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Property profile & analytics
OFF-MARKET Estimated value $4,370,000
Strip malls

538 Gilbert Rd Gilbert, AZ 85296-2268

16,496 SF 2.12 ac lot Built 2002
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-1573045
Property summary
AI-generated overview

This exceptional 1,225 square foot office suite is located within the Gilbert Professional Center at 538 S Gilbert Road, Gilbert, AZ 85296. The property is part of an established retail center boasting ample parking and high visibility on Gilbert Road, situated between Elliot and Warner Roads. This prime location benefits from strong visibility and a dense population with high average household incomes. The suite is part of a larger 16,487 square foot building zoned G-C, Gilbert, in Maricopa County. The building currently houses a diverse mix of tenants including Board and Brush, Hair by Tiffany, The Little Gym, Curves, a veterinary clinic, a specialty school, Angel Adult Day Center, and Sunrise Senior Care facility, creating a vibrant and established business community. The space is ideal for executive or medical office use, offering a turnkey opportunity to establish or expand your business in a thriving area. The property type is listed as Retail, Office, and the suite is available for immediate occupancy. This is a single-suite tenancy within a multi-tenant building. The property offers excellent frontage and is conveniently located just south of downtown Gilbert.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Construction STEEL FRAME
Total area 16,496 SF
Lot 2.12 ac (92,207 SF)
Zoning code GC
APN 302-35-327A
UPID US07-1573045
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Center For Autism & Related Disorders Medical Clinic
  • The Little Gym Gym & Fitness Center
  • Senior Helpers Home Health Care Service Home Help Service Agency
  • Brookview Animal Wellness Veterinary Hospital & Spay/Neuter Clinic Veterinary Clinic
  • Curves Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.37M
Blend (final) Blend
$4.37M
Owner & transaction history
Mountain West Assets II LLC · 9 yrs held
Mountain West Assets II LLC
since 2016
7 recorded transactions
2025
Price N/A
2016
Price N/A
2015
Price N/A
2013
$909,300
2013
$1.2M
2004
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 function as transitional in nature.

Zone name General Commercial
General category COMMERCIAL
Zone area 1,118.67 ac
Source Realmo
Top alternative use upside
Retail stores $6.1M +0.9%
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