Property profile

3150 Ray Rd Gilbert, AZ 85296

OFF-MARKET
Retail space
Property ID
US07-1558402
41,632 SF 1.15 ac lot Built 2021
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Total area 41,632 SF
Lot 1.15 ac (49,958 SF)
APN 313-12-923
UPID US07-1558402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Electric Vehicle Charging Station

Location

3150 Ray Rd Gilbert, AZ 85296-1198
Gilbert metro Census 814700 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$25.21M
Blend (final) Blend
$22.84M

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $33.4M +118.6%
Restaurant $22.9M +49.6%
Auto repair, garage $18.5M +20.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3150 Ray Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message