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Property profile & analytics
OFF-MARKET
Estimated value
$2,840,000
Strip malls
4221 Chandler Blvd Phoenix, AZ 85048-8874
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US07-0347883
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
CONCRETE
Total area
6,520 SF
Lot
1.88 ac (81,806 SF)
Zoning code
C-1
APN
301-69-027Q
UPID
US07-0347883
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Arrivederci Trattoria Restaurant
-
Sierra- Hair African Hair/ Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
Shonias Unique Designs Clothing & Fashion Store
-
Hicks Jr Edson C MD Physician
-
Art in the Garden Studio Art Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.84M
Owner & transaction history
Sj Mountainside LLC · 24 yrs held
Sj Mountainside LLC
since 2002
7 recorded transactions
Zoning & alternative use
C-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+173.6%
Restaurant
$3.5M
+109.8%
Auto repair, garage
$2.8M
+66.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,540,000
Change: +174% · Conversion: Easy
RESTAURANT
$3,480,000
Change: +110% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,755,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$1,945,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$1,730,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$2.84M
Range $2.56M – $3.12M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$436 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$49,350
Tax year 2023
Assessed value
$824,347
Assessed 2024
Previous assessed
$673,621
+22.4% YoY
Effective rate
5.99%
On assessed value
Land market value
$2,195,300
Improvement market value
$3,175,903
Total market value
$5,371,203
Applied tax rate
281,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
6,520 SF
Lot
1.88 ac (81,806 SF)
Zoning code
C-1
APN
301-69-027Q
UPID
US07-0347883
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Phoenix, AZ
Zoning C-1 · permitted uses
C-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.5M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.8M
RETAIL STORES
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.88 ac
Current owner
From public records · entity-resolved
Sj Mountainside LLC
Entity
Mailing address
3819 E AMBERWOOD DR, PHOENIX, AZ 85048-7354
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2002
$3,500,000
Sj Mountainside LLC
Ra Three L P
Grant Deed
—
Oct 5, 1998
$3,005,000
Ra Three LP
42 Lakewood LLC
Grant Deed
—
Jul 31, 1996
$600,000
K Development
42nd Boulevard L P
Grant Deed
—
Jun 12, 1996
—
Asset Capital Group L L C
N H C INC
Grant Deed
related
—
Aug 3, 1995
—
N H C INC
Prosper Corporation INC
Quit Claim Deed
related
—
Mar 9, 1995
$725,000
N H C INC
Mountain L L C
Grant Deed
—
Jul 21, 1994
$279,000
St Chandler Blvd L L C 42nd
Mountain LLC
Grant Deed
$150,000
Jan 18, 1994
$440,000
Mountain LLC
Rtc
Grant Deed
$175,000 · Hilton Financial Group
Dec 26, 1990
$744,911
R I C 26 Ltd
Kinder Care Leas
Grant Deed
—
—
—
Lakewood L L C 42
—
Deed Of Trust
related
—
—
—
Lakewood L L C 42
—
Deed Of Trust
related
$1,600,000 · Bank One NA
—
—
Chandler Mini Storage L L C 42
—
Deed Of Trust
related
—
—
—
N H C INC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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