2487 S Gilbert Rd, Gilbert, AZ 85295 Property Records

Maricopa County property record for 2487 S Gilbert Rd, Gilbert, AZ 85295

Property Summary

Property TypeNeighborhood Shopping Center, Strip Center
Details18,400 sqft · built 2002
Lot Size1.91 acres (83,374 sqft)
OwnerCompany Name on Record
Last Sale$10,800,000 (Jun 2013)
Tax Bill$33,985 (2025)
Deeds & MortgagesSep 2018 Mortgage
Flood ZoneZone X (moderate risk)
APN304-44-885

Property Details

APN / Parcel Number

Primary APN304-44-885
Alternative APN
  • 9930425073

Interior

Stories1 Story
Building Area18,400 sqft Total Area
1st Floor Area18,400 sqft

Exterior

Year BuiltBuilt 2002
Exterior MaterialConcrete Block
Construction TypeConcrete
Fire ResistanceMasonry Walls, Wood Interior
Lot Area83,374 sqft (1.91 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemPackage Unit

Location & Zoning

Account Number9930425073
Street Address2487 S GILBERT RD
CityGILBERT
StateAZ
Zip85295-8899
Property CategoryCommercial
Property TypeCommercial > Retail > Neighborhood Shopping Center, Strip Center
Local Zoning CodeSC
Legal DescriptionGILBERT FIESTA MCR 606-04
Legal Range06E
Legal Township01S
Legal Section31
Legal QuarterNW
Quarter-Quarter SectionNW
Legal SubdivisionGILBERT FIESTA
Legal Lot Number3
JurisdictionMARICOPA AZ
Township / Civil DivisionCHANDLER
Census Block Group1
Census Block1016
Census Tract815300

Owner

Source: Maricopa County records, as of November 20, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address4530 E SHEA BLVD STE 100, 100, PHOENIX, AZ 85028-6066
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 26, 2013 · Amount on Record
Deed SaleJun 26, 2013 · Amount on Record
Prior SaleDec 11, 2009 · Amount on Record
Deed Document Number2013-0586979
Record UpdatedJun 8, 2026

September 2018: Grant Deed, Mortgage

Document TypeGrant Deed
JurisdictionMARICOPA AZ
Recording DateSep 21, 2018
Property Address2487 S GILBERT RD, GILBERT, AZ 85295-8899
Instrument DateSep 20, 2018
Instrument711119
Transaction TypeMortgage
Record UpdatedSep 28, 2018
Title CompanyFIDELITY NATIONAL TITLE

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address4530 E SHEA BLVD #100 PHOENIX AZ 850286066, 100, PHOENIX, AZ 85028-6066

Mortgage

Document Number0000711119
DateSep 21, 2018
Instrument711119
Lender
NameMORGAN STANLEY BK
TypeBank
Address1585 BROADWAY # 25TH, NEW YORK, NY 10036-8200
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Maricopa County assessment roll, as of January 1, 2025

Property Jurisdictions

TypeName
StateArizona
CountyMaricopa County
MunicipalityGilbert Town
Unified School DistrictGilbert Unified District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$408,845 (-8.09%)$2,637,707 (-2.16%) Land $1,231,209 Building $1,406,498
2025$33,985.00 (-2.78%)
2024$444,840$2,696,000 Land $1,172,000 Building $1,524,000
2023$34,957.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 2, 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.8% of the US · lower than 99.9% of Arizona
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemTOWN OF GILBERT
serves 247,600 people · EPA ID AZ0407092
Water SourceSurface water
Last State InspectionOct 2025
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Jul 2017
Treatment and ProcedureTreatment report not submitted
Oct 2017
Monitoring and Reporting53
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 382 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless
5,000 / 5,000
Cox Communications
Cable
2,000 / 100
Verizon
Fixed Wireless
300 / 20
CenturyLink
DSL · Fiber in parts of the area
140 / 20
AirFiber WISP
Fixed Wireless
100 / 25
T-Mobile
Fixed Wireless
100 / 20

May also be available: Arizona Network, WeLink Communications.

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