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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Office buildings
908 Chandler Blvd, Chandler, AZ 85225-2548
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-0016437
Property summary
AI-generated overview
This exceptional Chandler, Arizona executive office space, located at 908 W Chandler Blvd, Building D (APN 302-52-117-K), offers two fully furnished suites ideal for professionals. The single-story, 3,297 square foot building, constructed in 1999 and renovated in 2017, boasts a convenient location at the intersection of Chandler Blvd and Alma School Road. Each suite provides between 107 and 119 contiguous square feet of move-in ready space. Currently, 226 square feet are available for lease. The building features a shared break room and waiting area, adding to the professional atmosphere. Rent includes utilities (electricity and water), regular cleaning services, high-speed internet access, and basic office furniture (desks and chairs). The property includes ample parking with 30 spaces available for tenants. The building is zoned for office use and is situated in Maricopa County, Arizona, zip code 85225. This is a fantastic opportunity for businesses seeking a well-maintained, fully-equipped, and conveniently located office space. No elevators are present in this single-story building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1999
Construction
CONCRETE
Total area
3,296 SF
Lot
0.35 ac (15,403 SF)
Zoning code
PAD
APN
302-52-117K
UPID
US07-0016437
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
-
1st Choice Website Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Sharon Adams, L.P.C. Counselor
-
TRAVIS CULLIMORE, DDS Dental Office
-
Healing Heart Home Health Home Health Care Service
-
Dutiful Angels Behavioral Clinic Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$955k
Owner & transaction history
908 W Chandler Boulevard LLC · 1 yrs held
908 W Chandler Boulevard LLC
since 2024
7 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+142.3%
Auto repair, garage
$1.3M
+106.5%
Medical building
$695,000
+13.3%
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 Chandler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chandler 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
OFFICE BUILDING
$615,000
Current use
RETAIL STORES
$1,490,000
Change: +142% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,270,000
Change: +106% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: +13% · Conversion: Easy
WAREHOUSE, STORAGE
$600,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$290 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,908
Tax year 2022
Assessed value
$131,274
Assessed 2024
Previous assessed
$130,951
+0.2% YoY
Effective rate
6.02%
On assessed value
Land market value
$364,200
Improvement market value
$431,400
Total market value
$795,600
Applied tax rate
800,300.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,296 SF
Lot
0.35 ac (15,403 SF)
Zoning code
PAD
APN
302-52-117K
UPID
US07-0016437
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chandler. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$615,000
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$600,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
908 W Chandler Boulevard LLC
Entity
Free & Clear · 1 yrs held
Mailing address
908 W CHANDLER BLVD STE D, CHANDLER, AZ 85225-2551
Ownership since
2024
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
Oct 21, 2024
—
908 W Chandler Boulevard LLC
Robert Bell
Quitclaim Deed
related
—
Aug 12, 2024
—
908 Pg Properties LLC
Mark Poppenberg
Special Warranty Deed
—
Aug 19, 2022
—
Chandana Real Estate LLC
—
Deed
related
$263,000 · Bank Of The West
Jul 30, 2021
—
Chandana Real Estate LLC
—
Deed
related
$450,000 · Bank Of The West
Jun 11, 2021
$1,025,000
Robert Bell
Kimble & Associates LLC
Warranty Deed
—
May 1, 2019
—
Mark Poppenberg
Resolution Fund Management LLC
Grant Deed
—
Mar 11, 2019
—
Chandana Real Estate LLC
—
Deed
related
$476,800 · Wells Fargo Bk
Feb 15, 2019
$480,000
Chandana Real Estate LLC
Resolution Fund Management LLC
Special Warranty Deed
$384,000 · Wells Fargo Bank NA
May 15, 2018
—
Resolution Fund Management LLC
Devictoria LLC
Deed
related
—
Sep 21, 2017
—
Chandler Executive Offices LLC
Shiraz Properties LLC
Grant Deed
—
Feb 10, 2017
—
Shiraz Properties LLC
Ez Homes INC
Grant Deed
—
Feb 6, 2017
$383,000
Ez Homes INC
Nach Adam B|lynmar I LLC
Trustees Deed
related
—
Apr 2, 2007
$690,600
Tech Capital & Leasing LLC
Lynmar I LLC
Grant Deed
$128,252 · Lynmar I LLC
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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