2915 Baseline RdGilbert, AZ 85234

Property Details for 2915 Baseline Rd

Lot size

4.99 AC

Zone code

GC

Property type

Office properties

APN

313-11-045

APU

31311045

Description

This exceptional 2,011 square foot office condominium is situated within the desirable Dana Professional Village Condominiums in Gilbert, Arizona. The property boasts a prime location offering convenient access to US 60, placing it minutes away from Banner Gateway Medical Center and the vibrant Downtown Gilbert area. Benefitting from high visibility, the unit features monument signage along Baseline Road, a major thoroughfare with approximately 30,000 vehicles passing daily, ensuring significant exposure for your business. Currently configured as a professional office space, this move-in ready property is perfectly suited for immediate occupancy. The 0.05-acre lot provides ample space, and the surrounding area is rich with business and retail amenities, catering to a high-demographic population within the highly sought-after Gilbert market. This presents a unique opportunity to establish or expand your business in a thriving and accessible location. The property's strategic placement and existing infrastructure make it an ideal investment for businesses seeking a prominent presence in a rapidly growing community. The turnkey nature of the space minimizes upfront costs and allows for immediate operational efficiency. Don't miss this chance to secure a valuable asset in a highly competitive market.

• CAP approach

  CAP return

  Valuation

  6%

  $68,942,496

  6.5%

  $63,639,224

  7%

  $59,093,564

• Comparable approach

  Method

  Valuation

  Relative Method

  $49,058,236

  Geo Method

  $49,058,236

• Alternative Use

  Use

  Valuation

  Residential

  $78,912,640

  Hospitality

  $72,283,552

  Educational

  $60,139,068

  Medical

  $62,207,340

  Retail

  $93,549,656

Location Insight

City

Gilbert

County

Maricopa

State

Arizona

Latitude

33.3785

Longitude

-111.769

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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