Financial
Distress signals
Property profile

3195 W Armstrong Pl Chandler, AZ 85286

FOR LEASE
Flex space
Property ID
US07-1572256
50,710 SF 5.16 ac lot Built 2005
Last sale Apr 2008 · $10,400,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 3195 West Armstrong Place in Chandler, Arizona is a single-tenant office, industrial, or manufacturing building with approximately 66,813 square feet of building area situated on a 5.16-acre lot.

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?
$77k
Tax billed · 2023
Assessed value · 2024$1.63M
Effective rate4.70%

Value estimate

· Sep 2026
$9.69M
$8.72M – $10.65M
Submarket $/SF estimate$13.82M
NOI build-up
Gross scheduled income$922k
Vacancy & credit loss−$158k
Operating expenses−$229k
NOI · 41,157,538.46% cap applied$535k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$39 – $299
Qualifying comparables11

Cap rate analysis

How does the asset earn?
41,157,538.46%
$535k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-1
This district is intended to accommodate those light industrial uses which are not offensive to nearby agricultural, residential, commerc...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.3
Restaurant11.6
Parking Facility11.5

Location

3195 W Armstrong Pl Chandler, AZ 85286
County assessor Recorded deeds · 7 transfers 11 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2225 Germann, Chandler, AZ 85286-1942 $43,300,000 Aug 2024 86,816 SF
2600 Cessna, Chandler, AZ 85286-2814 $26,343,000 Mar 2022 82,120 SF
1600 Hamilton St, Chandler, AZ 85286-1935 $32,500,000 Jan 2022 73,586 SF
3167 Armstrong, Chandler, AZ 85286 $10,000,000 Jan 2021 62,533 SF
1825 Germann, Chandler, AZ 85286-0244 $31,000,000 Dec 2019 88,722 SF
1710 Germann, Chandler, AZ 85286-1948 $3,145,000 Oct 2019 68,750 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?”
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