This ±12,010 square foot industrial building sits on a 0.58-acre lot in Mesa, Arizona, at 424 S Gilbert Rd, 85204. Currently configured as an automotive repair shop, this versatile property offers significant potential for various uses, including flex space and warehouse operations. The building features four grade-level doors, approximately 650 square feet of office space, and a desirable 14-20 foot clear ceiling height. Its location provides excellent visibility and accessibility, with frontage on Gilbert Road near the intersection of Broadway Road and Gilbert Road. The property is zoned LC (City of Mesa), allowing for a range of industrial and commercial activities. The asking price is $2,250,000, translating to $187.34 per square foot. The property will be delivered vacant upon sale. The parcel number is 139-01-049F. This is a rare opportunity to acquire a well-located, adaptable industrial property in a thriving market. The substantial size, combined with its convenient location and flexible zoning, makes this an attractive investment for a variety of businesses.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,122,053
Hospitality
$3,775,778
Educational
$3,141,403
Medical
$3,249,441
Retail
$4,886,627
Location Insight
City
Mesa
County
Maricopa
State
Arizona
Latitude
33.4074
Longitude
-111.789
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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