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    OFF-MARKET
    Land

    202 Elliot Rd & Loop, Gilbert, AZ 85234

    0.18 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.18 ac (7,841 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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