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Property profile & analytics
OFF-MARKET Estimated value $2,720,000
Medical Office Space

1452 Higley Rd Gilbert, AZ 85234-1610

7,980 SF 0.56 ac lot Built 2006
Entity Owned ~ Est. High Equity
Property ID
US07-1240380
Property summary
AI-generated overview

This 8,000-square-foot Class B medical office building in Gilbert, Arizona, is situated on a 0.76-acre lot and offers ample parking, including covered spaces. Built in 2006, the single-tenant property features a reception area, exam and treatment rooms, private offices, restrooms, and a staff break room. Its prime location at 1452 N Higley Rd Bldg 2, just south of the southwest corner of Higley Rd and Baseline Rd, benefits from high visibility and significant daily traffic exceeding 30,000 vehicles. The property boasts prominent monument signage along Higley Rd and enjoys convenient access to US60, Banner Gateway Medical Center, Arizona School of Dentistry and Oral Health, Superstition Springs Center, and Dana Park. The building is zoned SC by the City of Gilbert (APN: 313-11-598 & 313-11-958) and is located within a thriving area of Maricopa County, characterized by strong demographics and a growing population. This freestanding building presents a compelling opportunity for medical professionals seeking a well-appointed space in a high-demand location. The property's size and amenities make it ideal for a variety of medical practices.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2006
Construction CONCRETE
Total area 7,980 SF
Lot 0.56 ac (24,283 SF)
Zoning code SC
APN 313-11-598
UPID US07-1240380
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
  • Dr. David Salvatore Physician Medical Clinic
  • Jonathan Hodgson Physician Medical Clinic
  • Dependency Relief Specialists Physician
  • Celeste Fine Physician
  • Jonathan Henriquez Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.93M
Blend (final) Blend
$2.72M
Owner & transaction history
Bpm 1452 LLC
Bpm 1452 LLC
since 2025
Last sale
$2.5M
4 recorded transactions
2025
$2.5M
2020
Price N/A
2015
$740,000
2006
$1.9M
Zoning & alternative use
SC · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.4M +114.9%
Auto repair, garage $3.5M +73.7%
Retail stores $2.9M +43.6%
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