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Property profile & analytics
OFF-MARKET
Commercial real estate

14329 Lexington St Gilbert, AZ 85297

1.95 ac lot
Property ID
US07-1465125
Property summary
AI-generated overview

This exceptional 1.95-acre commercial land parcel, located at 14329 E Lexington St, Gilbert, AZ 85297 (APN 304-55-018K), presents a unique investment opportunity. Priced at $2,049,000 ($28.55/SF land value), this property boasts a highly desirable location directly adjacent to the new full diamond interchange at South Loop 202 and Lindsay Road, ensuring exceptional visibility and accessibility. Currently zoned RU-43, the property is undergoing rezoning to GC, making it perfectly suited for retail development. Its strategic position across the street from Rivulon, a substantial 250-acre mixed-use development, further enhances its potential. High traffic counts on Loop 202 and South Lindsay Road guarantee significant exposure for any future development. This prime location offers unparalleled access to a thriving community and presents a compelling opportunity for investors seeking high-growth potential in a rapidly developing area of Gilbert, Maricopa County. The property's size and location make it an exceptional choice for a variety of commercial ventures.

Property profile
Verified
Property type Commercial real estate
Lot 1.95 ac (84,942 SF)
APN 304-55-018K
UPID US07-1465125
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Irwin Spa Co. Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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