Sure. An actually small 32 bit ARM such as the Cortex M0 or a simple 32 bit RISC-V would be appropriate to compare to the likes of Z80.
It's hard to know much about ARMs but in fully open RISC-V land you have for example https://github.com/SpinalHDL/VexRiscv which can be configured as RV32I at 346 MHz and 0.52 Dhrystone MIPS/MHz on an Artix 7 using 481 LUTs and 539 FFs.
LUTs don't convert conveniently to equivalent gates, but somewhere between 6 and 24 is about right, and probably 12 is a good average. So that's somewhere between 3000 and 12000 gates for the LUTs with 6000 probably being a good guess. D flip-flops are worth 4 gates each I guess, so that's 2000. Total maybe 8000.
Physically a LUT consists of 64 config bits which are selected by 6 address lines. Thus it's 63 muxes, which is lot more than 12 gates. You may be able to get the same effect with discrete gates, or you may be not. It's like data compression - some data compresses well, some data doesn't compress at all. You only can tell, if all 6 inputs are used, you need at least 6 gates. Therefore comparing LUTs to gates is not a good idea.
If you compare to FPGA based cores, such as Picoblaze, your basic RV32I is equivalent of 5 Picoblazes (however I don't think Picoblaze can run at 350 MHz).
However, this is a very basic, very feeble processor. If you start adding features (look at the table you posted:
https://github.com/SpinalHDL/VexRiscv ), by the time you add enough features to make it into a typical 32-bit processor, you get to 2000 LUTs and the speed deceases to 183 MHz - now it's equivalent to 20 Picoblazes and your RISC is now running slower than Picoblaze.
This is a very interesting table, by the way - adding features consumes lots of logic, but performance growth is not great - your fastest RISC is not even 50% faster than the feeble 346 MHz model.
And that's RISC - the best 32-bit CPU the humanity could come up with. If you look at others (such as ARM or Microblaze), the pattern will be the same, but the performance will be even lower.
Note that the 32 bit ARM1 is listed on the Wikipedia page you referenced as having 25000 transistors, about 3x the z80.
If we use the smallest 32-bit processor (ARM1), shouldn't we pick the smallest 8-bit processor for comparison? The table shows 3500 transistors for 6502. Your ARM1 is roughly 7 times bigger.