Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3530 Val Vis Dr Gilbert, AZ 85297-7318
    Back to Search
    Property profile & analytics

    3530 Val Vis Dr Gilbert, AZ 85297-7318

    View on Map
    • Office buildings
    • 22,564 SF
    • 8.13 lot acres
    Off-Market
    Last Sale Mar 21, 2025
    $36,000,000
    Property ID
    US07-1618887
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Michelle Shelton, Bold Realty Group / Real Estate Agency
    • Realtor East valley / Real Estate Agency
    • Celeste LaRocque-Wolfe - Buy and Sell Dream Team / Real Estate Agency
    • Dana Bentley Black, Realty ONE Group / Real Estate Agency
    • Ellinger REALTOR® Team, Best Luxury Real Estate Solutions - Realty ONE Group / Real Estate Agency

    Property Details for 3530 Val Vis Dr

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    8.13 lot acres
    Property size
    22,564 SF
    Zone code
    SC
    Property type
    Office buildings
    APN
    304-54-076
    APU
    30454076

    Description

    Copper Point, a prime medical office building located at 3530 S Val Vista Dr in Gilbert, Arizona (zip code 85297), offers exceptional leasing opportunities. This 18,457 square foot building features a multi-tenant configuration with two available suites. The minimum divisible space is 4,243 square feet, while the maximum contiguous space available is 7,936 square feet. Currently, there are 12,179 square feet of vacant space ready for immediate occupancy. The building provides ample parking, with a ratio of 5 spaces per 1,000 square feet. Situated in Maricopa County, this property presents a strategic location for medical professionals seeking a modern and well-equipped workspace. The building's address is easily accessible and benefits from high visibility. The available space is ideal for a variety of medical practices seeking expansion or relocation. Interested parties are encouraged to inquire about lease terms and availability for these exceptional medical office suites. The property is classified as an office building with a medical office subtype. This presents a unique opportunity to establish or expand a medical practice in a thriving Arizona community. The building's size and layout offer flexibility for various medical specialties.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.758
    Latitude
    33.2856
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,626
    $0.00
    $0.00
    $3,130,215
    -
    $4,900,800
    $14,070,200
    $18,971,000

    Comparable in this City

    • Value Estimation
      $1,915,000
      4,456 SF

      7400 Power Rd Ste, Unit 113

      OFFICE BUILDING • 4,456 SF
      7400 Power Rd Ste, Gilbert, AZ 85297-9282
      View Details
    • Value Estimation
      $2,590,000
      6,035 SF

      4100 Lindsay Rd Ste, Unit 113

      OFFICE BUILDING • 6,035 SF
      4100 Lindsay Rd Ste, Gilbert, AZ 85297-1507
      View Details
    • Value Estimation
      $1,915,000
      4,456 SF

      7400 Power Rd Ste, Unit 114

      OFFICE BUILDING • 4,456 SF
      7400 Power Rd Ste, Gilbert, AZ 85297-9282
      View Details
    • Value Estimation
      $2,590,000
      6,035 SF

      4100 Lindsay Rd Ste, Unit 115

      OFFICE BUILDING • 6,035 SF
      4100 Lindsay Rd Ste, Gilbert, AZ 85297-1507
      View Details
    • Value Estimation
      $2,210,000
      5,143 SF

      4100 Lindsay Rd Ste, Unit 119

      OFFICE BUILDING • 5,143 SF
      4100 Lindsay Rd Ste, Gilbert, AZ 85297-1508
      View Details
    • Value Estimation
      $2,210,000
      5,143 SF

      4100 Lindsay Rd Ste, Unit 125

      OFFICE BUILDING • 5,143 SF
      4100 Lindsay Rd Ste, Gilbert, AZ 85297-1508
      View Details

    Similar Nearby for Sale

    • $8,915,570
      17,611 SF

      Medical Office Near Mercy Gilbert

      Medical office building near Dignity Health Mercy Gilbert Medical Center.
      3451 S Mercy Rd, Gilbert, AZ 85297
      View Details
    • Contact for pricing
      40,000 SF

      Medical Development Opportunity in Gilbert

      Medical development opportunity near Mercy Gilbert Medical Center.
      15234 E Melrose St, Gilbert, AZ 85297
      View Details
    • $1,895,000
      8,088 SF

      Industrial Building with Office Space

      Industrial building with office space on 1.10 acres.
      3272 S 147Th Pl, Gilbert, AZ 85297
      View Details
    • Contact for pricing
      76,204 SF

      Prime Land Near Loop 202

      Land ideal for retail, gas station, or medical use.
      3421 S Lindsay Rd, Gilbert, AZ 85297
      View Details
    • Contact for pricing

      Medical/Office Condos For Sale

      Medical/Office condos divisible by 5,000 to 20,000 SF.
      S Rome St, Gilbert, AZ 85297
      View Details
    • Contact for pricing
      10,000 SF

      Medical Development Opportunity in Gilbert

      Medical development opportunity near Loop 202 in Gilbert, Arizona.
      15256 E Melrose St, Gilbert, AZ 85297
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Gilbert Office Space Available

      150,000 sqft office space for rent in Gilbert, Arizona.
      155 E Rivulon Blvd, Gilbert, AZ 85297
      View Details
    • Contact for pricing

      Class A Office Building For Lease

      Two connected Class A office buildings with tenant amenity lounge.
      365 East Germann Rd, Gilbert, AZ 85297
      View Details
    • Contact for pricing

      Two-Building Office Complex with Amenities

      Two connected office buildings with high parking ratio and retail access.
      355 E Germann Rd, Gilbert, AZ 85297
      View Details
    • Contact for pricing

      Class A Office Space Gilbert

      125,000 SF Class A office space for lease.
      275 E Rivulon Blvd, Gilbert, AZ 85297
      View Details
    • Contact for pricing

      Gilbert Office Space Available

      Office building with 104,927 square feet available for rent.
      410 E Rivulon Rd, Gilbert, AZ 85297
      View Details
    • Contact for pricing

      Retail/Office/Medical Space in Gilbert

      Newly constructed retail, office, or medical space available for lease.
      4727 E Pecos Rd, Gilbert, AZ 85297
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3530 Val Vis Dr
    Gilbert, AZ 85297-7318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3530 Val Vis Dr, Gilbert, AZ, 85297
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!