Individually Owned 
For Sale
1 / 6
Property summary
This exceptional 2,685 square foot flex/warehouse space, located at 1324 N Farrell Ct in Gilbert, Arizona (zip code 85233), presents a compelling investment opportunity. Priced at $759,000, this property offers a blend of office and industrial functionality, perfectly suited for a variety of businesses. The property is zoned L-I, TOWN OF GILBERT, and features an APN of 302-12-674. The building's flexible layout allows for customization to meet specific operational needs. Significant cost savings are realized through the low-cost Owners Association, which covers all exterior maintenance, including roof repairs, for a mere $575 per quarter. This significantly reduces the burden of property upkeep, allowing owners to focus on their core business operations. The property's location in Gilbert, Maricopa County, Arizona, provides easy access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a well-maintained, cost-effective commercial property in a desirable location. Don't miss out on this chance to own a piece of Gilbert's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
-
Vacation Rental Real Estate Agency
-
Electrical Service General Contractor
-
Construction Company General Contractor
-
Real Estate Agency
-
Discount Store Waste Management Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of the Light Industrial zoning district is to provide for wholesale and warehousing uses as well as those manufacturing uses that include fabrication, manufacturing, assembly or processing of materials that ar…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Gilbert market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Gilbert, AZThe intent of the Light Industrial zoning district is to provide for wholesale and warehousing uses as well as those manufacturing uses that include fabrication, manufacturing, assembly or processing of materials that ar…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of the Light Industrial zoning district is to provide for wholesale and warehousing uses as well as those manufacturing uses that include fabrication, manufacturing, assembly or processing of materials that ar…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Gilbert, AZ.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
