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NWC Power & Elliot Rd - Prime 15+ Acre Development Corner 15 Acres of Commercial Land Offered at $9,147,600 in Gilbert, AZ 85234

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INVESTMENT HIGHLIGHTS

  • Prime corner exposure with full access
  • Active zoning, adjacent projects in motion
  • Priced below replacement at $14/SF
  • Undersupplied infill land in East Valley
  • Ideal for flex, industrial, commercial, or mixed-use

EXECUTIVE SUMMARY

657,320 Sq Ft
2 Miles to Loop 202
Adjacent to Morrison Ranch & The Ranch
Traffic data table:
Power & Elliot: 30,000 VPD (2023) ? 50,000+ VPD (2050 projection)
Elliot Rd (east): 23,600 ? 58,700
Power Rd (north): 6,500 ? 24,500

PROPERTY FACTS

Price $9,147,600
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 15.00 AC
Opportunity Zone Yes
Zoning BP - Business Park/Retail

1 LOT AVAILABLE

Lot

Price $9,147,600
Price Per AC $609,840.00
Lot Size 15.00 AC

LOT 3 POWER COMMERCE PARK MCR 1666-32 EX POR LOT 3 POWER COMMERCE PARK MCR 1666-32 LY W/I SE2 SEC 12 DAF COM SE COR SD SEC TH N 1035F TH W 70F POB TH W 910F TH N 20F TH E 855.97F TH N 77D 46M E 35.74F TH N 9.98F TH N 45D 0M E 26.42F TH S 55.37F POB P

DESCRIPTION

Nearby Developments: The Ranch (311-acre mixed-use): Phase 1 delivery Q4 2026 Morrison Ranch Retail (Fry’s anchored) Avalon Ranch (Mesa): 10-acre commercial site Demographics: 90,000+ households, avg. HH income ~$90,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304-16-958B
Land Assessment
$543,509
Improvements Assessment
$0
Total Assessment
$543,509
  • Listing ID: 37132082

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: NWC Power & Elliot Rd, Gilbert, AZ 85234

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