Property profile

5408 Higley Rd Gilbert, AZ 85298

OFF-MARKET
Commercial real estate
Property ID
US07-2195858
8.78 ac lot Built 2017
Individually Owned 17-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Lot 8.78 ac (382,308 SF)
Zoning code CC
APN 304-70-007C
UPID US07-2195858

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5408 Higley Rd Gilbert, AZ 85298
Gilbert metro Census 816002 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
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2009
1 recorded transaction
2009
Price N/A

Zoning & alternative use

CC · Gilbert, AZ
Zoning description

The purpose of Community Commercial zoning is to allow the integration of less intense small to medium scale businesses within proximity of neighborhoods. The uses permitted within CC are limited in size and scale and ar…

General category COMMERCIAL

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 5408 Higley 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