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3170 Higley Rd Gilbert, AZ 85295-2051

OFF-MARKET Drug stores Google Maps
12,759 SF 1.58 ac lot Built 2004
Entity Owned 21-yr Hold ~ Est. High Equity
Estimated value (blended)
$820k
Range $738k – $902k (±10%)
Property ID US07-0765013

Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2004
Construction CONCRETE
Total area 12,759 SF
Lot 1.58 ac (68,630 SF)
Zoning code NC
APN 304-47-401
UPID US07-0765013

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Crypto Atm Atm
  • Pharmacy
  • Bank Credit Union
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.16M
Blend (final) Blend
$820k

Owner & transaction history

since 2005
1 recorded transaction
2005
$4.1M

Zoning & alternative use

NC · Gilbert, AZ
Zoning description

Neighborhood Commercial zoning is intended for small commercial sites within or near residential neighborhoods. The emphasis of this zone is on uses that serve the daily needs of abutting neighbors. Uses permitted within…

General category COMMERCIAL
Top alternative use upside
Restaurant $7.0M +49.6%
Auto repair, garage $5.7M +20.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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