5340 S Power Rd, Gilbert, AZ 85295 Property Records

Maricopa County property record for 5340 S Power Rd, Gilbert, AZ 85295

Property Summary

Property Type	Regional Shopping Center, Mall
Details	42,616 sqft · built 2006
Lot Size	3.48 acres (151,928 sqft)
Owner	Company Name on File
Last Sale	$13,850,026 (Jan 2021)
Tax Bill	$69,894 (2025)
Deeds & Mortgages	Jan 2026 Mortgage Jan 2026 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`304-39-915`

Property Details

APN / Parcel Number

Primary APN	`304-39-915`
Alternative APNs	`1130464472` `304399158`

Interior

Units	12 Units
Stories	1 Story
Building Area	42,616 sqft Gross Area
1st Floor Area	42,616 sqft

Exterior

Year Built	Built 2006
Effective Year Built	Effective 2006
Exterior Material	Precast Concrete Panel
Construction Type	Tilt-Up Concrete
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	151,928 sqft (3.48 acres)
View / Lot	Traffic
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Heating System	Heat Pump
Sewer	Municipal

Location & Zoning

Street Address	5340 S POWER RD
City	GILBERT
State	AZ
Zip	85295-8402
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	R-CH
Legal Description	GILBERT GATEWAY TOWNE CENTER PHASE 2 MCR 864-12
Legal Range	6E
Legal Township	1S
Legal Section	25
Legal Subdivision	GILBERT GATEWAY TOWNE CENTER PHASE 2
Legal Phase	2
Legal Lot Number	4
Jurisdiction	MARICOPA AZ
Township / Civil Division	CHANDLER
Census Block Group	2
Census Block	2009
Census Tract	815201

Owner

5340 S Power Rd, a commercial property, is owned by a company that bought it in January 2021.

Source: Maricopa County records, as of April 10, 2026

Owner of Record	Company Name on File
Mailing Address	11601 SANTA MONICA BLVD, LOS ANGELES, CA 90025-2907
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jan 16, 2026	Deed of Trust, Mortgage · Commercial Mortgage BANC OF CALIFORNIA
Jan 13, 2026	Deed of Trust, Mortgage · Commercial Mortgage BANC OF CALIFORNIA
Jan 7, 2021	Special Warranty Deed, Transfer · Commercial Mortgage ZB NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 7, 2021 · Amount on File
Deed Sale	Jan 7, 2021 · Amount on File
Deed Document Number	202118009
Record Updated	Jun 8, 2026

January 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	5340 S POWER RD, GILBERT, AZ 85295-8402
Transaction Type	Mortgage
Record Updated	Jan 29, 2026
Title Company	OLD REPUBLIC TITLE, OLD REPUBLIC TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11601 SANTA MONICA BLVD, LOS ANGELES, CA 90025-2907

Mortgage

Document Number	0000029426
Date	Jan 16, 2026
Instrument	20260029426

Lender

Name	BANC OF CALIFORNIA
Type	Bank
Address	SANTA ANA, CA 92707

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

January 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARICOPA AZ
Property Address	5340 S POWER RD, GILBERT, AZ 85295-8402
Transaction Type	Mortgage
Record Updated	Jan 21, 2026
Title Company	UNKNOWN, ORTC

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11601 SANTA MONICA BLVD, LOS ANGELES, CA 90025-2907

Mortgage

Document Number	0000020812
Date	Jan 13, 2026
Instrument	20260020812

Lender

Name	BANC OF CALIFORNIA
Type	Bank
Address	SANTA ANA, CA 92707

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

January 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MARICOPA AZ
Recording Date	Jan 7, 2021
Property Address	5340 S POWER RD, GILBERT, AZ 85295-8402
Document Number	0000018009
Map Reference	MB 864 PG 12
Instrument Date	Dec 18, 2020
Instrument	20210018009
Transaction Type	Transfer
Record Updated	Jul 15, 2022
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Verified / From Affidavit
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	10 STATE HOUSE SQ FL 15, 10, HARTFORD, CT 06103-3600

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	11601 SANTA MONICA BLVD, LOS ANGELES, CA 90025-2907

Mortgage

Document Number	0000018010
Date	Jan 7, 2021
Instrument	20210018010

Lender

Name	ZB NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 5340 S Power Rd was $69,894.

Source: Maricopa County assessment roll, as of October 22, 2025

Property Jurisdictions

Type	Name
State	Arizona
County	Maricopa County
Municipality	Gilbert Town
Unified School District	Higley Unified District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$951,785 (+21.71%)	$6,140,545 (-0.9%) Land $2,097,098 Building $4,043,447
2025	$69,894.00	$782,036 (-19.91%)	$6,196,100 (+4.71%) Land $2,165,900 Building $4,030,200
2024		$976,388	$5,917,500 Land $1,666,100 Building $4,251,400
2023	$78,217.00

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

Flood

FEMA maps place 5340 S Power Rd in Zone X, an area of moderate flood risk.

Source: FEMA National Flood Hazard Layer, effective October 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 5340 S Power Rd is low, with a 0.02% annual chance of wildfire.

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

Wildfire Risk	Low lower than 67% of the US · lower than 74% of Arizona
Wildfire Likelihood	0.02% annual chance
Exposure	None 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 System	TOWN OF GILBERT serves 247,600 people · EPA ID AZ0407092
Water Source	Surface water
Last State Inspection	Oct 2025
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Total trihalomethanes resolved · Jul 2017
Treatment and Procedure	Treatment report not submitted Oct 2017
Monitoring and Reporting	53 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 411 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless	5,000 / 5,000
Cox Communications Cable	2,000 / 100

May also be available: Verizon.

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