Remodeled Executive Office
For Sale
Contact for pricing
3303 E BASELINE Road 107, Gilbert, AZ 85234
Compact workspace includes utilities, internet, a shared bathroom, and kitchen access.
Property Size3,610 SF
Price / SF$0.19
Days on Market47
Property Features for 3303 E BASELINE Road 107
General Information
Standard status
Active
Size
3,610 SF
Property subtype
Comm/Industry Lease
Additional Details
Utilities to Site
Yes
Amenities
internet
community bathroom
kitchen
Listing Agency:
Rise 24 Real Estate LLC
(480) 636-9896
Listed By:
Chantel Gutierrez-Davis · License #BR684490000
(480) 830-5695
Source:
Juliebradfeldt
Added: Sep 5
Changed: Oct 13
Last Checked: Oct 20 at 7:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rise 24 Real Estate LLC
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Investment Insights
Based on property information with market context.
This approximately 10-foot-by-10-foot office unit provides just over 100 square feet of workspace within Dana Park Executive Villas. The office and surrounding area were recently remodeled, creating a clean, bright setting for professional use.
Included features are utilities, internet service, access to a shared bathroom, and use of a kitchen. The property is located at 3303 E Baseline Road, Suite 107, in Gilbert, Arizona, providing a defined office setting within a multi-unit executive office property.
Included features are utilities, internet service, access to a shared bathroom, and use of a kitchen. The property is located at 3303 E Baseline Road, Suite 107, in Gilbert, Arizona, providing a defined office setting within a multi-unit executive office property.
Key Highlights
- Approximately 10 feet by 10 feet, with just over 100 square feet
- Recently remodeled office and surrounding area
- Utilities and internet included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,636
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,720
$1.1M
Cap Rate 7%
$751,943
$751.9K
Cap Rate 9%
$584,844
$584.8K
Market Conditions
NOI Build-Up for 3,610 SF
Gross rent
$87.1K $24.12/SF
− Vacancy
−$16.9K −$4.68/SF
EGI
$70.2K $19.44/SF
− OpEx
−$17.5K −$4.86/SF
NOI
$52.6K $14.58/SF
Area
Gilbert, AZ
Vacancy
19.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,720
Cap Rate 7%
$751,943
Cap Rate 9%
$584,844
Alternative Uses
Best Use
Office B
$751.9K
$658.0K – $877.3K
NOI $52,636 @ 7.0% cap · market cap 7,519.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$947.8K
$829.3K – $1.11M
NOI $66,347 @ 7.0% cap · market cap 9,478.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,144
Businesses Nearby
Explore this area
Business Placement
Demographics for 85234, AZ
51,051
Population
17,488
Households
2.9
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
4,290
Density / Sq Mi
$118,012
Median Household Income
$54,080
Median Earnings
$1,971
Median Rent
$488,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Compact workspace includes utilities, internet, a shared bathroom, and kitchen access.
Where is this office unit located?
The property is located at 3303 E BASELINE Road 107 Gilbert, AZ.
What are key features of this property?
This property features: Approximately 10 feet by 10 feet, with just over 100 square feet; Recently remodeled office and surrounding area; Utilities and internet included
