3196 S Ranch House Ct

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3196 S Ranch House Ct

Gilbert, AZ 85295
Asking Price
$3.20M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset totaling 5.18 acres for sale
  • Located in the growing city of Gilbert, Arizona
  • Priced at an asking price of 3,200,000 dollars
  • Property sits at coordinates 33.3074, -111.7436 in the 85295 zip code
  • Flexible site suitable for diverse commercial development projects

What's Special

This commercial land is available for sale, providing a strategic option for developers or investors seeking to establish a footprint in Gilbert, Arizona. Encompassing 5.18 acres, the parcel offers substantial space for various commercial development projects within a growing suburban market in the Phoenix metropolitan area. The location benefits from the steady economic expansion of the region, which has become a notable hub for business growth and residential development over the past decade. Given the size and zoning potential typical of this submarket, the site is well-suited for professional office complexes, retail centers, or service-oriented businesses aiming to serve the local population. Investors will find the land provides a blank slate to tailor improvements to current market demands in a high-growth environment. Its accessibility to major transit corridors across Gilbert makes it a practical choice for long-term commercial investment.

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

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