240 Pasadena St Gilbert, AZ 85233-4506
- Office buildings
- 2,510 SF
- 0.60 lot acres
Current Use by Public Records
- Ground Zero Plumbing & AC / Plumbing Service / General Contractor
- Spyder Auto Glass LLC / Auto Repair Shop / (Bike/Boat/Book/etc) Store
Property Details for 240 Pasadena St
- Year built
- 1997
- Construction
- CONCRETE
- Lot size
- 0.60 lot acres
- Property size
- 2,510 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 302-23-020
- APU
- 30223020
Description
This exceptional Gilbert property, located at 240 N Pasadena St, offers a unique blend of office and industrial space, ideal for a variety of businesses. The 2,510 square foot building, constructed in 1997, sits on a 0.6-acre lot (APN 302-23-020) and is classified as Class C. The property boasts a convenient location, just 2.4 miles from the US-60 Freeway via N McQueen Rd, providing easy access to major transportation routes. The office space features a well-designed layout including a reception area, seven individual offices, a conference room, a break room, a bullpen area, and two restrooms. Adding to its versatility, the property includes a gated and secured contractor yard, complemented by an approximately 4,600 square foot canopy, providing ample space for equipment storage and operations. Monument signage is available, offering excellent visibility and branding opportunities. This property presents a compelling investment opportunity at an asking price of $1,400,000. The combination of office space, secure yard, and prime location makes this an attractive option for businesses seeking a functional and strategically located facility in the thriving Gilbert, Arizona market (zip code 85233).
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $921,000
- AI Estimate
- $921,000
Market price range: $305k - $922kMarket price range: $318k - $922k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $560,000 Current use
- AUTO REPAIR, GARAGE
- $1,115,000 Change: +100% Conversion: Difficult
- RETAIL STORES
- $920,000 Change: +65% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $915,000 Change: +64% Conversion: Difficult
- MEDICAL BUILDING
- $640,000 Change: +15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.828
- Latitude
- 33.3545
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA