3265 S Market St, Gilbert, AZ 85297
Commercial · Gilbert · Phoenix metro, AZ
One of 94 reachable commercial buildings in Gilbert. Larger than 80% of commercial buildings in Gilbert (median 32,940 SF), derived from assessor records.
- County gross building area
- 61,559 SF, Maricopa County Assessor
- Lot size
- 91,070 SF, Maricopa County Assessor
- Year built
- 2008, Maricopa County Assessor
- Stories
- 4, Maricopa County Assessor
- Predominant use
- Hotel 2 To 4 Stories, Maricopa County Assessor
- Assessed value
- $12,560,254, per the Maricopa County Assessor (not a market appraisal)
- Assessed value per building SF
- $204.04/SF, derived from assessor records
- Building area / lot
- 0.68, derived from assessor records
- Vintage
- 2000s vintage
- County use code
- HOTEL 2 TO 4 STORIES
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 3275 S Market St, Gilbert · 0 mi · 80,981 SF · built 2008 · assessed $220.37/SF
- 3333 S Market St, Gilbert · 0.1 mi · 60,106 SF · built 2018 · assessed $215.14/SF
- 3420 S Mercy Rd, Gilbert · 0.3 mi · 71,587 SF · built 2007 · assessed $303.39/SF
- 3025 S Val Vista Dr, Gilbert · 0.4 mi · 36,619 SF · built 2020 · assessed $363.81/SF
- 3591 S Mercy Rd, Gilbert · 0.5 mi · 56,593 SF · built 2019 · assessed $402.61/SF
- 3755 S Rome St, Gilbert · 0.7 mi · 70,344 SF · built 2019 · assessed $379.01/SF
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Sale history and market context
MakeMe Estimate: $17M (estimated market value), with a likely range of $13.6M to $20.2M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $12,560,254 times a 1.35 market ratio, measured from 3891 verified arm's-length sale prices vs county values (commercial sales across the county, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 5 comparable sales within 3 miles; nearest 0 mi. This property type carries wider measured error; treat the estimate as a starting point.
Comparable sales used as evidence
- 3275 S Market St, Gilbert: $19,475,000 (2022-12), 80,981 SF, $240.49/SF, 0 mi away
- 3025 S Val Vista Dr, Gilbert: $10,650,000 (2021-04), 36,619 SF, $290.83/SF, 0.4 mi away
- 1950 S Santan Village Pkwy, Gilbert: $12,735,000 (2019-06), 42,686 SF, $298.34/SF, 1.7 mi away
- 1800 S Santan Village Pkwy, Gilbert: $25,750,000 (2022-04), 89,888 SF, $286.47/SF, 1.8 mi away
- 2061 S Gilbert Rd, Gilbert: $6,800,000 (2020-07), 42,600 SF, $159.62/SF, 2.6 mi away
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
- 2006-12-01: $1,336,035 from Canyon Oaks Val Vista LLC/Val V Centers INC to Paramount Investor Group LLC (non-market transfer), rec. 061571705
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $12,282,214 (2026) to $12,560,254 (2027), up 2% over 1 years, per county tax rolls. The 2027 roll splits $12,560,254 into $2,213,500 land and $10,346,754 improvements.