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    Elliot Rd & Loop 202 – Cor Gilbert, AZ 85234

    Sponsored
    For Lease
    Contact for pricing

    High-traffic corner lot, two spaces available.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.18-acre commercial land parcel is situated at the highly visible northwest corner of Elliot Road and Loop 202 in Gilbert, Arizona. Zoned for retail use, this property presents a unique investment opportunity for developers or businesses seeking a prime location with significant exposure. The site offers two available spaces, ideal for a variety of retail concepts. Its strategic location at a major intersection ensures high traffic volume and excellent visibility, making it an attractive proposition for businesses aiming to maximize their market reach. Located in Maricopa County, with a zip code of 85234, this property benefits from the robust economic growth and thriving retail environment of Gilbert. The land's size provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. This is a rare opportunity to acquire a highly desirable retail property in a rapidly expanding area of Arizona. The property is currently available for lease. Serious inquiries are encouraged to explore the potential of this exceptional location.

    Property Features for 0 Elliot Rd & Loop 202 – Cor

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Pad 2
    Size
    0 SF
    Space
    Available Pad 1
    Size
    0 SF

    HighLights

    • Prime location in the Elliot Tech Corridor (Apple, Facebook, Google, Amazon).
    • Fully improved site.
    • High traffic counts and strong demographics.
    • 0.5 miles from SanTan Freeway (SR 202).
    • Adjacent to the 15,000‑home Eastmark master‑planned community.
    • Excellent highway access and proximity to Phoenix‑Mesa Gateway Airport (1.5 million annual passengers).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7857228
    Latitude
    33.3502765

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, two spaces available.
    Where is this land located?
    The property is located at Elliot Rd & Loop 202 – Cor Gilbert, AZ.
    What are key features of this property?
    This property features: Prime location in the Elliot Tech Corridor (Apple, Facebook, Google, Amazon).; Fully improved site.; High traffic counts and strong demographics.
    Request Owner's contact information
    Elliot Rd & Loop 202 – Cor Gilbert, AZ 85234
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    Gilbert, AZ 85234
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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
    Elliot Rd & Loop 202 – Cor Gilbert, AZ 85234
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