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    Property profile & analytics

    1315 Gilbert Rd Mesa, AZ 85204-6088

    • Retail space
    • 11,011 SF
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    $2,720,000
    Last Sale
    Sep 07, 2022
    $2,800,000
    Location Intelligence
    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.

    Current Use by Public Records

    • India Oven / Indian Restaurant / Family Restaurant
    • Tableland Village II / Shopping Mall

    Property Details for 1315 Gilbert Rd

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    1.13 lot acres
    Property size
    11,011 SF
    Zone code
    LC
    Property type
    Retail space
    APN
    140-61-165
    APU
    14061165

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,620,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,065,000
      6.5%
      $2,590,000
      7%
      $2,925,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,795,000
      Geo Method
      $2,795,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,795,000
      Retail
      $2,630,000
      Mixed-Use
      $2,560,000
      Hospitality
      $2,875,000
      Educational
      $3,040,000
      Residential Income
      $2,555,000
      Energy
      $3,140,000
      Income-Based Land
      $2,755,000
      Food Service
      $2,865,000

    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

    Comparable in this City

    • Value Estimation by Request
      1,838 SF

      Mesa, AZ 85204

      RETAIL STORES (PERSONAL SERVICES) • 1,838 SF
      Mesa, AZ 85204
      View Details
    • Value Estimation by Request
      5,749 SF

      1750 Val Vis Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,749 SF
      1750 Val Vis Dr, Mesa, AZ 85204-7304
      View Details
    • Value Estimation by Request
      7,943 SF

      1232 Southern Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,943 SF
      1232 Southern Ave, Mesa, AZ 85204-5152
      View Details
    • Value Estimation by Request
      7,488 SF

      514 Southern Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,488 SF
      514 Southern Ave, Mesa, AZ 85204-4924
      View Details
    • Value Estimation by Request
      5,952 SF

      3512 Southern Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,952 SF
      3512 Southern Ave, Mesa, AZ 85204-5669
      View Details
    • Value Estimation
      $510,000
      2,727 SF

      3544 Broadway Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,727 SF
      3544 Broadway Rd, Mesa, AZ 85204-1904
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,600 SF

      Freestanding Retail/Medical Building Available

      Freestanding 3,600 SF retail/medical building with high visibility.
      1120 S Gilbert Rd, Mesa, AZ 85204
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    • $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 85204
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      14,062 SF

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      Excellent street visibility and daily traffic in a dynamic location.
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      Mesa Shores Retail Center

      Dual-grocery anchored retail center in Mesa, Arizona.
      2110 E Baseline Rd, Mesa, AZ 85204
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      3,047 SF

      Freestanding Drive-Thru Restaurant Opportunity

      Freestanding drive-thru restaurant on a 0.80 acre lot.
      2033 E Southern Ave, Mesa, AZ 85204
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      6,749 SF

      Mesa Retail Property For Sale

      Retail property in Mesa, Arizona, with high traffic volume.
      431 W Southern Ave, Mesa, AZ 85204
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    Similar Nearby for Lease

    • Contact for pricing
      3,122 SF

      Retail Space on Signalized Corner

      Highly visible retail space near US-60 Freeway interchange.
      1255 E Southern Ave, Mesa, AZ 85204
      View Details
    • $10 SF/Yr
      1,800 SF

      Mesa Retail Space For Lease

      Retail spaces available in established Mesa trade area.
      925-1107 S Gilbert Rd, Mesa, AZ 85204
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Signalized Corner

      Highly visible retail space near US-60 Freeway interchange.
      1245-1255 E Southern Ave, Mesa, AZ 85204
      View Details
    • Contact for pricing
      2,238 SF

      Retail Space Near US 60

      Retail space with high traffic and income demographics.
      1859 S Stapley Dr, Mesa, AZ 85204
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    • Contact for pricing
      3,980 SF

      Retail Space in Grocery Anchored Center

      Retail space available in a conveniently located shopping center.
      1702 S Val Vista Dr, Mesa, AZ 85204
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space Near Southern & Val Vista

      Retail space available near Southern and Val Vista in Mesa.
      3550 E Southern Ave, Mesa, AZ 85204
      View Details

    Property Visit Statistics

    • Visits by month
      15.6k
    • Visitors by month
      11.9k
    • Avg Time on site
      12 min
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    1315 Gilbert Rd
    Mesa, AZ 85204-6088
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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