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
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.
More Information MLS# 6200270
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
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
Under 350 Feet: 1
Existing 1st Loan Terms
Not Applicable: 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 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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