Property profile

1035 Gilbert Rd Tempe, AZ 85281

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 255,473 square foot commercial land parcel presents a compelling redevelopment opportunity in the thriving city of Tempe, Arizona. Located at 1035 E Curry Rd & 1050 E Gilbert Rd, this expansive site is situated in Maricopa County, zip code 85281, offering unparalleled potential for a variety of commercial ventures. The property's substantial size allows for significant development flexibility, catering to large-scale projects. Its strategic location within Tempe provides easy access to major transportation arteries, ensuring excellent connectivity and visibility. The asking price for this prime piece of real estate is $11,100,000. This represents a significant investment opportunity in a rapidly growing area, ideal for developers seeking to capitalize on Tempe's dynamic economic landscape. The property is designated as commercial land, providing a clear path for various development possibilities. Given its size and location, this property is well-suited for a wide range of commercial uses, making it an attractive proposition for discerning investors and developers. The coordinates for this property are latitude 33.4195602 and longitude -111.9462873. This Tempe location offers a unique chance to build a landmark commercial development.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1035 Gilbert Rd Tempe, AZ 85281
Tempe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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