4828 Val Vista DrGilbert, AZ 85298
- Medical offices
- 4,332 SF
Property Details for 4828 Val Vista Dr
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 1.03 AC
- Property size (Sq ft)
- 4,332 SF
- Zone code
- SC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 304-72-930
- APU
- 30472930
Description
This exceptional 4,080-square-foot freestanding retail building presents a unique opportunity in the thriving Gilbert market. Boasting a convenient drive-thru, this single-tenant property is situated on a high-traffic corner at the intersection of Val Vista Drive (19,259 cars per day) and Queen Creek Road (16,635 cars per day), offering unparalleled visibility and accessibility. Just two miles from the Loop 202 Freeway, this location benefits from excellent connectivity and exposure to a large customer base. The building, situated on 1.03 acres, underwent a complete remodel in 2020, making it ideally suited for a variety of retail uses. Previously configured as a medical office, the space is fully built-out and ready for immediate occupancy. The property's zoning is CC, and its Maricopa County APN is 304-72-930. This prime location is surrounded by a rapidly developing area, boasting strong demographics with over 253,000 people within a five-mile radius and an average household income exceeding $130,000. This presents a compelling investment opportunity for businesses seeking high visibility and access to a prosperous community. The one-story building is ready for its next chapter.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $728,514
- 6.5%
- $672,475
- 7%
- $624,441
-
Comparable approach
- Method
- Valuation
- Relative Method
- $667,778
- Geo Method
- $667,778
-
Alternative Use
- Use
- Valuation
- Residential
- $833,869
- Hospitality
- $763,819
- Educational
- $635,489
- Medical
- $657,344
- Retail
- $988,538
Location Insight
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Latitude
- 33.2627
- Longitude
- -111.756
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
FAQs
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