*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!
Property Details
Property Features
Listing Office:
Office Name: The Firm RE
Office Phone: (480) 716-1400
Listing Agent: Hannah Hammond
Lot Features
Lot Information:
Lot: See Remarks
Lot Size: 1.25 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $575,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
9
/10
Chandler Traditional Academy - Liberty Campus
550 N Emmett Dr
Distance between this listing and this school0.67 miles
Public District Grades KG-6
3
/10
Sanborn Elementary School
700 N Superstition Blvd
Distance between this listing and this school0.92 miles
Public District Grades KG-6
3
/10
Shumway Elementary School
1325 N Shumway Ave
Distance between this listing and this school1.00 miles
Public District Grades PK-6
Nearby Schools
7
/10
Legacy Traditional School North Chandler
1900 N McQueen Rd
Distance between this listing and this school1.56 miles
Public Charter Grades KG-8
7
/10
South Valley Junior High School
2034 S Lindsay Rd
Distance between this listing and this school1.75 miles
Public District Grades 7-8
4
/10
Champion Chandler
222 South McQueen Road
Distance between this listing and this school1.84 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Leading Edge Academy Gilbert Early College
717 W Ray Rd
Distance between this listing and this school0.10 miles
Public Charter Grades 7-12
6
/10
Leading Edge Academy Online
633 E Ray Rd Ste 132
Distance between this listing and this school1.62 miles
Public Charter Grades 6-12
5
/10
Chandler Online Academy
1205 E Frye Rd Bldg B
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $75,933. The majority of Gilbert, AZ residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Gilbert, AZ
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Gilbert, AZ.
Gilbert's housing market is diverse, offering a range of options from spacious single-family homes to convenient apartments and townhouses. The architectural styles vary, with a prevalence of contemporary and ranch-style homes reflecting the area's growth spurt in the late 20th and early 21st centuries. The homeownership rate is high, with a significant majority of residents owning their homes, while the remainder of the population resides in rental properties.
What is it like to live in Gilbert, AZ?
Gilbert is celebrated for its family-friendly atmosphere and community-oriented lifestyle. The town prides itself on its well-maintained parks, recreational facilities, and a calendar filled with community events and festivals that showcase local traditions and foster a strong sense of belonging among residents.
Is it easy to get around Gilbert, AZ without a car?
The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare is accessible through local clinics and a regional hospital equipped with various specialized services. Gilbert also features a network of public libraries and a vibrant retail and dining scene that mirrors the town's cultural diversity.
Transportation in Gilbert, AZ.
Transportation in Gilbert includes a mix of private and public transit options, with local bus services operating on a set schedule. The town is characterized by areas of high walkability, particularly around the downtown core, and has made investments in bike lanes to encourage cycling. Major roads and highways connect Gilbert to neighboring cities, facilitating commuting and regional travel.
Frequently Asked Questions About 647 W Ray Rd Unit 2
What is the listing price of this property?
The listing price of 647 W Ray Rd Unit 2 property is $575,000.
What type of property is this?
The property 647 W Ray Rd Unit 2 is land located in Gilbert, Arizona, 85233.
Is this property for sale now?
Active Listing: 647 W Ray Rd Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 647 W Ray Rd Unit 2 in Gilbert, AZ and zip code 85233. This home sits on a 1.25 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $575,000.
In November 2024, from all listings sold in Gilbert, AZ there were more than 28 sold above asking price, over 133 sold below and more than 46 were sold right at the asked price. The number of listings in Gilbert, AZ decreased by 3.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $586,666, while the average time on the real estate market was 61 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
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