$2,000,000

18302 E Nunneley Rd Gilbert, AZ 85296

Morrison Ranch Neighborhood

Estimated payment $11,238/month

Total Views 3,851
-- Bed
-- Bath
11,280 Sq Ft
$177 Price per Sq Ft

Highlights

  • 1.76 Acre Lot
  • Wood Flooring
  • Heating Available
  • Gateway Pointe Elementary School Rated A-
  • Central Air

About This Home

50% ownership in a prime commercial property at South 202 & Power Rd, Mesa, AZ. Unbeatable location with high visibility and traffic, ideal for retail, office, or dining. Booming area with strong growth potential. Owner will carry loan based on terms. Rare investment opportunity!

Listing Agent

Dale Eames

Professional Real Estate Negotiators License #BR563643000 Listed on: 06/04/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,990

Year Built

  • Built in 1995

Lot Details

  • 1.76 Acre Lot
  • Wire Fence
  • Property is zoned [AP] AIRPORT

Home Design

  • 11,280 Sq Ft Home
  • Composition Roof
  • Block Exterior
  • Metal Siding

Flooring

  • Wood
  • Concrete

Parking

  • 50 Open Parking Spaces
  • 65 Parking Spaces
  • 15 Covered Spaces
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Septic Tank

Community Details

  • Building Dimensions are approximately 255 SqFt X 300 SqFt
  • Operating Expense $8,990

Listing and Financial Details

  • Assessor Parcel Number 304-29-014-S

Property Details

Property Type

Other

Est. Annual Taxes

$8,990

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Cross Street: Power Rd & San Tan Frwy
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: [AP] AIRPORT
  • Bay Info Bay Size: 40 SqFt x 20 SqFt
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Stories: 2
  • Year Built: 1995
  • Tax Year: 2024
  • Lot Size Acres: 1.76
  • Road Surface Type: Asphalt
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: S
  • Roofing:Composition: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete
  • Living Area: 11280.0

Exterior Features

  • Fencing: Wire
  • Disclosures: None
  • Construction Type: Metal Siding, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 15.0
  • Parking Features: Fenced
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 65.0
  • General Property Description:Covered Parking Spcs: 15.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 65.0
  • Parking Features Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size: approximately 255 SqFt X 300 SqFt
  • Lot Size Sq Ft: 76534.0
  • Parcel #: 304-29-014-S

Multi Family

  • Annual Operating Expense: 8990.0
  • Leasable Area: 76534.0

Tax Info

  • Tax Annual Amount: 8990.0
  • Tax Book Number: 304.00
  • Tax Lot: 0
  • Tax Map Number: 29.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $6,178 $63,241 -- --
2024 $6,840 $62,112 -- --
2023 $6,840 $115,855 $70,295 $45,560
2022 $6,783 $82,776 $41,248 $41,528
2021 $6,899 $80,856 $38,394 $42,462
2020 $6,972 $80,514 $37,620 $42,894
2019 $6,896 $68,454 $26,532 $41,922
2018 $6,656 $61,110 $19,746 $41,364
2017 $6,455 $60,804 $18,288 $42,516
2016 $6,458 $58,536 $19,260 $39,276
2015 $5,838 $48,193 $17,113 $31,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2025 06/04/25 For Sale $2,000,000 +19900.0% $177 / Sq Ft
10/01/2022 10/01/22 Sold $10,000 0.0% $2 / Sq Ft View Prior Sale
09/29/2022 09/29/22 Off Market $10,000 -- --
08/11/2022 08/11/22 For Sale $10,000 -- $2 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Warranty Deed $600,000 Roc Title Agency Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6875449

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-29-014S

Arizona Maricopa County Gilbert 85296 Morrison Ranch

18302 E Nunneley Rd, Gilbert, AZ

For Sale

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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Dale Eames
Listing Agent
Dale Eames
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Professional Real Estate Negotiators
(480) 330-3485