304-55-011 T -, Gilbert, AZ 85295 (MLS# 6200270)

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
Email: 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