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Property profile & analytics
OFF-MARKET Estimated value $2,225,000
Commercial land

2845 Baseline Rd Gilbert, AZ 85234-2538

Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US07-0719562
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving drive-thru coffee shop strategically located at 2845 E Baseline Rd, Gilbert, AZ 85234, at the intersection of Baseline and Lindsay Roads. The property boasts a 750 square foot building situated on a generous 1.023-acre lot, offering ample space and visibility. Constructed in 2024, this single-story building is currently operating as a successful coffee establishment under a 25-year ground lease with a 5-year option, providing long-term stability and income potential. The property is zoned C-2 within Gilbert, Maricopa County, and features a single tenant occupancy. The property's location in the rapidly expanding Gilbert market ensures high traffic volume and strong customer base. This turnkey operation is offered as a leasehold interest, presenting a compelling opportunity for investors seeking a proven, established business in a prime location. The Maricopa County APN is 304-10-955-C. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a highly desirable area. The asking price is $675,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 304-10-955C
UPID US07-0719562
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
  • Gravity coffee Take-out & Catering Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.23M
Owner & transaction history
Gkv LLC · 2 yrs held
Gkv LLC
since 2024
Last sale
$2.2M
1 recorded transaction
2024
$2.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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