One of 94 reachable commercial buildings in Gilbert. Larger than 58% of commercial buildings in Gilbert (median 32,940 SF), derived from assessor records.
County gross building area
38,007 SF, Maricopa County Assessor
Lot size
193,189 SF, Maricopa County Assessor
Year built
2021, Maricopa County Assessor
Stories
1, Maricopa County Assessor
Predominant use
Health & Fitness Club, Maricopa County Assessor
Assessed value
$11,284,442, per the Maricopa County Assessor (not a market appraisal)
Assessed value per building SF
$296.90/SF, derived from assessor records
Building area / lot
0.2, derived from assessor records
Vintage
2020s vintage
County use code
HEALTH & FITNESS CLUB
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $15.3M (estimated market value), with a likely range of $12.2M to $18.1M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $11,284,442 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: 0 comparable sales within 3 miles; nearest 3.9 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $11,268,966 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is 40% above the $286.47/SF median of the shown comparable sales.
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.
Last sold: 2021-09-01 for $11,268,966 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-09-01: $11,268,966 from Germann Power Fitness LLC to Vereit Real Estate LP, rec. 211101898
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $10,940,251 (2026) to $11,284,443 (2027), up 3% over 1 years, per county tax rolls. The 2027 roll splits $11,284,443 into $2,509,500 land and $8,774,942 improvements.