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    1315 S Gilbert Rd Mesa, AZ 85204
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    Property profile & analytics

    1315 S Gilbert Rd, Mesa, AZ 85204

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    • Retail space
    • 11,011 SF
    • 1.13 lot acres
    Restaurant and Retail Space Available For Sale
    $3,100,000
    11,000 SF

    Restaurant and Retail Space Available

    Restaurant and retail property for sale in Mesa, Arizona.

    1315 S Gilbert Rd, Mesa, AZ
    View Listing
    Property ID
    US07-1299649
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    4.9%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • India Oven / Restaurant
    • Tableland Village II / Shopping Center & Mall

    Property Details for 1315 S Gilbert Rd

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    1.13 lot acres
    Zone code
    LC
    Property type
    Retail space
    APN
    140-61-165
    APU
    14061165

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 7, 2022 $2,800,000 Svad Holdings LLC Guru Nanak Investments LLC Special Warranty Deed $2.2M · Western State Bank
    Apr 9, 2008 $1,700,000 Guru Nanak Investments LLC Sunrunner Properties LLC Special Warranty Deed $1M · Firstbank Of Arizona
    Mar 10, 2005 $1,307,500 Sunrunner Properties LLC River Run Thirteen LLC Special Warranty Deed $1.1M · M & I Marshall & Ilsley Bank
    Jul 30, 2004 — River Run Thirteen LLC Mbj Dev LLC Quit Claim Deed · related $720k · Sunrise Bank Arizona
    Nov 23, 1998 $450,000 Mbj Development LLC Dunn Edwards Corp Grant Deed $923k · Rocky Mountain Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,620,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,150,000
      6.5%
      $1,985,000
      7%
      $1,845,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,631,000
      Market price range: $1.34M - $5.09M
      AI Estimate
      $2,627,000
      Market price range: $1.34M - $5.09M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,885,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $3,430,000
      Change: +19% Conversion: Moderate
      MEDICAL BUILDING
      $2,885,000
      Change: -0% Conversion: Difficult
      OFFICE BUILDING
      $2,395,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mesa
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.788
    Latitude
    33.3915
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,419
    $0.00
    $0.00
    $333,863
    -
    $743,300
    $1,280,110
    $2,023,410

    Property Visit Statistics

    • Visits by month
      15.6k
    • Visitors by month
      11.9k
    • Avg Time on site
      12 min
    View Listing
    More about this property
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