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    Property profile & analytics

    889 Colorado St Gilbert, AZ 85233-2201

    • Flex space
    • 52,611 SF
    • 6.83 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 22, 2020
    Location Intelligence
    Property ID
    US07-0552066
    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

    • Walters & Wolf / General Contractor / Engineer

    Property Details for 889 Colorado St

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    6.83 lot acres
    Property size
    52,611 SF
    Zone code
    LI
    Property type
    Flex space
    APN
    302-09-521
    APU
    30209521

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.838
    Latitude
    33.366
    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
    $75,169
    $0.00
    $0.00
    $1,744,067
    -
    $2,123,900
    $8,446,200
    $10,570,100

    Comparable in this City

    • Value Estimation by Request
      40,831 SF

      1501 Baseline Rd Ste, Unit 101

      LIGHT INDUSTRIAL • 40,831 SF
      1501 Baseline Rd Ste, Gilbert, AZ 85233-1298
      View Details
    • Value Estimation by Request
      40,831 SF

      1501 Baseline Rd Ste, Unit 103

      LIGHT INDUSTRIAL • 40,831 SF
      1501 Baseline Rd Ste, Gilbert, AZ 85233-1298
      View Details
    • Value Estimation by Request
      40,831 SF

      1501 Baseline Rd Ste, Unit 107

      LIGHT INDUSTRIAL • 40,831 SF
      1501 Baseline Rd Ste, Gilbert, AZ 85233-1298
      View Details
    • Value Estimation by Request
      21,480 SF

      1433 Tech Blvd

      LIGHT INDUSTRIAL • 21,480 SF
      1433 Tech Blvd, Gilbert, AZ 85233-1005
      View Details
    • Value Estimation by Request
      9,505 SF

      300 Pasadena St, Unit 103

      LIGHT INDUSTRIAL • 9,505 SF
      300 Pasadena St, Gilbert, AZ 85233-4516
      View Details
    • Value Estimation by Request
      5,443 SF

      925 107

      Distribution properties • 5,443 SF
      925 107, Gilbert, AZ 85233
      View Details

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      11,424 SF warehouse in Gilbert, Arizona, for sale.
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      3,205 SF Industrial Condo, Excellent Location
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    Similar Nearby for Lease

    • $1.35 SF/Yr
      15,765 SF

      Gilbert Warehouse with Secured Yard

      Spacious warehouse featuring a secured yard and ample power.
      240 N Sunway Dr, Gilbert, AZ 85233
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      Gilbert Flex Space Available

      25,200 SF flex space with freeway access in Gilbert, AZ.
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      View Details
    • $1.30 SF/Yr
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      Industrial Space for Lease

      Industrial space available for lease in Gilbert, Arizona.
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    • $1.35 SF/Yr
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      Gilbert Flex Space For Rent

      Flex space available for lease in Gilbert, Arizona.
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    • $1.29 SF/Yr
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      Gilbert Warehouse with Secured Yard

      Industrial warehouse space featuring secured yard and office mezzanine.
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    • $1.25 SF/Yr
      3,266 SF

      Gilbert Flex Space Available

      Flex space featuring reception, offices, conference room, and restrooms.
      1548 N Tech Blvd, Gilbert, AZ 85233
      View Details
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    889 Colorado St
    Gilbert, AZ 85233-2201
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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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