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1777 E Melrose St
Gilbert, AZ 85297
Medical / Life Sciences Development Opp. · Land For Sale
·
7.92 AC
Investment Highlights
- Approximately ±0.85 - 7.92 acres available in Gilbert's healthcare corridor.
- 4-parcel assemblage available for acquisition.
- Convenient access to Loop 202 and Val Vista Drive
- Adjacent to Mercy Gilbert Medical Center and surrounding providers.
- BP zoning supports medical and business park development.
- Near SanTan Village, regional employers, and Phoenix-Mesa Gateway Airport.
Executive Summary
1777 E Melrose Street presents a rare opportunity to acquire approximately ±7.92 acres of medical development land in one of Gilbert's most established and active healthcare corridors. Comprised of four separate parcels that may be acquired together, the property offers a scalable development opportunity immediately adjacent to Mercy Gilbert Medical Center and surrounded by a concentration of healthcare providers, specialty medical practices, professional offices, and supporting commercial amenities.
Zoned BP (Business Park) by the Town of Gilbert, the site is well positioned for medical office, healthcare-related facilities, professional office development, and other permitted business park uses. The property's location within a mature healthcare ecosystem provides direct access to an existing patient base, healthcare workforce, and complementary services that continue to support demand throughout the Southeast Valley.
The offering benefits from excellent regional connectivity via the Loop 202 SanTan Freeway and proximity to major arterial corridors including Val Vista Drive. Nearby destinations such as Mercy Gilbert Medical Center, OrthoArizona, Women's Health Arizona, SanTan Village, and Phoenix-Mesa Gateway Airport further enhance the property's accessibility and long-term appeal. Gilbert continues to attract investment in healthcare, life sciences, and advanced manufacturing, creating a favorable environment for future development and investment.
With approximately ±7.92 acres available in a supply-constrained medical corridor, this offering provides investors, healthcare groups, and developers with the opportunity to establish a significant presence in one of the East Valley's most desirable commercial and healthcare markets.
Zoned BP (Business Park) by the Town of Gilbert, the site is well positioned for medical office, healthcare-related facilities, professional office development, and other permitted business park uses. The property's location within a mature healthcare ecosystem provides direct access to an existing patient base, healthcare workforce, and complementary services that continue to support demand throughout the Southeast Valley.
The offering benefits from excellent regional connectivity via the Loop 202 SanTan Freeway and proximity to major arterial corridors including Val Vista Drive. Nearby destinations such as Mercy Gilbert Medical Center, OrthoArizona, Women's Health Arizona, SanTan Village, and Phoenix-Mesa Gateway Airport further enhance the property's accessibility and long-term appeal. Gilbert continues to attract investment in healthcare, life sciences, and advanced manufacturing, creating a favorable environment for future development and investment.
With approximately ±7.92 acres available in a supply-constrained medical corridor, this offering provides investors, healthcare groups, and developers with the opportunity to establish a significant presence in one of the East Valley's most desirable commercial and healthcare markets.
Property Facts
4 Lots Available
Lot
| Price | $888,624 | Lot Size | 0.85 AC |
| Price Per AC | $1,045,440.00 |
| Price | $888,624 |
| Price Per AC | $1,045,440.00 |
| Lot Size | 0.85 AC |
±0.85-acre parcel offers a compact medical development opportunity within close proximity to Mercy Gilbert Medical Center and a growing concentration of healthcare-related businesses.
Lot
| Price | $4,056,312 | Lot Size | 3.88 AC |
| Price Per AC | $1,045,439.89 |
| Price | $4,056,312 |
| Price Per AC | $1,045,439.89 |
| Lot Size | 3.88 AC |
±3.88-acre development offering one of the largest medical land opportunities within the Mercy Gilbert Medical Center corridor. Positioned in Gilbert's established healthcare district, the site benefits from proximity to major medical providers.
Lot
| Price | $1,463,616 | Lot Size | 1.40 AC |
| Price Per AC | $1,045,440.00 |
| Price | $1,463,616 |
| Price Per AC | $1,045,440.00 |
| Lot Size | 1.40 AC |
±1.40-acre development parcel is positioned within Gilbert's expanding healthcare corridor near Mercy Gilbert Medical Center.
Lot
| Price | $1,871,328 | Lot Size | 1.79 AC |
| Price Per AC | $1,045,439.89 |
| Price | $1,871,328 |
| Price Per AC | $1,045,439.89 |
| Lot Size | 1.79 AC |
±1.79-acre medical development parcel presents an opportunity to establish a healthcare or professional office presence immediately adjacent to one of Gilbert's most active medical corridors.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $115,431 | Total Assessment | $207,110 |
Property Taxes
Parcel Numbers
Land Assessment
$115,431
Improvements Assessment
$0
Total Assessment
$207,110
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