NOT LISTED FOR SALE

1757 E Baseline Rd Gilbert, AZ 85233

Northwest Gilbert Neighborhood
-- Bed
-- Bath
5,140 Sq Ft
5,140 Sq Ft Lot

Last Sold April 24, 2019

Last sale price $1,000,000 $195 Per Sq Ft

17 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of April 2019

Outstanding investment opportunity, offering a +7% cap rate, within the Gilbert Township Villas! Purchase this 5,140 SF, fully-leased, multi-tenant professional office building with valuable frontage along Baseline Rd. The property features a flexible space configuration, within an established development that caters exceptionally well to clients and staff. The optimal frontage along Baseline Rd., provides a unique exposure opportunity in a highly desired, densely populated, high-traffic area. This property boasts a central East Valley location, with close proximity to several local amenities, popular eateries, and easy access to the US 60, Loop 101, and Loop 202. The property benefits from ample parking, both surface and covered, and strong neighboring businesses.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/18/2019

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/18/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,616

Year Built

  • Built in 2005

Lot Details

  • 5,140 Sq Ft Lot
  • Property is zoned C-N

Home Design

  • 5,140 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 12 Open Parking Spaces
  • 14 Parking Spaces
  • 2 Covered Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Gilbert Township Villas Condominium Subdivision
  • Net Operating Income $74,199

Listing and Financial Details

  • Tax Lot 105
  • Assessor Parcel Number 314-01-015

Property Details

Property Type

Other

Est. Annual Taxes

$10,616

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: US 60 and Gilbert Rd.
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: C-N
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2018
  • Directions: 60 East to Gilbert Rd., head South on Gilbert Rd., to Baseline. Turn right(West) on Baseline, the property will be on the right(South) side of the road, just past Ash St.
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: GILBERT TOWNSHIP VILLAS CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 5140.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Wood Frame
  • Roof: Tile
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 14.0

Utilities

  • Electric: SRP
  • Cooling: Central Air, Office A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 5140.0
  • Parcel #: 314-01-015

Multi Family

  • Property Net Operating Income: 74199.0

Tax Info

  • Tax Annual Amount: 10616.0
  • Tax Book Number: 314.00
  • Tax Lot: 105
  • Tax Map Number: 1.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $1,000,000 -4.8% $195 / Sq Ft
03/18/2019 03/18/19 For Sale $1,050,000 -- $204 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Beth Jo Zeitzer

    Seller's Agent in 2019

    Beth Jo Zeitzer

    R.O.I. Properties

    (602) 653-0352

    Section Image
  • Jason Butler

    Seller Co-Listing Agent in 2019

    Jason Butler

    R.O.I. Properties

    (602) 288-6959

    36 Total Sales

    Jason Butler
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5897890

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Gilbert 85233 Northwest Gilbert

1757 E Baseline Rd, Gilbert, AZ

This home is located at 1757 E Baseline Rd, Gilbert, AZ 85233 since 18 March 2019. This property was built in 2005. 1757 E Baseline Rd is a home located in Maricopa County with nearby schools including Oak Tree Elementary School, Mesquite Junior High School, and Mesquite High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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