1238-1244 Chandler Blvd, Phoenix, AZ 85048
This exceptional 17,595 square foot multi-tenant property, located at 1238-1244 E Chandler Blvd in Phoenix, Arizona (zip code 85048), presents a unique investment opportunity. Situated on a 1.23-acre lot in the West Phoenix/Maryvale Ret submarket of Maricopa County, this building was constructed in 1994 and is zoned PCD. Currently, 4,007 square feet of space is available for lease. The property's previous use as a school, daycare, and educational facility offers a versatile layout. Key features include nine large rooms, a small kitchen, three offices, and eighteen restrooms. The expansive outdoor area boasts three fenced play yards, two covered play areas, and a basketball court. This property is ideal for a variety of businesses seeking a well-established location with ample space and unique amenities. The property type is listed as Retail and Office, with the subtype being Executive Office and Strip Center. This presents a rare opportunity to acquire a substantial property in a desirable location with significant potential for redevelopment or continued use as an educational or similar facility. The property's location provides easy access to major transportation routes and is within close proximity to various amenities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.