Property profile

4760 Germann Rd Gilbert, AZ 85297

OFF-MARKET
Individual retail properties
Property ID
US07-2302034
7,095 SF 1.6 ac lot Built 2016
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 6,000 square foot retail property, located at 4760 E Germann Rd in Mesa, Arizona (zip code 85212), presents a unique investment opportunity. Situated on a 6,000 square foot lot, this versatile space is currently configured as an auto shop, convenience store, and restaurant, offering significant potential for a variety of uses. The property boasts excellent visibility and accessibility at a key intersection within the dynamic Power Ranch trade area, a high-growth area with an average household income of $121,340 within a three-mile radius. Its strategic location benefits from proximity to major retailers and anchors, including Eos Fitness, Home Depot, La Fitness, Dignity Health, and numerous other national brands. The property offers rare Power Road pads and shops with full access, making it an ideal location for businesses seeking high visibility and convenient access for customers. This is a rare opportunity to acquire a well-positioned retail property in a thriving market. The property is for sale and offers significant potential for investors seeking a strong return on investment in a prime location. The property is located in Maricopa County, Arizona.

Property profile

Verified
Property type Individual retail properties
Use group CANNABIS DISPENSARY
Year built 2016
Construction STEEL FRAME
Total area 7,095 SF
Lot 1.6 ac (69,674 SF)
Zoning code GC
APN 304-87-924
UPID US07-2302034

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hospital
  • Pediatrician Physician
  • Physician
  • Physician

Location

4760 Germann Rd Gilbert, AZ 85297-0205
Gilbert metro Census 815800 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.82M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.82M

Owner & transaction history

since 2024
Last sale
$6.8M
6 recorded transactions
2024
$6.8M
2024
$115.6M
2024
$7.3M
2024
$5.8M
2024
$5.4M
2024
$5.8M

Zoning & alternative use

GC · Gilbert, AZ
Zoning description

General Commercial zoning district tends toward a mix of retail and office uses that are developed independently and may not be dependent on one another. There are a broad range of uses permitted within GC that often fun…

General category COMMERCIAL

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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