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1777 E Melrose St - Medical / Life Sciences Development Opp. 0.85 - 3.88 Acre Commercial Land Lots Offered at $1,245,371 - $5,684,759 CAD Per Lot in Gilbert, AZ 85297


Investment Highlights
- Approximately ±0.85 - 7.92 acres available in Gilbert's healthcare corridor.
- 4-parcel assemblage available for acquisition.
- Convenient access to Loop 202 and Val Vista Drive
- Adjacent to Mercy Gilbert Medical Center and surrounding providers.
- BP zoning supports medical and business park development.
- Near SanTan Village, regional employers, and Phoenix-Mesa Gateway Airport.
Executive Summary
Zoned BP (Business Park) by the Town of Gilbert, the site is well positioned for medical office, healthcare-related facilities, professional office development, and other permitted business park uses. The property's location within a mature healthcare ecosystem provides direct access to an existing patient base, healthcare workforce, and complementary services that continue to support demand throughout the Southeast Valley.
The offering benefits from excellent regional connectivity via the Loop 202 SanTan Freeway and proximity to major arterial corridors including Val Vista Drive. Nearby destinations such as Mercy Gilbert Medical Center, OrthoArizona, Women's Health Arizona, SanTan Village, and Phoenix-Mesa Gateway Airport further enhance the property's accessibility and long-term appeal. Gilbert continues to attract investment in healthcare, life sciences, and advanced manufacturing, creating a favorable environment for future development and investment.
With approximately ±7.92 acres available in a supply-constrained medical corridor, this offering provides investors, healthcare groups, and developers with the opportunity to establish a significant presence in one of the East Valley's most desirable commercial and healthcare markets.
Property Facts
| Price | $1,245,371 - $11,603,921 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 4 | Total Lot Size | 7.92 AC |
| Property Type | Land | ||
| Zoning | BP - Business Park | ||
| Price | $1,245,371 - $11,603,921 CAD |
| Sale Type | Investment |
| No. Lots | 4 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.92 AC |
| Zoning | BP - Business Park |
4 Lots Available
Lot
| Price | $1,245,371 CAD | Lot Size | 0.85 AC |
| Price Per AC | $1,465,142.40 CAD |
| Price | $1,245,371 CAD |
| Price Per AC | $1,465,142.40 CAD |
| Lot Size | 0.85 AC |
±0.85-acre parcel offers a compact medical development opportunity within close proximity to Mercy Gilbert Medical Center and a growing concentration of healthcare-related businesses.
Lot
| Price | $5,684,759 CAD | Lot Size | 3.88 AC |
| Price Per AC | $1,465,142.24 CAD |
| Price | $5,684,759 CAD |
| Price Per AC | $1,465,142.24 CAD |
| Lot Size | 3.88 AC |
±3.88-acre development offering one of the largest medical land opportunities within the Mercy Gilbert Medical Center corridor. Positioned in Gilbert's established healthcare district, the site benefits from proximity to major medical providers.
Lot
| Price | $2,051,199 CAD | Lot Size | 1.40 AC |
| Price Per AC | $1,465,142.40 CAD |
| Price | $2,051,199 CAD |
| Price Per AC | $1,465,142.40 CAD |
| Lot Size | 1.40 AC |
±1.40-acre development parcel is positioned within Gilbert's expanding healthcare corridor near Mercy Gilbert Medical Center.
Lot
| Price | $2,622,591 CAD | Lot Size | 1.79 AC |
| Price Per AC | $1,465,142.25 CAD |
| Price | $2,622,591 CAD |
| Price Per AC | $1,465,142.25 CAD |
| Lot Size | 1.79 AC |
±1.79-acre medical development parcel presents an opportunity to establish a healthcare or professional office presence immediately adjacent to one of Gilbert's most active medical corridors.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $100,801 CAD | Total Assessment | $229,248 CAD |
Property Taxes
Presented by
1777 E Melrose St - Medical / Life Sciences Development Opp.
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