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    2345 Baseline Rd Gilbert, AZ 85234-2326
    Property profile & analytics

    2345 Baseline Rd, Gilbert, AZ 85234-2326

    View on Map

    • Drug stores
    • 14,013 SF
    • 1.79 lot acres
    Off-Market
    Last Sale Dec 28, 2021
    $3,515,327
    Property ID
    US07-1043502
    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.

    Value Estimations
    $3,320,000
    Show details
    Cap Rate Potential
    5.3%
    Drug stores
    Location Intelligence

    Current Use by Public Records

    • BMO ATM / Atm
    • Western Union / Bank / Credit Union
    • Nathan A. Hunnell, PharmD / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Jennifer I. Zuehlke, PharmD / Pharmacy

    Property Details for 2345 Baseline Rd

    Year built
    1996
    Construction
    CONCRETE
    Lot size
    1.79 lot acres
    Zone code
    GC
    Property type
    Drug stores
    APN
    304-10-977
    APU
    30410977

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2021 $3,515,327 Mdc Coast 13 LLC Brauvin Net Investments LLC Special Warranty Deed —
    Dec 28, 2021 — Mdc Coast 13 LLC Brauvin Net Investments LLC Assignment Of Lease (leasehold Sale) —
    Mar 6, 2014 $2,667,500 Brauvin Net Invs LLC Invs L Tatsumi Intl Phoenix Co L Grant Deed —
    Mar 21, 1997 $2,910,000 Tatsumi International Phoenix Co Evergreen-burk L P Grant Deed —
    May 2, 1996 $785,000 L P Evergreen-burk Baseline & Burk L P Grant Deed $1.9M · First Interstate Mortgage Co

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,915,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,575,000
      6.5%
      $2,380,000
      7%
      $2,210,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,188,000
      Market price range: $2.62M - $9.73M
      AI Estimate
      $3,400,000
      Market price range: $2.60M - $8.28M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,145,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $5,100,000
      Change: -1% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.783
    Latitude
    33.3785
    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
    $37,872
    $0.00
    $0.00
    $522,958
    -
    $1,078,000
    $2,091,442
    $3,169,442

    Property Visit Statistics

    • Visits by month
      8.4k
    • Visitors by month
      8.1k
    • Avg Time on site
      7 min
    More about this property
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