Financial
Distress signals
Property profile

263 Warner Rd Gilbert, AZ 85296

OFF-MARKET
Turn key restaurants
Property ID
US07-0832599
8,482 SF 4.11 ac lot Built 2005
Last sale Mar 2026 · $10,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a former private training gym suite within a retail center, configured with an open layout suitable for a range of retail uses. The unit is located in a mixed retail environment with multiple active tenants, and the center is adjacent to Life Time Fitness. The suite is positioned along Warner Rd, a roadway reported at approximately 46,595 vehicles per day, providing commercial frontage and street visibility.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$75k
Tax billed · 2023
Assessed value · 2024$1.51M
Effective rate4.96%

Value estimate

· Sep 2026
$11.80M
$10.62M – $12.97M
Submarket $/SF estimate$8.24M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$549/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$314 – $990
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
General Commercial zoning district tends toward a mix of retail and office uses that are developed independently and may not be dependent...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.1
Realty agency15.7
Clothing Store14.1

Location

263 Warner Rd Gilbert, AZ 85296-2973
County assessor Recorded deeds · 11 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1245 Warner, Gilbert, AZ 85296-3109 $12,100,000 Mar 2024 7,110 SF
911 Lindsay, Gilbert, AZ 85296-2970 $4,900,000 Mar 2023 12,180 SF
832 Greenfield, Gilbert, AZ 85296-4006 $12,650,000 Aug 2022 6,492 SF
1026 Gilbert, Gilbert, AZ 85296-3400 $2,300,000 Jan 2022 6,390 SF
965 Val Vis, Gilbert, AZ 85296-3704 $3,500,000 Jul 2021 12,214 SF
4630 Ray, Gilbert, AZ 85296-8483 $1,615,000 Dec 2020 10,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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