Financial
Distress signals
Property profile

2075 Obispo Ave Gilbert, AZ 85233

OFF-MARKET
Flex space
Property ID
US07-0412612
111,343 SF 10.5 ac lot Built 1999
Last sale Feb 2024 · $29,865,488
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial facility with 40,415 square feet of space available within a larger 110,975 square foot building. The layout includes approximately 2,496 square feet of office area and a warehouse height of 30 feet clear, designed to be ESFR capable. Loading features include six dock-high doors and one grade-level door. The building is zoned light-industrial (LI). Column spacing is configured in both 56’ x 50’ and 50’ x 50’ grid layouts. The property provides 87 auto parking spaces, with potential for expansion.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$169k
Tax billed · 2023
Assessed value · 2024$4.91M
Effective rate3.44%

Value estimate

· Sep 2026
$29.87M
$26.88M – $32.85M
AI approach$29.87M
Sales comparison$21.91M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$57 – $197
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
The intent of the Light Industrial zoning district is to provide for wholesale and warehousing uses as well as those manufacturing uses t...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm28.7
Realty agency27.6
Restaurant24.7

Location

2075 Obispo Ave Gilbert, AZ 85233-3411
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
779 Colorado, Gilbert, AZ 85233-3402 $8,650,000 Sep 2024 48,166 SF
1495 Baseline, Gilbert, AZ 85233-1247 $16,000,000 Jun 2024 109,655 SF
120 Mcqueen, Gilbert, AZ 85233 $23,200,000 Jun 2021 135,708 SF
1773 Elliot, Gilbert, AZ 85233-5024 $43,100,000 May 2021 117,058 SF
1405 Fiesta, Gilbert, AZ 85233-1021 $5,500,000 Mar 2020 70,778 SF
1145 Gary, Gilbert, AZ 85233-1947 $6,563,952 Dec 2019 49,324 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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