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Property profile & analytics

15234 Melrose St Gilbert, AZ 85297

  • Commercial land
  • 2,132 SF
  • 2.36 lot acres
Value Estimation
Location Intelligence
Property ID
US07-2834926
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.

Current Use by Public Records

  • Commercial land

Property Details for 15234 Melrose St

Year built
1974
Lot size
2.36 lot acres
Property size
2,132 SF
Zone code
C-BP
Property type
Commercial land
APN
304-53-343
APU
30453343

Description

This exceptional 2.5-acre commercial land parcel in Gilbert, Arizona, presents a prime opportunity for medical development. Located at 15234 E Melrose St, near Val Vista Dr & Melrose St, this property offers a strategic location within a thriving healthcare hub, just one block south of the Loop 202 San Tan Freeway. The site is zoned BP (Business Park) and allows for the construction of a proposed 40,000 square foot, two-story building. The development will be delivered as a gray shell, providing flexibility for tenant build-outs. Leasing options are available for contiguous spaces ranging from 1,650 to 10,000 square feet. This location boasts scenic mountain views and easy accessibility, making it highly attractive to medical professionals and businesses. The property's proximity to major medical facilities, including Mercy Gilbert Medical Center, Ironwood Women's Centers, and Southwest Kidney Institute, further enhances its appeal. Attractive tenant improvement allowances are available. This is an exceptional opportunity to establish a presence in a high-demand medical market. The property is available for sale or lease.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Gilbert
County
Maricopa
State
Arizona
Longitude
-111.754
Latitude
33.2823
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
2023
$7,900
$0.00
$0.00
$211,665
-
$1,411,100
$0.00
$1,411,100
More about this property
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