428 Gilbert Rd Gilbert, AZ 85296-2263
Property profile & analytics
428 Gilbert Rd Gilbert, AZ 85296-2263
- Office properties & Spaces
- 1.91 lot acres
Property ID
US07-1582379
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.
Location Intelligence
Current Use by Public Records
- Reliable Rooter & Plumbing - Plumbing in Gilbert AZ / Plumbing Service / General Contractor
- Quartz & Granite Countertops / Kitchen & Bath Showroom / Hardware & Home Improvement
- Gary Tenney, PhD / Physician / Medical Clinic
- Andrew Weissman, Psy.D., PC / Physician
- North Star Wellness / Counselor / Women'S Health Clinic
Property Details for 428 Gilbert Rd
- Lot size
- 1.91 lot acres
- Zone code
- GC
- Property type
- Office properties & Spaces
- APN
- 302-35-348
- APU
- 30235348
Description
This exceptional investment opportunity presents a ±5,217 square foot multi-tenant executive office building located at 428 S. Gilbert Road, Gilbert, AZ 85296. The property, built in 2001 and renovated in 2018, boasts an 89% occupancy rate and a strong pro-forma net operating income (NOI) of $94,832.42, yielding an 8.00% capitalization rate. The asking price is $1,185,405, translating to $227 per square foot. The building features convenient client parking, including covered parking, and prominent monument signage on Gilbert Road for excellent visibility. Situated in the rapidly growing Town of Gilbert, Maricopa County, this property benefits from a high median household income and a well-educated workforce. Its strategic location provides easy access to major highways, including US-60, Loop 202, and Loop 101, and proximity to Sky Harbor International Airport (15 minutes) and Williams Gateway Airport (10 minutes). The property is zoned GC, Town of Gilbert, and its APN is 302-35-335, 302-35-336, 302-35-337, 302-35-338, and 302-35-339. The property also includes a distinctive courtyard and is part of a thriving community with robust residential and commercial development. This is an ideal investment for those seeking a high-performing asset in a desirable Arizona market. The property is currently 89% occupied.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.791
- Latitude
- 33.3416
- 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
$0.00
$0.00
$0.00
$83
-
$500
$0.00
$500
