15312 Melrose St Gilbert, AZ 85297
- Commercial land
- 1,930 SF
- 2.36 lot acres
Current Use by Public Records
- Commercial land
Property Details for 15312 Melrose St
- Year built
- 1983
- Lot size
- 2.36 lot acres
- Property size
- 1,930 SF
- Zone code
- C-BP
- Property type
- Commercial land
- APN
- 304-53-342
- APU
- 30453342
Description
This exceptional 2.5-acre site in Gilbert, Arizona, offers a prime opportunity for a 4-story hotel or assisted living development. The property boasts 60,735 square feet and is zoned Business Park (BP), ensuring a streamlined development process. Utilities are conveniently located at the lot line, minimizing infrastructure costs. Situated just one block south of the Loop 202 San Tan Freeway, this location provides unparalleled accessibility and visibility. The area is known for its thriving healthcare sector, with numerous medical facilities nearby, including Mercy Gilbert Medical Center and others. Enjoy scenic mountain views and a location within a well-established, high-growth community. The site is ready for immediate development, offering flexible delivery options to suit your project timeline. This is a rare opportunity to build a high-impact development in a highly desirable location. The property includes 122 keys, making it an ideal investment for a large-scale hospitality project. Contact us today to learn more about this exceptional development opportunity. The property is improved with utilities to the lot line.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.752
- Latitude
- 33.2823
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
