304-55-011 T -, Gilbert, AZ 85295
$3,950,000
Property Type:
Land
Lot Size (sq. ft.):
358,012
Status:
Closed
Current Price:
$3,950,000
List Date:
9/27/2022
Last Modified:
2/03/2026
Overview
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.
Listing Details MLS# 6200270
Location, Tax & Legal
- 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
- 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
Contract Information
- For Sale or Lease?
- Sale
- Type
- Exclusive Right To Sell
General Property Description
- Apx Total Acres
- 8.15
- Apx Total Acres G/N
- G
- Price Per Acre
- 523312.88
- # Lots in Listing
- Yes
- Apx SqFt
- 358012
- Price Per SqFt
- 11.91
- Apx SqFt G/N
- G
- Lot Size Dimensions
- Irregular
- Horses
- N
- Street Frontage
- 110
- Zoning
- LI
- Flood Zone
- No
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.
Status Change Info
- Off Market Date
- 2022-09-27
- Under Contract Date
- 2022-05-23
- Close of Escrow Date
- 2022-10-25
Legal Info
- Township
- 2S
- Range
- 6E
- Section
- 6
- Lot Number
- -
More Information
Sold Info
- Loan Type
- Cash
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Special Listing Cond
- N/A
- Yes
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
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Existing Land Use
- Farm
- Yes
- Other (See Rmks)
- Yes
Zoned Presently
- Industrial
- Yes
Potential Use
- Commercial
- Yes
- Industrial
- Yes
- Agricultural
- Yes
- Office
- Yes
- Retail
- Yes
- Pad Site
- Yes
- Ranch
- Yes
- Recreational
- Yes
- See Remarks
- Yes
Parcel Size
- 5.00 - 9.99 Acres
- Yes
Land Features
- Cul-De-Sac
- Yes
Elevation
- 1,001 - 2,000 Ft
- Yes
Elevation Source
- Owner
- Yes
Vegetation
- Row Crop
- Yes
Land Configuration
- Irregular Shape
- Yes
Traffic Count
- 15,001 to 25,000
- Yes
Water Source
- City Franchise
- Yes
- Irrigation Ditch(es) -- Unlined
- Yes
Freeway/Highway
- Frontage
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer - Available
- Yes
- Other
- Yes
Electric
- SRP
- Yes
- Other (See Rmks)
- Yes
Topography
- Laser Level
- Yes
Gas
- SW Gas
- Yes
- Other (See Rmks)
- Yes
Existing Structures
- None
- Yes
Distance to Cable
- Under 350 Feet
- Yes
New Financing
- Cash
- Yes
Distance to Phone
- Under 350 Feet
- Yes
Distance to Water
- Under 350 Feet
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Distance to Electric
- Under 350 Feet
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Distance to Gas
- Under 350 Feet
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Distance to Sewer
- Under 350 Feet
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Environmental
- None
- Yes
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
Existing 1st Loan Type:
Not Applicable
Existing 1st Loan Terms:
Not Applicable
New Financing:
Cash
Environmental:
None
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
Listing Office:
The Brokery
Last Updated: February - 03 - 2026
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