Movoto Real Estate
Sold on 05/06/2025

647 W Ray Rd #2, Gilbert, AZ 85233

$525,000

Last sold 05/06/2025 after 411 Days

  • bed

  • bath

  • 1.25

    Acre ($421K/Acre)

Lot/Land not for sale

About 647 W Ray Rd #2

Property type Lot/Land
HOA fee $0/month
Lot size 1.25 Acre
Property description
*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!
Listed by
Listing Agent - Hannah Hammond
Listing Office - The Firm RE
Source: ARMLS mls logo
MLS#6680461 • last updated 1 year ago
Movoto checked ARMLS for data 20 minutes ago
Overview
MLS # 6680461
Type Land
Status Closed
Lot Size (Acres) 1.25
Lot Size (Sqft) 54307
Property Tax 7689
Interior
Amenities / Utilities
Water Source See Remarks
Sewer/Septic Other
Location
Subdivision COOPER SQUARE FINISHLINE CARWASH LOT 4 REPLAT
Elementary School District Chandler Unified District
High School District Chandler Unified District
APN 302-83-963
Zoning SC
  • May 2025
    mls logo MLS # 6680461
  • May 6, 2025 Sold
    $525,000 (-8.7%)
  • Apr 1, 2025 Pending
  • May 29, 2024 Price Change
    $575,000 (-4.2%)
  • Mar 21, 2024 Listed
    $600,000 (-39.7%)
  • Jun 2023
    mls logo MLS # 6513125
  • Jun 16, 2023 Price Change
    $995,000 (-87.4%)
  • Jan 30, 2023 Price Change
    $7,900,000 (-7.1%)
  • Jan 27, 2023 Listed
    $8,500,000
  • 647 W Ray Rd #2
    $525K
  • $629K
  • 85233
    $545K -4% y/y
  • Gilbert
    $625K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

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