Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Pads Near SanTan Mall Title is generated by Realmo AI

    NEC Williams Field Rd & Loop 202 Freeway, Gilbert, AZ 85295

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land for sale near SanTan Mall, Gilbert, Arizona.

    Type:Land
    Property size:
    2 SF
    Added:
    Nov 25, 2025
    Days on Market:
    180
    Last Refresh:
    Apr 5 at 8:27 pm

    Property Features for NEC Williams Field Rd & Loop 202 Freeway

    General Information

    Standard status
    Active
    Size
    2 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    Trent Rustan
    Trent Rustan

    Listing agent Trent Rustan License #BR032175000

    Listing office Commercial Properties Inc

    Listing date Nov 25, 2025

    Source Corfac

    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 Commercial Properties Inc

    HighLights

    • High visibility location at freeway onramp intersection.
    • Located next to SanTan Mall.
    • High traffic volume: 58,084 VPD on Loop 202.
    • Suitable for retail, restaurant, medical, or office users.
    • Traffic volume: 29,789 VPD on Williams Field Rd.
    • Commercial PAD(s) available for sale.

    Overview

    Commercial pads are available for sale near the SanTan Mall, located at the northeast corner of Williams Field Road and Loop 202 Freeway in Gilbert, Arizona. The location is suitable for retail, restaurant, medical, or office users. The property benefits from high visibility at a freeway onramp intersection within a busy mall area. Traffic counts are 58,084 vehicles per day on Loop 202 and 29,789 vehicles per day on Williams Field Road. The property size is 2 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.716
    Latitude
    33.3042

    Nearby Similar for Sale

    • $100,000
      1,351 SF

      Established Ice Cream Shop Opportunity

      Turnkey ice cream shop with modern build-out and equipment.
      Power Rd, Gilbert, AZ 85295
      View Details
    • $1,395,000

      Prime Vacant Lot in Gilbert

      Large 1.68 acre lot in a prime location.
      E Baseline Road, Gilbert, AZ 85234
      View Details
    • $1,000,000

      Land with San Tan Views

      Exceptional lot in gated Gilbert community with mountain views.
      6259 S BRETT Court, Gilbert, AZ 85298
      View Details
    • $2,000,000

      Premium Homesite in Gated Community

      Large homesite in premier Gilbert gated community, build-ready.
      2595 E BLUE SAGE Road, Gilbert, AZ 85297
      View Details
    • $945,000

      Residential Lot in Circle G

      Build-ready lot in prestigious Circle G at Ocotillo community.
      2134 E AVENIDA DEL VALLE Court, Gilbert, AZ 85298
      View Details
    • $799,000

      Residential Land in Gilbert, Arizona

      1.11-acre lot for a custom dream home in Gilbert.
      21426 S 156TH Lot C Street, Gilbert, AZ 85298
      View Details
    • $675,000

      Professional Office Condo For Sale

      Office condo near US-60 and Dana Park Village Square.
      1757 E Baseline Rd, Bldg 9, Ste 135, 136, Gilbert, AZ 85233
      View Details
    • $1,750,000

      Gilbert Land Ready For Building

      Corner lot in Gilbert, builder-ready, rare opportunity.
      16205 E FAIRVIEW Street, Gilbert, AZ 85295
      View Details
    • $6,651,924
      16,369 SF

      Gilbert Medical Office Investment Opportunity

      Single-tenant medical office building fully leased to Soar Autism Center.
      2314 S Val Vista Dr, Gilbert, AZ 85295
      View Details
    • $6,651,924
      16,369 SF

      Gilbert Medical Office Investment Opportunity

      Single-tenant medical office building fully leased to Soar Autism Center.
      2314 S Val Vista Dr, Gilbert, AZ 85295
      View Details
    • $649,900

      Nearly 1-Acre Parcel in Gilbert

      Dream custom home site in a sought-after Gilbert location.
      17419 E STONE CREST Drive, Gilbert, AZ 85298
      View Details
    • $29

      Retail Space in Gilbert Center

      Retail space or build-to-suit opportunity in Gilbert, Arizona.
      4024 E Guadalupe Rd, Gilbert, AZ 85234
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale near SanTan Mall, Gilbert, Arizona.
    Where is this commercial land located?
    The property is located at NEC Williams Field Rd & Loop 202 Freeway Gilbert, AZ.
    What are key features of this property?
    This property features: High visibility location at freeway onramp intersection.; Located next to SanTan Mall.; High traffic volume: 58,084 VPD on Loop 202.
    (480) 966-5155
    We can help!
    Listing Contact
    Trent Rustan
    Trent Rustan
    Real Estate License ID: BR032175000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    NEC Williams Field Rd & Loop 202 Freeway, Gilbert, AZ 85295
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!