Property profile

1539 Elliot Rd Ste 101 Gilbert, AZ 85233

OFF-MARKET
Office buildings
Property ID
US07-0117142
4,805 SF 0.03 ac lot Built 2003
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction STEEL FRAME
Total area 4,805 SF
Lot 0.03 ac (1,202 SF)
Zoning code SC
APN 302-35-371A
UPID US07-0117142

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1539 Elliot Rd Ste, Unit 101 Gilbert, AZ 85233-5169
Gilbert metro Census 422305 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$245k

Owner & transaction history

since 2010
1 recorded transaction
2010
$120,000

Zoning & alternative use

SC · Gilbert, AZ
Zoning description

The Shopping Center zoning district permits a group of medium to large retail, offices and other commercial establishments that are planned, developed, and managed as a single property. Site features, amenities and on si…

General category COMMERCIAL
Top alternative use upside
Retail stores $1.8M +65.0%
Neighborhood: shopping center $1.8M +63.6%
Medical building $1.2M +14.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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