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Financial
Distress signals
Property profile

1324 N Farrell Ct Gilbert, AZ 85233

FOR SALE
Warehouses
Property ID
US07-1189687
1.63 ac lot
Last sale May 2026 · $655,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$83

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$111 – $249

Cap rate analysis

How does the asset earn?
3.07%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel13.6
Parking Facility13.4
Pharmacy12.6

Location

1324 N Farrell Ct Gilbert, AZ 85233
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
623 Commerce, Gilbert, AZ 85233-4307 $1,000,000 Mar 2026 5,860 SF
1310 Acacia, Gilbert, AZ 85233-1832 $1,637,500 Jan 2026 6,158 SF
735 Commerce, Gilbert, AZ 85233-4303 $1,250,000 Dec 2025 2,400 SF
1210 Houston, Gilbert, AZ 85233-1809 $560,000 Dec 2025 1,000 SF
455 Baseline, Gilbert, AZ 85233-1200 $7,500,000 Jul 2025 36,106 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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