NWC Loop 202 and Higley



  • A 40 acre full diamond intersection corner
    • Full Diamonds are every two miles on Loop 202 in SE Valley
    • Very few parcels left in SE Valley on full diamonds
  • Higley Road
    • Town of Gilbert will complete 4 lanes, street lights, and a median in 2016.
    • The Town installed a median break for the parcel
  • Housing Growth
    • Gilbert’s housing growth remains the fastest of any city in Arizona with 1,435 housing permits pulled in 2014
    • 1,990 homes slated to be built North of the 202; 6,500-7,000 future residents
  • Employment Growth
    • Price Road Corridor has shown considerable growth with office and industrial activity and is spilling over into adjacent cities
    • Apple acquired the one million sf manufacturing plant, formerly the First Solar facility
  • University Growth
    • ASU Polytechnic Campus
      • Planning to double in size from 10,000 to 20,000 students
  • Demographics
    • Second highest household incomes in Arizona behind Scottsdale ($94,170)
  • Traffic Counts
    • Higley is tied with Val Vista as the second highest carried traffic road in Gilbert at 26,000 vpd.
    • Gilbert Road at 31,000 vpd.
  •  Zoning
    • Currently zoned R-1-43 in Maricopa County.
    • Town of Gilbert General Plan shows B.P., Business Park.
    • Intended to be zoned for mixed use development and annexed into Gilbert.
  •  Key Demographics                         1 Mile                 3 Mile                5 Mile
    • Population                              11,334                 91,855               238,348
    • Avg Household Income         $94,170              $95,035             $85,204
    • Median Home Price               $230,383            $218,566           $197,857
    • Median age                             30                         31                       33
  •  Utilities
    • All available to the site. “Will serve” letters received.
  •  Price
    • Sold Dec 6, 2016
Higley & 202 Brochure