Property profile

1188 Gilbert Rd Gilbert, AZ 85234

OFF-MARKET
Auto shops
Property ID
US07-1014594
1,290 SF 0.38 ac lot Built 1996
Entity Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1996
Construction CONCRETE
Total area 1,290 SF
Lot 0.38 ac (16,640 SF)
Zoning code CC
APN 302-13-327C
UPID US07-1014594

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1188 Gilbert Rd Gilbert, AZ 85234-3390
Gilbert metro Census 422308 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$857k
Blend (final) Blend
$835k

Owner & transaction history

since 2002
6 recorded transactions
2019
Price N/A
2011
Price N/A
2004
Price N/A
2002
Price N/A
2002
$1.5M
1969
Price N/A

Zoning & alternative use

CC · Gilbert, AZ
Zoning description

The purpose of Community Commercial zoning is to allow the integration of less intense small to medium scale businesses within proximity of neighborhoods. The uses permitted within CC are limited in size and scale and ar…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.0M +80.8%

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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