Realmo Analytics

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Financial
Distress signals
Property profile

3200 W Ray Rd Chandler, AZ 85226

FOR LEASE
Office buildings
Property ID
US07-0395462
126,434 SF 8.59 ac lot Built 2000
Last sale Aug 2025 · $17,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$375k
Tax billed · 2023
Assessed value · 2024$5.12M
Effective rate7.32%

Value estimate

· Oct 2026
$29.69M
$26.72M – $32.66M
Submarket $/SF estimate$39.86M
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$17k
Operating expenses−$17k
NOI · 129,747.50% cap applied$52k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$227/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$161 – $315

Cap rate analysis

How does the asset earn?
129,747.50%
$52k 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?
PAD
The Planned Area Development zoning designation is intended to accommodate, encourage and promote inn ovately designed developments invol...
General categoryRESIDENTIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store15.1
Building Supply14.7
Parking Facility14.1

Location

3200 W Ray Rd Chandler, AZ 85226
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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
5505 Chandler Blvd, Chandler, AZ 85226-3683 $1,500,000 Jun 2025 10,424 SF
3100 Ray, Chandler, AZ 85226-2470 $17,500,000 May 2025 136,458 SF
5700 Chandler Blvd, Chandler, AZ 85226-3357 $1,075,000 Nov 2024 9,874 SF
6955 Morelos, Chandler, AZ 85226-4219 $16,836,380 Nov 2024 175,654 SF
5650 Chandler Blvd, Chandler, AZ 85226-3325 $1,275,000 Jun 2024 9,262 SF
4100 Galveston, Chandler, AZ 85226-3452 $17,200,000 Jan 2023 86,361 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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