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Property profile

1493 Higley Rd Gilbert, AZ 85296

OFF-MARKET
Strip malls
Property ID
US07-1539658
4,800 SF 0.57 ac lot Built 2008
Last sale Dec 2008 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Nova Boba & Sushi is a restaurant business located in Gilbert, Arizona, within a retail area surrounded by multiple well-known brand retailers. The premises comprise approximately 933 square feet and are configured for food service, including dining and operational space. The establishment historically specialized in boba drinks and hand roll sushi and has been operated as a local food and beverage venue. The listing indicates that necessary restaurant equipment is included, supporting continued food-service operations.

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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$204k
Effective rate5.87%

Value estimate

· Oct 2026
$690k
$621k – $759k
Submarket $/SF estimate$1.66M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$364/SF
Submarket average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$222 – $562

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SC
The Shopping Center zoning district permits a group of medium to large retail, offices and other commercial establishments that are plann...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.9
Law Firm18.8
Building Supply16.3

Location

1493 Higley Rd Gilbert, AZ 85296-4700
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
832 Greenfield, Gilbert, AZ 85296-4006 $12,650,000 Aug 2022 6,492 SF
85 Gilbert, Gilbert, AZ 85296 $2,575,500 Apr 2021 4,008 SF
891 Warner, Gilbert, AZ 85296-2965 $4,900,000 May 2020 5,100 SF
147 Higley, Gilbert, AZ 85296-1165 $15,665,000 Nov 2019 7,000 SF
1415 Warner, Gilbert, AZ 85296-3159 $3,713,284 May 2019 9,078 SF
1522 Gilbert, Gilbert, AZ 85296-4018 $2,295,000 Dec 2018 9,892 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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