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Financial
Distress signals
Property profile

1515 Higley Rd 31 Gilbert, AZ 85296

OFF-MARKET
Office buildings
Property ID
US07-1231521
6,644 SF 0.16 ac lot Built 2007
Last sale Dec 2014 · $1,975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value · 2024$309k
Effective rate5.33%

Value estimate

· Oct 2026
$3.60M
$3.24M – $3.96M
CAP approach$1.59M
Submarket $/SF estimate$1.30M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$67 – $196
Qualifying comparables9

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
Restaurant18.4
Law Firm18.3
Auto Repair Shop15.2

Location

1515 Higley Rd, Unit 31 Gilbert, AZ 85296-4787
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales 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
1511 Higley Rd, Gilbert, AZ 85296-5058 $3,200,000 Feb 2026 6,617 SF
428 Gilbert Rd, Gilbert, AZ 85296-2262 $1,200,000 May 2025 7,200 SF
633 Ray Rd, Gilbert, AZ 85296-4205 $403,000 Sep 2024 5,555 SF
1489 Higley, Gilbert, AZ 85296-4776 $1,560,000 Oct 2021 8,468 SF
1519 Higley, Gilbert, AZ 85296-4793 $2,595,000 Oct 2020 6,649 SF
Gilbert, AZ 85296 $289,905 Apr 2020 5,271 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
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