Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land in Chandler Title is generated by Realmo AI

    2018 E Pecos Rd, Chandler, AZ 85225

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Exceptional visibility, hard corner location, multiple development possibilities.

    Type:Land
    Lot size:
    1.84 Acres
    Added:
    Mar 4, 2024
    Days on Market:
    819
    Last Refresh:
    May 12 at 10:02 pm

    Property Features for 2018 E Pecos Rd

    General Information

    Standard status
    Active
    Lot size
    1.84 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Trask Switzenberg

    Listing agent Trask Switzenberg License #sa640608000

    Listing office Kidder Mathews

    Listing date Mar 4, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

    HighLights

    • Prime commercial land at a hard corner location offering exceptional visibility.
    • Multiple development possibilities including Build‑to‑Suit and Ground Lease options.
    • Strategic location near major arterials.
    • Proximity to Chandler Gilbert Community College and a significant student population.
    • Located in Chandler, Arizona.
    • Affluent surrounding demographics.

    Overview

    This 1.837 AC commercial land is located in Chandler, Arizona, at the NEC Cooper Rd & Pecos Rd. The property features a hard corner location and offers exceptional visibility. Multiple development possibilities exist, including Build-to-Suit and Ground Lease options. The site is strategically positioned near major arterials like Chandler Blvd and the AZ Loop 202. It benefits from proximity to key amenities and a significant student population from Chandler Gilbert Community College. The surrounding demographics suggest an affluent area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8775081
    Latitude
    33.2932671

    Nearby Similar for Sale

    • $1,025,000

      Chandler Land Investment Opportunity

      Industrial zoned land near upcoming development in Chandler, Arizona.
      514 E BOSTON Circle, Chandler, AZ 85225
      View Details
    • $1,000,000

      Chandler Land Near Golf Course

      2.6 acres near Bear Creek Golf Course in Chandler.
      11739 E CHANDLER HEIGHTS Road, Chandler, AZ 85249
      View Details
    • $450,000

      Vacant Lot in Coronado Estates

      Vacant lot in gated community, convenient location, top-rated schools.
      2850 W MONTEREY Place, Chandler, AZ 85224
      View Details
    • $900,000

      Chandler Land Opportunity

      Finished lot in private subdivision for custom home.
      2095 S BEVERLY Place, Chandler, AZ 85286
      View Details
    • $895,000

      Chandler Multifamily Property For Sale

      Multifamily property for sale in Chandler, Arizona.
      815 W RAY Road, Chandler, AZ 85225
      View Details
    • $1,650,000
      5,580 SF

      Chandler Industrial/Retail Investment Opportunity

      5,580 SF suite in Chandler, zoned I-1.
      2-6948 W Chandler Boulevard, Chandler, AZ 85226
      View Details
    • $1,300,000

      Stellar Airpark Lot For Sale

      Premier lot in Stellar Airpark, ideal for jet/helicopter clients.
      4311 W BEECHCRAFT Place, Chandler, AZ 85226
      View Details
    • $1,100,000
      1,655 SF

      Chandler Office Investment Opportunity

      Office space for sale in Chandler, user/investment opportunity.
      575 W Chandler Blvd, Chandler, AZ
      View Details
    • $1,009,000

      Chandler Land with Utilities

      Prime 1.85-acre lot with utilities, ready for custom build.
      12417 E Cloud Road, Chandler, AZ 85249
      View Details
    • $895,000

      Chandler Multifamily Property For Sale

      Multifamily property in Chandler, Arizona, available for purchase.
      819 W RAY Road, Chandler, AZ 85225
      View Details
    • $1,236,000
      3,296 SF

      Turn-Key Office Condominium Unit

      Standalone office condo near Loop 101, 202, and SR-87.
      908 W Chandler Blvd, Bldg D, Chandler, AZ 85225
      View Details
    • $1,750,000
      9,692 SF

      Chandler Office Building For Sale

      Office building with frontage on Ray Rd in Chandler, AZ.
      78 W Ray Rd, Chandler, AZ
      View Details

    FAQs

    What type of property is this?
    Commercial land - Exceptional visibility, hard corner location, multiple development possibilities.
    Where is this commercial land located?
    The property is located at 2018 E Pecos Rd Chandler, AZ.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Prime commercial land at a hard corner location offering exceptional visibility.; Multiple development possibilities including Build‑to‑Suit and Ground Lease options.; Strategic location near major arterials.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Trask Switzenberg
    Real Estate License ID: sa640608000
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2018 E Pecos Rd, Chandler, AZ 85225
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!