Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1500 Drivers Way Gilbert, AZ 85297-0402
    Back to Search
    Property profile & analytics

    1500 Drivers Way, Gilbert, AZ 85297-0402

    View on Map

    • Automotive properties
    • 29,262 SF
    • 12.55 lot acres
    Off-Market
    Property ID
    US07-0995877
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $21,545,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 1500 Drivers Way

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    12.55 lot acres
    Zone code
    C-C
    Property type
    Automotive properties
    APN
    304-54-075
    APU
    30454075

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 9, 2022 — Hemi Auto Holdings LLC — Deed · related $30.2M · Umb Bank NA
    Dec 10, 2021 — Bwz Auto Holdings LLC — Deed · related $7.2M · Jpmorgan Chase Bank NA
    Jan 13, 2021 — Bwz Auto Holdings LLC — Deed · related $24.8M · Jp Morgan Chase Bk
    Jun 2, 2016 — Bwz Auto Holdings LLC — Deed · related $15.2M · Jp Morgan Chase Bk
    Feb 5, 2007 — Bwz Auto Holdings LLC — Deed Of Trust · related $15.5M · Key Bank & Trust
    — — Bwz Auto Holdings LLC — Loan Modification · related $15.2M · Jp Morgan Chase Bk
    — — Bwz Auto Holdings LLC — Deed Of Trust · related $8M · Key Bank & Trust
    — — Bwz Auto Holdings LLC — Deed Of Trust · related $2.5M · Key Bank & Trust
    — — Bwz Auto Holdings LLC — Deed Of Trust · related $2M · Key Bank & Trust
    — — Bwz Auto Holdings LLC — Loan Modification · related $11.5M · Jp Morgan Chase Bk
    — — Bwz Auto Holdings LLC — Loan Modification · related $24.8M · Jp Morgan Chase Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $21,818,000
      Market price range: $6.38M - $21.8M
      AI Estimate
      $21,273,000
      Market price range: $5.59M - $21.3M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $12,995,000
      Current use
      COMMERCIAL (GENERAL)
      $23,485,000
      Change: +81% Conversion: Moderate
      RESTAURANT
      $16,075,000
      Change: +24% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.757
    Latitude
    33.2928
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $187,538
    $0.00
    $0.00
    $3,954,387
    -
    $12,701,300
    $11,264,682
    $23,965,982
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message