3303 Lindsay Rd Bldg 2Gilbert, AZ 85297

  • Office properties
  • 5.96 AC
For Sale
$887,825 View listing

Property Details for 3303 Lindsay Rd Bldg 2

Lot size
5.96 AC
Zone code
BP
Property type
Office properties
Property subtype
Other office properties
APN
304-55-072A
APU
30455072A

Description

This exceptional Class A office condo, located at 3303 S Lindsay Rd, Building 2, Suite 104 in Gilbert, Arizona, presents a unique owner-user opportunity. Built in 2005 and extensively renovated in 2024, this 2,089 square foot space is ideally suited for executive or medical office use. The asking price is $887,825, translating to $425 per square foot. The property features a thoughtfully designed layout including a reception/waiting area, a conference room, four exam/offices, a bullpen area, nurse stations, a break room, and a restroom. Ample parking is available, with a ratio of 5.27 spaces per 1,000 square feet. The property is situated in a convenient location off Loop 202 and Lindsay Road, within the city of Gilbert, Maricopa County, AZ 85297. The permitted zoning is PAD, City of Gilbert, and the APN is 304-55-048. This single-tenancy building is part of a two-building complex. The modern design and recent renovations ensure a high-quality, efficient workspace. This is an excellent investment for a business seeking a prestigious and functional office space in a thriving area. Don't miss this chance to own your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $68,153,416
    6.5%
    $62,910,848
    7%
    $58,417,216
  • Comparable approach

    Method
    Valuation
    Relative Method
    $50,993,872
    Geo Method
    $50,993,872
  • Alternative Use

    Use
    Valuation
    Residential
    $78,009,456
    Hospitality
    $71,456,240
    Educational
    $59,450,752
    Medical
    $61,495,356
    Retail
    $92,478,944
3303 Lindsay Rd Bldg 2, Gilbert, Arizona

Location Insight

City
Gilbert
County
Maricopa
State
Arizona
Latitude
33.2897
Longitude
-111.774
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
-
-
-
$83
-
$500
-
$500

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