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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Gas stations
1631 Val Vis Dr Gilbert, AZ 85295-8380
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-3243078
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2001
Construction
CONCRETE
Total area
3,921 SF
Lot
1.43 ac (62,359 SF)
Zoning code
NC
APN
304-41-906
UPID
US07-3243078
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Git N' Run Grocery & Convenience Store
-
LibertyX Bitcoin ATM Currency Exchange Service Kiosk
-
Rodeo Park Plaza Shopping Center & Mall
-
Mobil Gas Station
-
GIT N RUN touchless car wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$2.90M
Owner & transaction history
Bhr Val Vista Az Property LLC · 1 yrs held
Bhr Val Vista Az Property LLC
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
NC · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Neighborhood Commercial zoning is intended for small commercial sites within or near residential neighborhoods. The emphasis of this zone is on uses that serve the daily needs of abutting neighbors. Uses permitted within NC tend to be limited to small scale and with minimal traffic, noise and sound impacts.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
209.65 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$3.1M
+22.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$2,565,000
Current use
COMMERCIAL (GENERAL)
$3,145,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $2.89M (Oct 7 2024)
Last sale anchor
$2.89M
Oct 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$740 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$25,679
Tax year 2023
Assessed value
$414,078
Assessed 2024
Previous assessed
$376,601
+10.0% YoY
Effective rate
6.20%
On assessed value
Land market value
$1,746,000
Improvement market value
$763,562
Total market value
$2,509,562
Applied tax rate
410,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
2
Total area
3,921 SF
Lot
1.43 ac (62,359 SF)
Zoning code
NC
APN
304-41-906
UPID
US07-3243078
Jurisdiction
MARICOPA
Zoning & alternative use
NC · Gilbert, AZZoning NC · permitted uses
NC · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Neighborhood Commercial zoning is intended for small commercial sites within or near residential neighborhoods. The emphasis of this zone is on uses that serve the daily needs of abutting neighbors. Uses permitted within NC tend to be limited to small scale and with minimal traffic, noise and sound impacts.
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
209.65 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$3.1M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
1.43 ac
Current owner
From public records · entity-resolved
Bhr Val Vista Az Property LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1631 S VAL VIS DR, GILBERT, AZ 85295-8380
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$2,890,000
Bhr Val Vista Az Property LLC
Am Ventures 1 31 INC
Special Warranty Deed
—
Mar 14, 2024
—
Am Ventures 1 31 INC
—
Deed
related
$75,000 · Ks Statebank
Sep 30, 2019
—
Am Ventures 131 INC
—
Deed
related
$835,000 · Ks Statebank
Jun 6, 2016
$1,150,000
Am Ventures 131 INC
K-1 Enterprises LLC
Special Warranty Deed
$700,000 · Celtic Bank Corporation
Jan 31, 2008
$2,200,000
K-1 Ents LLC
Rbo Real Estate LLC
Grant Deed
$2,100,000 · Vista Ray First Mortgage LLC
Nov 8, 2004
$2,200,000
Rbo Real Estate LLC
Vista Ray First Mortgage LLC
Grant Deed
$2,100,000 · Vista Ray First Mortgage LLC
Jun 14, 2002
—
Val-ray LLC
Val-ray LLC
Quit Claim Deed
related
—
—
—
Am Ventures 131 INC
—
Deed Of Trust
related
$835,000 · Ks Statebank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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