Property profile

848 Gilbert Rd Gilbert, AZ 85234

OFF-MARKET
Retail space
Property ID
US07-2372434
5,000 SF 0.85 ac lot Built 2001
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction CONCRETE
Total area 5,000 SF
Lot 0.85 ac (37,000 SF)
Zoning code C-C
APN 314-01-008A
UPID US07-2372434

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
  • Discount Store (Bike/Boat/Book/etc) Store

Location

848 Gilbert Rd Gilbert, AZ 85234-3310
Gilbert metro Census 422308 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
$1.62M
Blend (final) Blend
$595k

Owner & transaction history

since 2011
5 recorded transactions
2016
Price N/A
2011
$660,000
2010
$465,292
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-C · Gilbert, AZ
Top alternative use upside
Auto repair, garage $2.2M +20.9%

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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