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Property profile

1452 Higley Rd Gilbert, AZ 85234

OFF-MARKET
Medical Office Space
Property ID
US07-1240380
View Sample
7,980 SF 0.56 ac lot Built 2006
Entity Owned ~ Est. High Equity

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

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician
  • Physician
  • 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
$860k

Owner & transaction history

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
Zoning description

The Shopping Center zoning district permits a group of medium to large retail, offices and other commercial establishments that are planned, developed, and managed as a single property. Site features, amenities and on si…

General category COMMERCIAL
Top alternative use upside
Restaurant $4.4M +114.9%
Auto repair, garage $3.5M +73.7%
Retail stores $2.9M +43.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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