1534 E Ray Rd Gilbert, AZ 85296
Property profile & analytics
1534 E Ray Rd Gilbert, AZ 85296
- Strip malls
- 24,208 SF
- 2.95 lot acres
Property ID
US07-0104975
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.
Location Intelligence
Current Use by Public Records
- Tyler Castleton / Physician
- Craig Blankinship / Physician
- Dr. Brett Quackenbush / Dental Office
- Dr. Morris Oswald / Dental Office
- Quantum Physiques Personal Training and Nutrition / Gym & Fitness Center
Property Details for 1534 E Ray Rd
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 2.95 lot acres
- Property size
- 24,208 SF
- Zone code
- NC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 304-25-915
- APU
- 30425915
Description
Western Skies Village Center, located at 1534 E Ray Rd, Gilbert, AZ 85296 (NWC Ray Road & Val Vista Drive), offers exceptional retail and restaurant opportunities in the thriving Gilbert Submarket of Maricopa County. This Class B shopping center, built in 2002, boasts a total of 24,128 square feet. Two spaces are currently available, ideal for a variety of uses. The spaces are divisible, with a minimum leasable area of 3,124 square feet and a maximum contiguous space of 3,403 square feet. The property's versatile design accommodates various business types, including storefront retail, shopping center tenants, religious/church organizations, and restaurants. The location benefits from high visibility and accessibility, situated in an affluent Gilbert neighborhood. This presents a unique chance to establish or expand a business within a well-established and successful commercial center. The property's multiple tenancy structure provides a vibrant and diverse environment for businesses. Interested parties should inquire about the specific details and availability of the two spaces. The property is conveniently located in the Gilbert Submarket of Maricopa County, Arizona.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,975,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,490,000
- 6.5%
- $5,070,000
- 7%
- $4,705,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,746,000
- AI Estimate
- $5,746,000
Market price range: $5.36M - $13.6MMarket price range: $5.36M - $13.6M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $8,810,000 Current use
- RETAIL STORES
- $8,885,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.757
- Latitude
- 33.3224
- 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
$39,867
$0.00
$0.00
$708,528
-
$1,636,200
$2,657,909
$4,294,109
