Property profile

505 Gilbert Rd Gilbert, AZ 85296

OFF-MARKET
Day care centers
Property ID
US07-2560704
1,885 SF 1.12 ac lot Built 1940
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1940
Construction CONCRETE
Total area 1,885 SF
Lot 1.12 ac (48,998 SF)
Zoning code C-1
APN 304-23-020Z
UPID US07-2560704

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
  • High School

Location

505 Gilbert Rd Gilbert, AZ 85296-2203
Gilbert metro Census 422404 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
$760k
Blend (final) Blend
$680k

Owner & transaction history

since 2014
7 recorded transactions
2022
Price N/A
2021
Price N/A
2017
Price N/A
2014
Price N/A
2004
$385,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Gilbert, AZ
Top alternative use upside
Auto repair, garage $835,000 +58.4%
Retail stores $690,000 +30.9%
Neighborhood: shopping center $685,000 +29.8%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 505 Gilbert Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message