Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rural Rd Chandler, AZ 85048
    Property profile & analytics

    Rural Rd Chandler, AZ 85048

    View on Map
    • Office properties & Spaces
    • 20,390 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 0 Rural Rd

    Year built
    2006
    Property size
    20,390 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional executive office building, located at 6515 S Rural Rd in Tempe, Arizona, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 2006, the two-story building boasts a total of 20,390 square feet, with 16,034 square feet currently available for lease. Multiple tenancy options are available, ranging from a minimum of 2,481 square feet to a maximum contiguous space of 10,371 square feet, catering to various business needs and sizes. The property is zoned R-O and situated in the desirable Tempe submarket of Maricopa County, offering convenient access to major transportation routes and amenities. The building features ample parking with a ratio of 4 spaces per 1,000 square feet and includes elevators for easy access to all floors. This is an excellent opportunity to establish a presence in a thriving business community. The property's location in the 85048 zip code provides easy access to a vibrant and growing area. The building's modern design and flexible space options make it an ideal choice for businesses of all sizes seeking a high-quality office environment in Tempe, Arizona. Contact us today to learn more about leasing opportunities and explore the possibilities of making this exceptional property your new business home.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.036
    Latitude
    33.2909

    Comparable in this City

    • Value Estimation by Request
      21,310 SF

      4435 Chandler Blvd

      Office Units • 21,310 SF
      4435 Chandler Blvd, Phoenix, AZ 85048
      View Details
    • Value Estimation
      $750,000
      5.08 Acres

      16515 40th St

      CONDOMINIUM OFFICES • 5.08 Acres
      16515 40th St, Phoenix, AZ 85048-0558
      View Details
    • Value Estimation by Request
      17,595 SF

      1238-1244 Chandler Blvd

      Neighborhood centers • 17,595 SF
      1238-1244 Chandler Blvd, Phoenix, AZ 85048
      View Details
    • Value Estimation
      $670,000
      4.31 Acres

      16815 Desert Foothills Pkwy

      CONDOMINIUM OFFICES • 4.31 Acres
      16815 Desert Foothills Pkwy, Phoenix, AZ 85048-8401
      View Details
    • Value Estimation by Request
      1,289 SF

      1345 Chandler Blvd

      Distribution properties • 1,289 SF
      1345 Chandler Blvd, Phoenix, AZ 85048
      View Details
    • Value Estimation by Request
      1.83 Acres

      16625 Desert Foothills Pkwy

      CONDOMINIUM OFFICES • 1.83 Acres
      16625 Desert Foothills Pkwy, Phoenix, AZ 85048-8470
      View Details

    Similar Nearby for Sale

    • $413,616
      1,289 SF

      Phoenix Office Condo with Patio

      Professional office condo with modern amenities, versatile layout, and easy access.
      1345 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    • $645,000
      2,516 SF

      Phoenix Office Space For Sale

      Office space featuring reception, offices, conference rooms, and break room.
      16515 S 40Th St, Phoenix, AZ 85048
      View Details
    • Contact for pricing
      5,172 SF

      Retail Ground Lease For Sale

      15-year ground lease available in Phoenix, Arizona.
      3956 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    • $1,874,070

      Freestanding Industrial Building For Sale

      Freestanding industrial building with showroom and covered parking.
      3838 E Grove St, Phoenix, AZ 85048
      View Details
    • Contact for pricing
      2,002 SF

      Phoenix Auto and Pet Wash

      State-of-the-art car and pet wash in Phoenix metro.
      15625 S 32Nd St, Phoenix, AZ 85048
      View Details
    • $695,000
      1.25 Acres

      Ahwatukee Foothills Land Opportunity

      1.25 acre lot with included home design plans.
      15840 S 22Nd St, Phoenix, AZ 85048
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Professional Office Space For Lease

      Professional office space available for lease.
      4435 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    • $16 SF/Yr

      West Phoenix Office/Retail Suites

      Office and retail suites available for lease in West Phoenix.
      1238 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    • $16 SF/Yr

      West Phoenix Office/Retail Suites

      Office and retail suites available for lease in West Phoenix.
      1238 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    • $21 SF/Yr
      31,936 SF

      South Tempe Office Space Available

      Professional office space for lease in South Tempe Ahwatukee.
      4435 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    • $3,397 /Mo
      14,610 SF

      Renovated Office/Medical Space For Lease

      Newly renovated office/medical space near light rail station in Midtown Phoenix.
      45 E Monterey Way, Phoenix, AZ 85048
      View Details
    • $16 SF/Yr

      Phoenix Medical Office Sublease

      Medical office space available for sublease in Phoenix, Arizona.
      3961 E Chandler Blvd, Phoenix, AZ 85048
      View Details
    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.
    Rural Rd
    Chandler, AZ 85048
    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
    Rural Rd, Chandler, AZ, 85048
    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!