240 Pasadena StGilbert, AZ 85233

Property Details for 240 Pasadena St

Year built

1997

Construction

CONCRETE

Lot size

0.60 AC

Property size (Sq ft)

2,510 SF

Zone code

LI

Property type

Office buildings

APN

302-23-020

APU

30223020

Description

This exceptional Gilbert property, located at 240 N Pasadena St, offers a unique blend of office and industrial space, ideal for a variety of businesses. The 2,510 square foot building, constructed in 1997, sits on a 0.6-acre lot (APN 302-23-020) and is classified as Class C. The property boasts a convenient location, just 2.4 miles from the US-60 Freeway via N McQueen Rd, providing easy access to major transportation routes. The office space features a well-designed layout including a reception area, seven individual offices, a conference room, a break room, a bullpen area, and two restrooms. Adding to its versatility, the property includes a gated and secured contractor yard, complemented by an approximately 4,600 square foot canopy, providing ample space for equipment storage and operations. Monument signage is available, offering excellent visibility and branding opportunities. This property presents a compelling investment opportunity at an asking price of $1,400,000. The combination of office space, secure yard, and prime location makes this an attractive option for businesses seeking a functional and strategically located facility in the thriving Gilbert, Arizona market (zip code 85233).

• CAP approach

  CAP return

  Valuation

  6%

  $744,339

  6.5%

  $687,082

  7%

  $638,005

• Comparable approach

  Method

  Valuation

  Relative Method

  $527,685

  Geo Method

  $527,685

• Alternative Use

  Use

  Valuation

  Residential

  $851,982

  Hospitality

  $780,411

  Educational

  $649,293

  Medical

  $671,623

  Retail

  $1,010,011

Location Insight

City

Gilbert

County

Maricopa

State

Arizona

Latitude

33.3545

Longitude

-111.828

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].