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Property profile & analytics
FOR SALE
Office buildings
3335 E Baseline Rd Gilbert, AZ 85234
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US07-1035021
For Sale
1 / 27
$2,475,000
3335 E Baseline Rd, Gilbert, AZ 85234
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
6,702 SF
Lot
1.04 ac (45,320 SF)
Zoning code
GC
APN
309-03-211
UPID
US07-1035021
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
-
Rocket Media Marketing & Advertising
-
Desert Management Services Property Management Company
-
Digital Ignitor Marketing & Advertising
-
Modern Moments Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.13M
Owner & transaction history
Desert Management Svcs LLC · 10 yrs held
Desert Management Svcs LLC
since 2015
6 recorded transactions
Zoning & alternative use
GC · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+104.8%
Retail stores
$2.5M
+69.4%
Neighborhood: shopping center
$2.4M
+67.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,455,000
Current use
AUTO REPAIR, GARAGE
$2,975,000
Change: +105% · Conversion: Difficult
RETAIL STORES
$2,460,000
Change: +69% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,440,000
Change: +68% · Conversion: Difficult
MEDICAL BUILDING
$1,715,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$318 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,604
Tax year 2023
Assessed value
$217,074
Assessed 2024
Previous assessed
$197,710
+9.8% YoY
Effective rate
5.81%
On assessed value
Land market value
$826,100
Improvement market value
$489,500
Total market value
$1,315,600
Applied tax rate
410,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Total area
6,702 SF
Lot
1.04 ac (45,320 SF)
Zoning code
GC
APN
309-03-211
UPID
US07-1035021
Jurisdiction
MARICOPA
Zoning & alternative use
GC · Gilbert, AZ
Zoning GC · permitted uses
GC · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Desert Management Svcs LLC
Entity
Mailing address
3335 E BASELINE RD, GILBERT, AZ 85234-2633
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2016
—
Desert Management Services LLC
—
Deed
related
$583,334 · Bank Of America
Aug 9, 2016
—
Desert Management Services LLC
—
Deed
related
$482,000 · Cdc Small Business Finance Corp
Oct 2, 2015
$829,500
Desert Management Svcs LLC
Jet Baseline LLC
Warranty Deed
$583,334 · Bank Of America
Mar 14, 2008
—
Jet Lapetite Gilbert LLC
Jet Ents LLC
Quit Claim Deed
—
Feb 20, 1990
$689,000
Jet Enterprises
La Petite Academ
Grant Deed
—
—
—
Desert Management Services LLC
—
Deed Of Trust
related
$583,334 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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