900 Gilbert Rd Gilbert, AZ 85296-3434
- Banks
- 4,465 SF
- 1.51 lot acres
Current Use by Public Records
- Bank of America (with Drive-thru ATM) / Bank / Financial Consultant
- Mortgage, Bank of America / Mortgage Broker / Mortgage Lender
Property Details for 900 Gilbert Rd
- Year built
- 2003
- Construction
- CONCRETE
- Lot size
- 1.51 lot acres
- Property size
- 4,465 SF
- Zone code
- C-C
- Property type
- Banks
- APN
- 302-82-979
- APU
- 30282979
Description
This exceptional 4,612 square foot retail property, located at 900 S Gilbert Rd in Gilbert, Arizona, presents a unique investment opportunity. Built in 2003, this former bank branch boasts a highly desirable drive-thru feature, a significant advantage for numerous retail businesses. The property sits on a spacious 1.508-acre lot, providing ample space for expansion or additional development. The permitted zoning is SC, offering flexibility for a variety of uses. The property's APN is 302-82-979. Situated in an excellent Gilbert submarket, this location benefits from high surrounding demographics and significant traffic counts, ensuring strong visibility and potential customer reach. The property is available for lease, build-to-suit options, or a ground lease, providing adaptable solutions for prospective tenants. This is an exceptional opportunity to establish a thriving business in a prime Gilbert location with existing infrastructure and high-traffic exposure. The property's size and features make it suitable for a wide range of retail concepts. Consider the potential of this well-located, versatile space to meet your business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,850,000
- 6.5%
- $1,765,000
- 7%
- $1,860,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,780,000
- Geo Method
- $1,810,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,970,000
- Retail
- $1,655,000
- Mixed-Use
- $1,760,000
- Hospitality
- $2,015,000
- Educational
- $1,570,000
- Residential Income
- $1,965,000
- Energy
- $1,990,000
- Income-Based Land
- $2,100,000
- Food Service
- $2,080,000
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.791
- Latitude
- 33.3339
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA