Description

We are offering approximately 0.64 acres of commercial land at 55 W Olive Avenue in Gilbert, Arizona. Priced at $750,000, the property contains roughly 28,000 square feet and is one of the remaining undeveloped commercial parcels near Downtown Gilbert.

The site is zoned General Commercial (GC), supporting a range of retail, office and service-oriented uses subject to municipal requirements. The parcel offers frontage on West Olive Avenue just west of Gilbert Road, providing visibility and convenient access within an established commercial corridor. The property is identified by APNs 302-14-049 and 302-14-050.

The location is approximately one-quarter mile from Downtown Gilbert and is surrounded by restaurants, shops, offices and residential neighborhoods. Regional access is available through Gilbert Road and nearby arterial routes, while the property’s Opportunity Zone location may provide benefits for qualifying investments.

The combination of commercial zoning, infill location and street exposure may suit a developer, investor or owner-user planning a small-scale commercial project. Buyers should confirm permitted uses, utilities, development standards and Opportunity Zone eligibility with the appropriate agencies.