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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Retail space
4630 Ray Rd Gilbert, AZ 85296-8483
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1221397
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
CONCRETE
Total area
10,000 SF
Lot
1.26 ac (55,000 SF)
Zoning code
R-CH
APN
304-29-965
UPID
US07-1221397
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
-
Wojciechowskivich Inc. Garden Center
-
BBQ Island - Outdoor Kitchen And Gas Grill Specialists (Bike/Boat/Book/etc) Store Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
W E Properties Gilbert Gateway LLC · 5 yrs held
W E Properties Gilbert Gateway LLC
since 2020
Last sale
$1.6M
3 recorded transactions
Zoning & alternative use
R-CH · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,700,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,840,000
6.5%
$1,695,000
7%
$1,575,000
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.62M (Dec 18 2020)
Last sale anchor
$1.62M
Dec 18 2020
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
$166 / 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
$29,255
Tax year 2023
Assessed value
$553,750
Assessed 2024
Previous assessed
$478,703
+15.7% YoY
Effective rate
5.28%
On assessed value
Land market value
$1,615,400
Improvement market value
$1,740,659
Total market value
$3,356,059
Applied tax rate
600,605.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
10,000 SF
Lot
1.26 ac (55,000 SF)
Zoning code
R-CH
APN
304-29-965
UPID
US07-1221397
Jurisdiction
MARICOPA
Zoning & alternative use
R-CH · Gilbert, AZ
Zoning R-CH · permitted uses
R-CH · 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.
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
W E Properties Gilbert Gateway LLC
Entity
Mailing address
1715 W RUBY DR STE #105, TEMPE, AZ 85284-1061
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2021
—
W E Properties Gilbert Gateway LLC
—
Deed
related
$807,500 · Jpmorgan Chase Bank NA
Dec 18, 2020
$1,615,000
W E Properties Gilbert Gateway LLC
Ol Lonely Enterprises INC
Special Warranty Deed
$807,500 · Jpmorgan Chase Bank NA
Sep 23, 2004
$595,000
Ol-lonely Ents INC
Power & Ray LLC
Grant Deed
$1,450,000 · M & I Marshall & Isley Bank
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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