5229 E Baseline Rd, Gilbert, AZ 85234
For Lease
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This exceptional 1.39-acre commercial land parcel, totaling 60,455 square feet, presents a remarkable opportunity in the thriving Gilbert, Arizona market. Situated at the southeast corner of Baseline Road and San Benito Drive, just one block east of Higley Road, this property boasts unparalleled visibility and accessibility. The strategic location ensures high traffic counts and significant exposure to potential customers. The site offers full access, allowing for seamless development and operation. Further enhancing its appeal, monument signage opportunities are available on both Higley Road and Baseline Road, providing excellent branding potential for any business. This single-tenant property in Maricopa County is zoned for commercial use and presents a blank canvas for a variety of development projects. The property's size and location make it ideal for a wide range of commercial ventures, from retail establishments to office spaces. With its prime location and exceptional visibility, this land parcel represents a rare opportunity to establish a strong presence in a rapidly growing area. The address is 5229 E Baseline Rd, Gilbert, AZ 85234.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-3 · Gilbert, AZGilbert. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.