Sold for $525,000 on 05/05/25
$525,000
647 W Ray Rd #2, Gilbert, AZ 85233
--beds
--baths
1.25Acres
Land
Built in ----
1.25 Acres Lot
$-- Zestimate®
$--/sqft
$2,366 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,366/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
*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!
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 04:52pm
Listed by:
Hannah Hammond 480-490-3269,
The Firm RE,
Amber Monaco 845-492-9501,
The Firm RE
Bought with:
Aartie Aiyer, BR560106000
Aartie Aiyer Realty LLC
Source: ARMLS,MLS#: 6680461

Facts & features
Property
Lot
- Size: 1.25 Acres
Details
- Parcel number: 30283963
- Zoning: SC
Utilities & green energy
- Electric: Other (See Rmks)
- Sewer: Other
- Water: See Remarks
Community & neighborhood
Location
- Region: Gilbert
- Subdivision: COOPER SQUARE FINISHLINE CARWASH LOT 4 REPLAT
Other
Other facts
- Listing terms: Cash,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Sold | $525,000-8.7% |
Source: | ||
| 4/1/2025 | Pending sale | $575,000 |
Source: | ||
| 5/29/2024 | Price change | $575,000-4.2% |
Source: | ||
| 3/21/2024 | Listed for sale | $600,000-39.7% |
Source: | ||
| 1/6/2024 | Listing removed | $995,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 85233
Nearby schools
GreatSchools rating
- 7/10Chandler Traditional Academy - Liberty CampusGrades: PK-6Distance: 0.6 mi
- 5/10Willis Junior High SchoolGrades: 7-8Distance: 1.9 mi
- 10/10Perry High SchoolGrades: 8-12Distance: 5.1 mi
Schools provided by the listing agent
- District: Chandler Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


