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    Property profile & analytics

    4865 Higley Rd Gilbert, AZ 85298-5801

    • Strip malls
    • 8,648 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $4,785,000
    Last Sale
    Oct 15, 2021
    $6,100,000
    Location Intelligence
    Property ID
    US07-0576760
    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.

    Current Use by Public Records

    • Starbucks / Internet Cafe / Breakfast Restaurant
    • Perspire Sauna Studio / Health Spa / Wellness Center
    • Vito’s Pizza & Italian Ristorante / Pizza Restaurant / Restaurant

    Property Details for 4865 Higley Rd

    Year built
    2019
    Construction
    STEEL FRAME
    Lot size
    1.40 lot acres
    Property size
    8,648 SF
    Zone code
    SC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    304-69-973
    APU
    30469973

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,240,000
      6.5%
      $5,690,000
      7%
      $5,970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,115,000
      Geo Method
      $6,425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,330,000
      Retail
      $5,780,000
      Mixed-Use
      $5,410,000
      Hospitality
      $5,435,000
      Educational
      $6,560,000
      Residential Income
      $5,155,000
      Energy
      $7,025,000
      Income-Based Land
      $5,380,000
      Food Service
      $6,080,000

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.72
    Latitude
    33.2621
    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
    $24,399
    $0.00
    $0.00
    $431,775
    -
    $996,000
    $1,620,817
    $2,616,817

    Comparable in this City

    • Value Estimation by Request
      10,065 SF

      6510 Higley Rd

      SHOPPING CENTER, STRIP CENTER • 10,065 SF
      6510 Higley Rd, Gilbert, AZ 85298-4337
      View Details
    • Value Estimation by Request
      7,580 SF

      3150 Chandler Hts Rd

      SHOPPING CENTER, STRIP CENTER • 7,580 SF
      3150 Chandler Hts Rd, Gilbert, AZ 85298-4347
      View Details
    • Value Estimation
      $4,050,000
      8,211 SF

      4925 Val Vis Dr

      SHOPPING CENTER, STRIP CENTER • 8,211 SF
      4925 Val Vis Dr, Gilbert, AZ 85298-0089
      View Details
    • Value Estimation by Request
      5,670 SF

      3050 Chandler Hts Rd

      SHOPPING CENTER, STRIP CENTER • 5,670 SF
      3050 Chandler Hts Rd, Gilbert, AZ 85298-4324
      View Details
    • Value Estimation by Request
      8,500 SF

      6466 Higley Rd

      SHOPPING CENTER, STRIP CENTER • 8,500 SF
      6466 Higley Rd, Gilbert, AZ 85298-4334
      View Details
    • Value Estimation
      $1,125,000
      48,294 SF

      4844 Val Vis Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 48,294 SF
      4844 Val Vis Dr, Gilbert, AZ 85298-7326
      View Details

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      Vacant lot in Gilbert's luxurious, gated community, 'The Hollows'.
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      Rare 1.2-acre lot offers country living near Gilbert.
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      $995,000
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      Acre Lot in Gilbert, AZ

      One-acre lot in Gilbert, Arizona, ideal for custom home.
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    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Retail Space in Gilbert, Arizona

      Prime retail spaces with drive-thru in high-traffic Gilbert location.
      Sec Higley Rd & Ocotillo Rd, Gilbert, AZ 85298
      View Details
    • $42 SF/Yr
      4,080 SF

      Retail Space in Gilbert, Arizona

      Retail space available for lease in Gilbert, Arizona.
      4828 S Val Vista Dr, Gilbert, AZ 85298
      View Details
    • Contact for pricing
      49,658 SF

      Queen Creek Marketplace Shop Space

      High-demand Gilbert retail space available.
      23908 Power Rd, Gilbert, AZ 85298
      View Details
    • Contact for pricing
      2,593 SF

      Retail Space Near Gilbert Park

      Retail space in Gilbert, near residential and school areas.
      6225 S Higley Rd, Gilbert, AZ 85298
      View Details
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    4865 Higley Rd
    Gilbert, AZ 85298-5801
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    Realmo Value Estimation

    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.

    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.

    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
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