Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11504 E Ocotillo Rd Chandler, AZ 85249

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $15,000,000

    Land in thriving Chandler employment hub with economic growth.

    Lot size:
    24.59 Acres

    Property Features for 11504 E Ocotillo Rd

    General Information

    Lot size
    24.59 Acres

    We can help!

    Listing Contact
    Dan Krantz
    Source: Moodyscre

    Listing Agent: Dan Krantz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Chandler Land Opportunity

    This land is located in Chandler, one of Arizona’s fastest-growing cities. Chandler has a diverse job market with strong employment opportunities in tech, healthcare, and manufacturing. The area is home to a well-educated population, with residents benefiting from local colleges and universities. Chandler is recognized for its economic resilience, with major employers driving growth and stability. The location provides easy access to Phoenix and other metropolitan areas, offering connectivity and resources. Chandler's demographics include a significant number of families and is supported by schools, parks, and recreational facilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8346154
    Latitude
    33.249601

    Nearby Similar for Sale

    • $424,900
      1,145 SF

      Chandler Duplex Investment Opportunity

      Updated duplex with new A/C and roof, generating cash flow.
      721 N Delaware St, Chandler, AZ 85225
      View Details
    • New
      $415,000

      Remodeled Duplex Near Downtown Chandler

      Fully remodeled duplex near downtown Chandler, great investment opportunity.
      436 S Oregon St, Chandler, AZ 85225
      View Details
    • $2,621,464
      7,816 SF

      Chandler Medical Office Investment

      NNN property with leased suites and income potential.
      604 W Warner Rd, Chandler, AZ 85225
      View Details
    • Contact for pricing
      196,615 SF

      Chandler Retail/Restaurant Opportunity

      Prime location for retail and restaurant businesses in Chandler, AZ.
      2855 S Alma School Rd, Chandler, AZ 85248
      View Details
    • Contact for pricing
      1,070,334 SF

      Tilt-Wall Logistics and Distribution Assets

      Portfolio of eleven logistics and distribution assets with value-add opportunity.
      6615 W Boston St, Chandler, AZ 85226
      View Details
    • $464,900
      1,934 SF

      Spacious Carino Villas End-Unit

      Three-bedroom condo with pool view, near Downtown Chandler.
      250 W Queen Creek Rd, Chandler, AZ 85248
      View Details
    • $355,000

      Rancho Del Ray Townhome

      Charming 2 bed, 2 bath townhome with community amenities.
      2600 E Springfield Pl, Chandler, AZ 85286
      View Details
    • $129,000

      Charming Chandler Home with Upgrades

      4-bedroom home with upgrades, community amenities, and convenient location.
      1650 S Arizona Ave, Chandler, AZ 85286
      View Details
    • $3,395,000
      14,157 SF

      Chandler Industrial Warehouse For Sale

      Multi-tenant industrial warehouse in Chandler's industrial corridor.
      128 W Boxelder Pl, Chandler, AZ 85225
      View Details
    • $3,700,000
      18,546 SF

      Chandler Church Facility on 3.19 Acres

      18,546 SF church on 3.19 acres in Chandler, Arizona.
      1260 W Del Rio St, Chandler, AZ 85224
      View Details
    • Contact for pricing
      19,888 SF

      Retail Space in Chandler, Arizona

      Retail spaces available in high-traffic Chandler location near Loop 101.
      3225 West Ray Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      30,133 SF

      Vacant Anchor Space Available

      30,133 SF vacant anchor space in mixed-use center.
      3050 S Gilbert Rd, Chandler, AZ 85286
      View Details

    FAQs

    What type of property is this?
    Land - Land in thriving Chandler employment hub with economic growth.
    Where is this land located?
    The property is located at 11504 E Ocotillo Rd Chandler, AZ.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: - Thriving employment hub with strong job opportunities.; - Family-friendly community with excellent schools and parks.; - Recognized economic resilience driven by major employers.
    (586) 216-1112
    Request Owner's contact information
    11504 E Ocotillo Rd Chandler, AZ 85249
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11504 E Ocotillo Rd
    Chandler, AZ 85249
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11504 E Ocotillo Rd Chandler, AZ 85249
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dan Krantz
    (586) 216-1112
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.