—
Feb 28, 2025
$23,475,000
1530 Piedmont LLC
Forum At Gilbert I LLC
Special Warranty Deed
$17,500,000 · Enterprise Bank & Trust
Nov 22, 2019
$20,480,000
Forum At Gilbert 1 LLC
Ew Williams Field Associ
Trustees Deed
$14,336,000 · Bellco Cu
Mar 4, 2015
$8,909,875
Ew Williams Field Associates LLC
Fnbn Forum LLC
Special Warranty Deed
$9,671,000 · Western Alliance Bank
Jun 24, 2011
$4,000,000
Fnbn Forum LLC
Williams,craig K
Trustees Deed
—
Apr 30, 2007
—
Forum At Gilbert Ranch LP
Owner Name Unavailable
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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