1963 E Willis Rd

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1963 E Willis Rd

Gilbert, AZ 85297
Asking Price
Contact for price
Asset Type
Medical Office Land
Class
Class B

AI Property Summary

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

  • The site consists of five acres of land for sale.
  • Property is zoned and designated for medical office development.
  • Located in the growing city of Gilbert, Arizona.
  • Strategically positioned to serve the expanding East Valley medical market.
  • Excellent potential for professional healthcare or clinic facility development.

What's Special

This five-acre land parcel located at 1963 E Willis Rd in Gilbert, AZ, presents a strategic development opportunity. The site is designated for medical office use, situated within a rapidly growing suburban corridor of the Phoenix metropolitan area. Gilbert continues to experience robust population growth and economic development, characterized by a steady influx of professional service businesses and healthcare providers. The surrounding infrastructure supports high-density commercial and medical applications, making this property a functional choice for developers seeking to establish a long-term presence in a key East Valley submarket. Its layout and location accommodate various project scales tailored to clinical or professional health services. Investors and developers will find this site positioned to serve the expanding demand for local healthcare accessibility within this established residential and commercial hub.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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