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Property profile & analytics
OFF-MARKET Estimated value $2,235,000
Strip malls

1851 Baseline Rd Gilbert, AZ 85233-1536

5,568 SF 0.97 ac lot Built 2003
Entity Owned ~ Est. High Equity
Property ID
US07-3373658
Property summary
AI-generated overview

This exceptional 1,271-square-foot retail space is located at 1851 E Baseline Rd in Gilbert, Arizona, within Maricopa County. The property is a single-tenant building offering a completely vacant, 1,271-square-foot space, described as a "vanilla shell" condition. This provides a blank canvas for a prospective tenant to customize the interior to perfectly suit their business needs. The property's address is easily accessible and visible from Baseline Road, offering excellent visibility and potential for high foot traffic. The property type is classified as retail commercial. The zip code for this location is 85233. This presents a unique opportunity for businesses seeking a move-in ready space in a thriving Gilbert location. The property's geographic coordinates are latitude 33.3785028 and longitude -111.7913695. This single-tenant building offers complete control and flexibility for the tenant. The property is ready for immediate occupancy. The "vanilla shell" condition allows for complete customization, minimizing upfront renovation costs and maximizing design flexibility. This prime location in Gilbert, Arizona offers excellent potential for business growth and success. The property is situated in a dynamic area with high visibility and accessibility. This is an ideal opportunity for businesses seeking a well-located, adaptable retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Construction CONCRETE
Total area 5,568 SF
Lot 0.97 ac (42,429 SF)
Zoning code SC
APN 310-05-236A
UPID US07-3373658
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
  • MoneyGram Bank Credit Union
  • Dr. Ethan Savory Dental Office
  • Jonathan Zuniga Dental Office
  • Ethan Jessel Savory Dental Office
  • Mattingly Tara a DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$2.24M
Owner & transaction history
Southpoint Investment Corp
Southpoint Investment Corp
since 2025
Last sale
$2.5M
3 recorded transactions
2025
$2.5M
2016
$2.1M
2004
$1.4M
Zoning & alternative use
SC · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 site parking are typically shared.

Zone name Shopping Center
General category COMMERCIAL
Zone area 884.59 ac
Source Realmo
Top alternative use upside
Restaurant $3.1M +50.9%
Auto repair, garage $2.5M +22.0%
Retail stores $2.0M +0.9%
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