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  • Commercial
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Located in the heart of Gilbert, 920 S Gilbert Road--a former IHOP and second-generation restaurant building constructed in 2002--offers an exceptional opportunity for restaurant operators seeking a premier location in one of the Valley's most desirable trade areas. Surrounded by strong demographics and a vibrant mix of retail, office, residential, and civic uses, the property benefits from its proximity to Gilbert Town Square, the Gilbert Civic Center, local schools, and numerous Class A multifamily communities.

Full Property Details for 920 S Gilbert Rd

General

  • Price: $1
  • Taxes: $16,328 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 7048080
  • Updated: Today (6/29/2026)
  • Added to Site: Today

Business

  • Business Type: See Remarks, Food Service, Retail, Restaurant

Rental Information

  • Complex Features: Other (See Remarks)

Interior

  • Flooring: Other

Parking

  • Parking Features: Parking Lot, Paved, See Remarks

Location

  • County: Maricopa
  • Township: 1S
  • Subdivision: GILBERT TOWN SQUARE LOT 1
  • Cross Streets: S Gilbert Rd & E American Heroes Way

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: See Remarks

Utilities

  • Water: See Remarks

Structural Information

  • # Buildings: 1
  • Structure Type: Other (See Remarks), Commercial
  • Exterior Const.: Wood Frame, See Remarks
  • Roof: See Remarks
  • Year Built: 2002

Lot Features

  • Lot Size (Acres): 0.9
  • Lot Size (Sq. Ft.): 39,043
  • Zoning: C-2

Financial Considerations

  • Tax Amount: $16,328
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 1A GILBERT TOWN SQUARE LOT 1 MCR 058341
  • Property ID: 302-82-970
  • Range: 5E
  • Section: 24
  • Lot Number: 1A

Listed by R.O.I. Properties

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— 920 S Gilbert Rd —

  • R.O.I. Properties

  • R.O.I. Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 920 S Gilbert Rd

School District:Gilbert Unified District
NameGradesDistance
Settlers Point Elementary School
423 East Settlers Point Drive, Gilbert, AZ 85296
PK-60.6 mi
Mesquite Jr High School
130 West Mesquite Street, Gilbert, AZ 85233
7-80.9 mi
Mesquite High School
500 South McQueen Road, Gilbert, AZ 85233
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 920 S Gilbert Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/29/2026
Listed
$1
-100%
MLS
7/24/2017
Sold
$4,093,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 920 S Gilbert Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,328
—
$179,830
-39%
2025
$16,328
-3%
$293,733
-15%
2023
$16,795
—
$344,238
15%
2022
$16,814
—
$298,503
8%
2022
$16,814
-6%
$275,958
—
2021
$17,887
1%
$276,192
-3%
2020
$17,623
8%
$286,092
10%
2019
$16,372
3%
$261,108
8%
2018
$15,921
3%
$240,948
-2%
2017
$15,400
-2%
$244,746
10%
2016
$15,789
7%
$221,796
74%
2015
$14,797
-8%
$127,650
-3%
2014
$16,026
-20%
$131,100
-20%
2013
$20,085
—
$164,806
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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920 S Gilbert Road, Gilbert, AZ 85296 (MLS# 7048080) is a Commercial property. 920 S Gilbert Road is currently listed for $1 and was received on June 29, 2026. Want to learn more about 920 S Gilbert Road? Do you have questions about finding other Commercial real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

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