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Property profile & analytics
OFF-MARKET
Office Spaces

15256 Melrose St Gilbert, AZ 85297

20,000 SF 1.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.25-acre parcel in Gilbert, Arizona, presents a remarkable opportunity for medical development. Located in Maricopa County, at 15256 E Melrose St, zip code 85297, this property boasts a Business Park (BP) zoning designation, making it ideal for a variety of medical uses. The lot is improved with utilities readily available at the lot line, simplifying the development process. The site offers flexible delivery options and is situated in a thriving healthcare hub, just one block south of the Loop 202 San Tan Freeway, providing convenient access and high visibility. The total buildable square footage is 20,000 square feet, suitable for a two-story medical office building. This location benefits from scenic mountain views and is surrounded by numerous medical facilities, including Mercy Gilbert Medical Center, Ironwood Women’s Centers, and Southwest Kidney Institute, ensuring a strong patient base and synergistic environment. The property's strategic location and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for medical services in this dynamic area. Contact us today to discuss pricing and explore the possibilities of this exceptional development opportunity.

Property profile
Verified
Property type Office Spaces
Total area 20,000 SF
Lot 1.25 ac (54,450 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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