Financial
Distress signals
Property profile

940 N Alma School Rd Chandler, AZ 85224

FOR LEASE
Strip malls
Property ID
US07-0262205
7,890 SF 2.62 ac lot Built 1986
Last sale Sep 2023 · $4,650,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value · 2024$687k
Effective rate6.26%

Value estimate

· Sep 2026
$4.58M
$4.12M – $5.03M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$635/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$245 – $1,323
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
This district is intended to serve several functions by providing central concentrations of uses offering goods or services for larger ar...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.6
Law Firm28.4
Building Supply22.3

Location

940 N Alma School Rd Chandler, AZ 85224
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2050 Dobson, Chandler, AZ 85224-2299 $3,170,000 Feb 2024 6,197 SF
2075 Warner, Chandler, AZ 85224-2109 $2,250,000 Dec 2021 23,321 SF
1050 Chandler, Chandler, AZ 85224-5302 $15,750,000 Oct 2021 6,578 SF
1076 Chandler, Chandler, AZ 85224-5225 $15,750,000 Oct 2021 33,026 SF
930 Alma School, Chandler, AZ 85224-3665 $4,575,000 Aug 2021 31,273 SF
1157 Chandler, Chandler, AZ 85224-5202 $5,550,000 Mar 2021 24,004 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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