Property profile

5656 Power Rd 1 Gilbert, AZ 85295

OFF-MARKET
Hospitals
Property ID
US07-0634738
39,734 SF 0.87 ac lot Built 2004
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 2004
Construction CONCRETE
Total area 39,734 SF
Lot 0.87 ac (37,826 SF)
Zoning code BP
APN 304-38-987
UPID US07-0634738

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
  • Physician
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

5656 Power Rd, Unit 1 Gilbert, AZ 85295-8480
Gilbert metro Census 815201 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.32M
Comparable Approach Comparable
$14.58M
Blend (final) Blend
$8.71M

Owner & transaction history

since 2021
Last sale
$10.5M
5 recorded transactions
2021
$10.5M
2011
$17.1M
2007
Price N/A
2005
$716,000
2005
$503,475

Zoning & alternative use

BP · Gilbert, AZ
Zoning description

This district permits integrated campus style office development serving high technology, research and development, office, service and light industrial uses. Limited business service uses serving the development may be…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $17.6M +73.7%
Retail stores $14.6M +43.6%
Neighborhood: shopping center $14.5M +42.4%

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
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