647 W Ray Road Unit 2, Gilbert, AZ 85233

$525,000

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Sold Price
$525,000
List Price
$575,000
Closing Date
May 05, 2025
Days on Market
376
Status
CLOSED
MLS#
6680461
City
Gilbert
Lot Size
54,307
Subdivision
Cooper Square Finishline Carwash Lot 4 Replat

Property Description

*SELLER IN PROCESS OF REMOVING EGRESS EASEMENT RD THAT CUTS ACROSS PROPERTY AND WILL COMPLETE THIS PROCESS WITH AN ACCEPTED OFFER*Introducing a rare opportunity in the heart of Gilbert, Arizona's thriving commercial landscape! This prime parcel of 1.25 acres boasts unparalleled visibility with frontage on Ray Rd, making it an ideal investment for astute developers and entrepreneurs alike. Strategically zoned for shopping center development, this lot offers endless possibilities for those looking to capitalize on the burgeoning commercial demand in the area. Whether you envision a retail hub, dining destination, or a combination of both, this property is primed and ready to be transformed into a lucrative income-generating asset. Situated in the bustling East Valley growing population make it a magnet for businesses seeking to establish a strong foothold in the region. Don't miss out on the chance to secure your slice of Gilbert's commercial success story. Seize this opportunity to turn your vision into reality and unlock the full potential of this premier commercial lot. Act now and position yourself for success in one of Arizona's most coveted business districts!

Additional Information

School District
Chandler Unified District
Acres
1.25
Electric
Other (See Rmks)
Lot Size
54,307
New Financing
Cash, 1031 Exchange
Sewer
Other
Subdivision
Cooper Square Finishline Carwash Lot 4 Replat
Taxes
$7,689
Tax Year
2023
Water
See Remarks
Zoning
SC

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Calculator source: Real Geeks

Listing courtesy of The Firm RE. Selling Office: Aartie Aiyer Realty LLC.

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