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    Property profile & analytics

    655 Dobson Rd Chandler, AZ 85224

    • Office buildings
    • 45,000 SF
    For Lease
    View listing
    $24 SF/Yr
    Value Estimation
    $7,290,000
    Last Sale
    Jun 13, 2024
    $7,300,000
    Location Intelligence
    Property ID
    US07-0525025
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CHANDLER MEDICAL.DENTAL CENTER / Medical Center
    • Banner Physical Therapy - Chandler / Physical Therapy Clinic / Physical Therapist
    • Sun Life Health OB/GYN / Obstetrician-Gynecologist
    • Arizona Pain Management Clinic / Pain Control Clinic
    • Lilac Ob-Gyn / Obstetrician-Gynecologist

    Property Details for 655 Dobson Rd

    Year built
    2000
    Property size
    45,000 SF
    Property type
    Office buildings
    APN
    303-75-694
    APU
    30375694

    Description

    This exceptional Chandler medical office building, constructed in 2001, offers a prime opportunity for medical professionals seeking flexible and modern space. Located at 655 S Dobson Road, Building B, in the thriving city of Chandler, Arizona (zip code 85224), this property boasts a total of 22,537 square feet and features two suites available for lease. The building offers multiple tenancy options, with a minimum divisible space of 2,018 square feet and a maximum contiguous space of 2,112 square feet. Currently, there are 4,130 square feet of vacant space ready for immediate occupancy. The property provides convenient and ample parking, with a ratio of 5.9 parking spaces per 1,000 square feet. Situated in Maricopa County, this location offers excellent visibility and accessibility for patients and staff. The building's modern design and functionality make it an ideal setting for a variety of medical practices. This is a rare opportunity to secure high-quality medical office space in a desirable Chandler location. Contact us today to learn more about leasing options and schedule a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,740,000
      6.5%
      $7,360,000
      7%
      $7,860,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,285,000
      Geo Method
      $7,555,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,190,000
      Retail
      $7,035,000
      Mixed-Use
      $8,495,000
      Hospitality
      $7,730,000
      Educational
      $6,560,000
      Residential Income
      $7,055,000
      Energy
      $7,410,000
      Income-Based Land
      $6,305,000
      Food Service
      $6,880,000

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8750047
    Latitude
    33.2945203
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $63,404
    $0.00
    $0.00
    $785,681
    -
    $952,300
    $3,809,400
    $4,761,700

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      OFFICE BUILDING • 4,128 SF
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    • Value Estimation by Request
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      OFFICE BUILDING • 6,041 SF
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    655 Dobson Rd
    Chandler, AZ 85224
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    Realmo Value Estimation

    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.

    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.

    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
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