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    Property profile & analytics

    1055 Riggs Rd Chandler, AZ 85249-3670

    • Drug stores
    • 15,120 SF
    • 2.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 16, 2021
    Location Intelligence
    Property ID
    US07-0280658
    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

    • Rodney Koenig, PAC / Pharmacy
    • John P. Mcdonnell, R / Pharmacy
    • Randall Koenig / Pharmacy
    • Michelle Hong / Pharmacy
    • Thorsen Martha S / Doctor / Health

    Property Details for 1055 Riggs Rd

    Year built
    2001
    Construction
    CONCRETE
    Lot size
    2.27 lot acres
    Property size
    15,120 SF
    Zone code
    PAD
    Property type
    Drug stores
    APN
    303-79-838
    APU
    30379838

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.823
    Latitude
    33.2181
    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
    $53,548
    $0.00
    $0.00
    $625,360
    -
    $1,402,900
    $2,387,162
    $3,790,062

    Comparable in this City

    • Value Estimation by Request
      14,605 SF

      3005 Riggs Rd

      DRUG STORE, PHARMACY • 14,605 SF
      3005 Riggs Rd, Chandler, AZ 85249-5130
      View Details
    • Value Estimation by Request
      13,013 SF

      2995 Chandler Hts Rd

      DRUG STORE, PHARMACY • 13,013 SF
      2995 Chandler Hts Rd, Chandler, AZ 85249-3302
      View Details
    • Value Estimation by Request
      14,715 SF

      975 Ocotillo Rd

      DRUG STORE, PHARMACY • 14,715 SF
      975 Ocotillo Rd, Chandler, AZ 85249-3013
      View Details
    • Value Estimation by Request
      3,884 SF

      5080 Gilbert Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,884 SF
      5080 Gilbert Rd, Chandler, AZ 85249-4599
      View Details
    • Value Estimation by Request
      34,932 SF

      4185 Gilbert Rd

      GYM, HEALTH SPA • 34,932 SF
      4185 Gilbert Rd, Chandler, AZ 85249-2722
      View Details
    • Value Estimation by Request
      97,672 SF

      985 Riggs Rd

      GROCERY, SUPERMARKET • 97,672 SF
      985 Riggs Rd, Chandler, AZ 85249-4259
      View Details

    Similar Nearby for Sale

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      Over one acre lot ready for a custom estate.
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    • $15,000,000

      Chandler Land Opportunity

      Land in thriving Chandler employment hub with economic growth.
      11504 E Ocotillo Rd, Chandler, AZ 85249
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    Similar Nearby for Lease

    • Contact for pricing
      11,200 SF

      Retail Space Near Employment Hub

      Retail space in family-oriented center with high visibility.
      940 E Riggs Rd, Chandler, AZ 85249
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Chandler Center

      Well-maintained retail space in Albertson's anchored shopping center.
      2925 E Riggs Rd, Chandler, AZ 85249
      View Details
    • Contact for pricing
      1,838 SF

      Restaurant Space with Modern Design

      Restaurant space built in 2018 with high-quality construction.
      4225 S Gilbert Rd, Chandler, AZ 85249
      View Details
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    1055 Riggs Rd
    Chandler, AZ 85249-3670
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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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