5230 Power Rd Gilbert, AZ 85295-8478
Property profile & analytics
5230 Power Rd, Gilbert, AZ 85295-8478
- Auto shops
- 4,054 SF
- 2.36 lot acres
Property ID
US07-2011596
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.
Location Intelligence
Current Use by Public Records
- Shell / Car Wash
- Walmart Deli / Food Market / Restaurant
- Lawrence and Sons / Car Wash
- Auto Glass 2020 / Auto Repair Shop / (Bike/Boat/Book/etc) Store
- U-Haul Neighborhood Dealer / Car Rental Facility
Property Details for 5230 Power Rd
- Year built
- 2007
- Construction
- CONCRETE
- Lot size
- 2.36 lot acres
- Zone code
- R-3
- Property type
- Auto shops
- APN
- 304-39-913
- APU
- 30439913
Description
This exceptional investment opportunity presents a thriving, established car wash in Gilbert, Arizona. Located at 5230 S Power Rd, this 14,460 square foot facility sits on a 102,861 square foot lot and boasts a strong, loyal customer base. The business model includes full-service and express car washes, along with detailing, oil changes, and specialized services like ceramic coating and paint correction, creating diverse revenue streams. The property benefits from a prime location in a high-traffic area, next to a Walmart, further enhanced by its proximity to a Shell gas station with 24 pumps. The car wash itself features two detail bays and four service bays, plus free vacuums for customers. Operating hours are 7 AM to 6 PM daily. The current lease is NNN, commencing January 3, 2005, and expiring April 30, 2069, offering a remaining term of 44.5 years. Rent bumps are included. The property's strong performance is reflected in its impressive NOI of $525,920 and a 12.23% cap rate. This turnkey operation offers significant growth potential in a rapidly expanding market, making it an attractive investment with a compelling return. The property's APN is 30439913. This is a truly exceptional opportunity for a savvy investor seeking a stable, high-performing asset with long-term growth prospects.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $12,980,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.69
- Latitude
- 33.3211
- 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
$45,320
$0.00
$0.00
$754,413
-
$2,726,200
$1,846,001
$4,572,201
