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    Property profile & analytics

    881 Arizona Ave Gilbert, AZ 85233-2217

    • Auto shops
    • 1,884 SF
    • 1.82 lot acres
    OFF-MARKET
    Value Estimation
    $3,120,000
    Last Sale
    Nov 12, 2021
    $3,400,000
    Location Intelligence
    Property ID
    US07-1998023
    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.

    Current Use by Public Records

    • Premier Auto Service - Gilbert / Car Battery Store / Car Inspection Station
    • Premier Auto Center - Scott Says Yes / Used Car Dealer
    • Premier Auto Center - Gilbert / Used Car Dealer / Car Finance And Loan Company
    • Arizona Deal Doctor / Motor Vehicle Dealer
    • Tami Gold Ring / Used Car Dealer

    Property Details for 881 Arizona Ave

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    1.82 lot acres
    Property size
    1,884 SF
    Zone code
    GC
    Property type
    Auto shops
    APN
    302-09-541
    APU
    30209541

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,540,000
      6.5%
      $3,095,000
      7%
      $3,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,920,000
      Geo Method
      $3,010,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,200,000
      Retail
      $2,945,000
      Mixed-Use
      $3,085,000
      Hospitality
      $3,415,000
      Educational
      $3,420,000
      Residential Income
      $3,405,000
      Energy
      $3,475,000
      Income-Based Land
      $3,100,000
      Food Service
      $3,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.841
    Latitude
    33.3658
    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
    $20,024
    $0.00
    $0.00
    $533,548
    -
    $1,980,800
    $1,252,821
    $3,233,621

    Comparable in this City

    • Value Estimation by Request
      24,242 SF

      1301 Colorado St

      AUTO REPAIR, GARAGE • 24,242 SF
      1301 Colorado St, Gilbert, AZ 85233-1611
      View Details
    • Value Estimation by Request
      6,000 SF

      701 Cooper Rd

      AUTO REPAIR, GARAGE • 6,000 SF
      701 Cooper Rd, Gilbert, AZ 85233-3703
      View Details
    • Value Estimation by Request
      15,490 SF

      1740 Elliot Rd

      AUTO REPAIR, GARAGE • 15,490 SF
      1740 Elliot Rd, Gilbert, AZ 85233-5004
      View Details
    • Value Estimation by Request
      13,843 SF

      1508 Scott Ave

      AUTO REPAIR, GARAGE • 13,843 SF
      1508 Scott Ave, Gilbert, AZ 85233-3047
      View Details
    • Value Estimation by Request
      2,850 SF

      735 Warner Rd

      AUTO REPAIR, GARAGE • 2,850 SF
      735 Warner Rd, Gilbert, AZ 85233-7270
      View Details
    • Value Estimation
      $1,715,000
      3,191 SF

      797 Guadalupe Rd

      AUTO REPAIR, GARAGE • 3,191 SF
      797 Guadalupe Rd, Gilbert, AZ 85233-3213
      View Details

    Similar Nearby for Sale

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      Automotive Sales and Service Center

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    Similar Nearby for Lease

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      Retail space available at a high-traffic Gilbert intersection.
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      Retail and Restaurant Space Available

      Retail and restaurant spaces with outdoor dining, available Q3 2023.
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    • $13 SF/Yr
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      Fiesta Center: Gilbert Office/Warehouse

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      Corner Property for Lease

      Corner property for lease, ideal for retail or office use.
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      Retail Space on Baseline Road

      Retail property with high visibility and traffic in Gilbert, Arizona.
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      View Details

    Property Visit Statistics

    • Visits by month
      14.9k
    • Visitors by month
      9.9k
    • Avg Time on site
      12 min
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    881 Arizona Ave
    Gilbert, AZ 85233-2217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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