Property profile

4521 Warner Rd Gilbert, AZ 85296

OFF-MARKET
Flex space
Property ID
US07-0719585
114,564 SF Built 2023
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 4521 E Warner Rd, Gilbert, AZ 85296, offers 266,118 square feet of versatile manufacturing, warehouse, and distribution space across four buildings. Completed in 2023, the property sits on 19 acres and features a range of sizes, with a minimum divisible space of 57,166 square feet and a maximum contiguous space of 85,258 square feet. Currently, the entire 266,118 square feet is vacant and ready for immediate occupancy. The buildings boast impressive 28' to 32' clear ceiling heights, R38 insulation, and robust power capabilities of 2,000-2,500 amps (277/480v). ESFR sprinklers and ample parking (1.6 spaces per 1,000 square feet) are included. The property features truckwells and grade-level loading, an electric gated truck court, and is conveniently located on Warner Road, with access to Power & Warner Roads. Zoned LI (Light Industrial), the property's APN is 304-28-947 in Maricopa County. This is a prime opportunity for businesses seeking modern, efficient, and strategically located industrial space in the thriving Gilbert market.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2023
Total area 114,564 SF
APN 304-28-947
UPID US07-0719585

Cap rate & NOI

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

Location

4521 Warner Rd Gilbert, AZ 85296
Gilbert metro PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$24.81M
Blend (final) Blend
$460k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $29.3M +65.7%
Warehouse, storage $21.5M +21.6%

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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