202 Elliot Rd & Loop, Gilbert, AZ 85234
This exceptional 0.18-acre commercial land parcel presents a unique investment opportunity in Gilbert, Arizona. Strategically located at the northwest corner of Elliot Road and Loop 202, this property benefits from its prime position within the thriving Elliot Tech Corridor, home to major tech giants such as Apple, Facebook, Google, and Amazon. All site work has been completed, eliminating significant pre-development costs and expediting the construction process. The high traffic volume and strong household incomes in the immediate vicinity ensure a robust market for any development. The property enjoys convenient access to the SanTan 202 freeway, just half a mile away, providing seamless connectivity to the broader Phoenix metropolitan area. Furthermore, its proximity to Eastmark, a master-planned community encompassing 15,000 homes, guarantees a substantial and growing customer base. The location also offers easy access to major highways and is situated conveniently north of the Phoenix-Mesa Gateway Airport, which serves 1.5 million travelers annually, further enhancing its appeal and potential for growth. This ready-to-develop lot offers an unparalleled chance to capitalize on the explosive growth and economic vitality of this dynamic area. The property is located in Maricopa County, Arizona, with a Gilbert zip code of 85234.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.