110 W Park Ave Unit 16 Gilbert, AZ 85233
Downtown Gilbert NeighborhoodEstimated payment $1,915/month
Total Views
181
0.15
Acre
$2,266,000
Price per Acre
6,500
Sq Ft Lot
About This Lot
Discover a rare and exciting opportunity to own a prime piece of land right in the heart of Downtown Gilbert—one of the most vibrant and sought-after destinations in the East Valley. This 6,500 square foot lot is a blank canvas with endless potential, offering sewer and electricity already in place, saving you time and money when it comes to development. Whether you're an investor looking for a high-demand area to buy and hold or a visionary ready to break ground on a custom build, this lot delivers. Zoned for residential use and surrounded by a blend of charming historic homes and modern builds, the possibilities are wide open. Create a stunning single-family home, a contemporary duplex, or a creative infill project that capitalizes on the booming Downtown Gilbert lifestyle. Just steps away from iconic hotspots like Joe's Farm Grill, Postino, The Art House, and the iconic Gilbert Water Tower, this location offers the walkability and energy of an urban lifestyle with the comfort of a close-knit community. With limited land left in Downtown Gilbert, opportunities like this are becoming increasingly rarethis is your chance to stake your claim in one of the most dynamic and rapidly growing areas in the state. Whether you're dreaming of building your forever home or seeking a smart investment with serious upside, this property checks every box. Don't miss outDowntown Gilbert land doesn't come around often.
Property Details
Property Type
- Land
Est. Annual Taxes
- $369
Year Built
- 1950
Lot Details
- 6,500 Sq Ft Lot
- Property is zoned R1
Community Details
- No Home Owners Association
- Lacy Tract Blk 9 Subdivision
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 302-18-138
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $369 | $4,225 | -- | -- |
| 2024 | $371 | $4,024 | -- | -- |
| 2023 | $371 | $21,060 | $4,210 | $16,850 |
| 2022 | $361 | $11,380 | $2,270 | $9,110 |
| 2021 | $374 | $7,820 | $1,560 | $6,260 |
| 2020 | $368 | $6,910 | $1,380 | $5,530 |
| 2019 | $342 | $5,230 | $1,040 | $4,190 |
| 2018 | $332 | $3,130 | $620 | $2,510 |
| 2017 | $322 | $3,620 | $720 | $2,900 |
| 2016 | $330 | $3,370 | $670 | $2,700 |
| 2015 | $301 | $3,120 | $620 | $2,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | For Sale | $339,900 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Clear Title Agency Of Arizona | |
| Warranty Deed | $165,000 | Clear Title Agency Of Arizona | |
| Warranty Deed | -- | Clear Title Agency Of Arizona | |
| Special Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Closed | $50,000 | No Value Available | |
| Previous Owner | $60,000 | Credit Line Revolving |
Source: Public Records
Similar Property in Gilbert, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6866304
APN: 302-18-138
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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