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Property profile & analytics
OFF-MARKET
Estimated value
$21,260,000
Automotive properties
3455 Gilbert Rd, Gilbert, AZ 85297-2062
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-2446431
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2016
Construction
CONCRETE
Total area
28,874 SF
Lot
7 ac (304,920 SF)
Zoning code
C-BP
APN
304-55-447
UPID
US07-2446431
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
-
Mercedes-Benz of Gilbert Car Dealership
-
Parts Center at Mercedes-Benz of Gilbert Auto Parts Store
-
Sprinter Dealer at Mercedes-Benz of Gilbert Car Dealership
-
n+ Mercedes-EQ Formula E Team eBikes (Bike/Boat/Book/etc) Store
-
Service Center at Mercedes-Benz of Gilbert Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.53M
Blend (final)
Blend
$21.26M
Owner & transaction history
Phoenix Managed Properties LLC · 5 yrs held
Phoenix Managed Properties LLC
since 2020
4 recorded transactions
Zoning & alternative use
C-BP · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$23.2M
+80.8%
Restaurant
$15.9M
+23.7%
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
AUTO REPAIR, GARAGE
$12,820,000
Current use
COMMERCIAL (GENERAL)
$23,175,000
Change: +81% · Conversion: Moderate
RESTAURANT
$15,860,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$21.26M
Range $19.13M – $23.39M · ±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
$736 / 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
$175,996
Tax year 2023
Assessed value
$3,288,152
Assessed 2024
Previous assessed
$2,861,950
+14.9% YoY
Effective rate
5.35%
On assessed value
Land market value
$6,710,300
Improvement market value
$13,217,893
Total market value
$19,928,193
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
1
Units
3
Total area
28,874 SF
Lot
7 ac (304,920 SF)
Zoning code
C-BP
APN
304-55-447
UPID
US07-2446431
Jurisdiction
MARICOPA
Zoning & alternative use
C-BP · Gilbert, AZ
Zoning C-BP · permitted uses
C-BP · 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
AUTO REPAIR, GARAGE Current
Est. value
$12.8M
COMMERCIAL (GENERAL)
Est. value
$23.2M
RESTAURANT
Est. value
$15.9M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
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
2016
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
4
Units
3
Lot
7 ac
Current owner
From public records · entity-resolved
Phoenix Managed Properties LLC
Entity
Mailing address
3455 S GILBERT RD, GILBERT, AZ 85297-2062
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
—
Phoenix Managed Properties LLC
—
Deed
related
$18,319,964 · Mercedes Benz Fin'l Svcs USA L
Oct 29, 2020
—
Phoenix Managed Properties LLC
—
Deed
related
$2,750,000 · Alfano JR Family Trust (pt)
—
—
Phoenix Managed Properties LLC
—
Deed Of Trust
related
$2,750,000 · Alfano JR Family Trust (pt)
—
—
Phoenix Managed Properties LLC
—
Loan Modification
related
$18,319,964 · Mercedes Benz Fin'l Svcs USA L
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.
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