$3,950,000
Gilbert, AZ 85295
MLS# 6200270
Status: Closed
1 / 9
Property Description
Look no further! This property is a developers dream! Frontage on the soon to be 6 lane Germann Rd and visibility from the Loop 202 South Freeway! Major improvements in the area such as the diamond interchange of Germann Rd, expanding it to 6 lanes and the addition of a freeway on/off ramp at Lindsay Rd and loop 202. The addition of many new commercial, single family and multifamily properties within a 1 mile radius will bring businesses and patrons alike to this area. The increase in traffic and visibility make this property perfect for so many different businesses.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $3,950,000
Sold Price: $3,950,000
Status: Closed
List Date: 2021-02-25
Location, Tax & Legal
Lot #: -
Assessor's Map #: 55
Assessor's Parcel #: 11
Assessor Parcel Ltr: S
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 815300
Taxes: 100
Map Code/Grid: U40
House Number: 304-55-011
Street Name: T
St Suffix: --
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85295
County Code: Maricopa
Assessor Number: 304-55-011-S
Subdivision: N/A
Tax Year: 2020
General Property Description
Apx Total Acres: 8.15
Apx Total Acres G/N: G
Price Per Acre: 523312.88
# Lots in Listing: 1
Apx SqFt: 358012
Price Per SqFt: 11.91
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Flood Zone: No
Horses: N
Street Frontage: 110
Zoning: LI
Legal Info
Range: 6E
Section: 6
Township: 2S
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 3550000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Existing Land Use
Farm: 1
Other (See Rmks): 1
Zoned Presently
Industrial: 1
Potential Use
Commercial: 1
Industrial: 1
Agricultural: 1
Office: 1
Retail: 1
Pad Site: 1
Ranch: 1
Recreational: 1
See Remarks: 1
Parcel Size
5.00 - 9.99 Acres: 1
Land Features
Cul-De-Sac: 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Owner: 1
Vegetation
Row Crop: 1
Land Configuration
Irregular Shape: 1
Traffic Count
15,001 to 25,000: 1
Water Source
City Franchise: 1
Irrigation Ditch(es) -- Unlined: 1
Freeway/Highway
Frontage: 1
Sewer
Sewer - Public: 1
Sewer - Available: 1
Other: 1
Electric
SRP: 1
Other (See Rmks): 1
Topography
Laser Level: 1
Gas
SW Gas: 1
Other (See Rmks): 1
Existing Structures
None: 1
Distance to Cable
Under 350 Feet: 1
New Financing
Cash: 1
Distance to Phone
Under 350 Feet: 1
Distance to Water
Under 350 Feet: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Under 350 Feet: 1
Distance to Gas
Under 350 Feet: 1
Distance to Sewer
Under 350 Feet: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Germann Rd & SIlverado Ct.
Directions: From Loop 202 & Gilbert Rd, head South on Gilbert Rd., East on Germann Rd. to Intersection of Germann Rd. and Silverado Ct. Property located on NE corner.
Geo Lat: 33.277833
Geo Lon: -111.776254
Status Change Info
Off Market Date: 2022-09-27
Under Contract Date: 2022-05-23
Close of Escrow Date: 2022-10-25
Sold Price: $3,950,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Farm; Other (See Rmks)
Zoned Presently: Industrial
Potential Use: Commercial; Industrial; Agricultural; Office; Retail; Pad Site; Ranch; Recreational; See Remarks
Parcel Size: 5.00 - 9.99 Acres
Land Features: Cul-De-Sac
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Row Crop
Land Configuration: Irregular Shape
Traffic Count: 15,001 to 25,000
Topography: Laser Level
Existing Structures: None
Water Source: City Franchise; Irrigation Ditch(es) -- Unlined
Sewer: Sewer - Public; Sewer - Available; Other
Electric: SRP; Other (See Rmks)
Gas: SW Gas; Other (See Rmks)
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Listing Office: The Brokery
Last Updated: October - 26 - 2022
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.