Property profile

Gilbert, AZ 85297

OFF-MARKET
Commercial real estate
Property ID
US07-2109148
1.7 ac lot Built 2010
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2010
Lot 1.7 ac (74,257 SF)
Zoning code LI
APN 304-55-423
UPID US07-2109148

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gilbert, AZ 85297
Gilbert metro Census 815300 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$51.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$51.60M

Owner & transaction history

since 2024
Last sale
$51.6M
3 recorded transactions
2025
Price N/A
2024
$51.6M
2008
Price N/A

Zoning & alternative use

LI · Gilbert, AZ
Zoning description

The intent of the Light Industrial zoning district is to provide for wholesale and warehousing uses as well as those manufacturing uses that include fabrication, manufacturing, assembly or processing of materials that ar…

General category INDUSTRIAL

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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