Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    108 54th St Chandler, AZ 85226-3203

    • Flex space
    • 9,792 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimations
    $685,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-3461677
    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

    • CNC Plastics AZ / Industrial Manufacturer / Production Facility
    • CNC SERVICE ARIZONA / Industrial Manufacturer / Production Facility
    • Cope Plastics, Inc. / Factory / Production Facility

    Property Details for 108 54th St

    Year built
    1986
    Construction
    CONCRETE
    Lot size
    0.12 lot acres
    Property size
    9,792 SF
    Zone code
    I-1
    Property type
    Flex space
    APN
    301-85-125
    APU
    30185125

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $682,000
      Market price range: $323k - $2.89M
      AI Estimate
      $682,000
      Market price range: $323k - $2.89M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.968
    Latitude
    33.3011
    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
    2022
    $4,359
    $0.00
    $0.00
    $92,004
    -
    $145,500
    $412,100
    $557,600

    Comparable in this City

    • Value Estimation by Request
      25,435 SF

      7408 Detroit St

      Distribution properties • 25,435 SF
      7408 Detroit St, Chandler, AZ 85226
      View Details
    • Value Estimation
      $10,830,000
      36,754 SF

      4340 Chandler Blvd

      LIGHT INDUSTRIAL • 36,754 SF
      4340 Chandler Blvd, Chandler, AZ 85226-4972
      View Details
    • Value Estimation
      $9,025,000
      30,625 SF

      6750 Boston St

      LIGHT INDUSTRIAL • 30,625 SF
      6750 Boston St, Chandler, AZ 85226-3346
      View Details
    • Value Estimation by Request
      89,236 SF

      480 54th St

      LIGHT INDUSTRIAL • 89,236 SF
      480 54th St, Chandler, AZ 85226-2545
      View Details
    • Value Estimation
      $14,630,000
      78,150 SF

      50 56th St

      LIGHT INDUSTRIAL • 78,150 SF
      50 56th St, Chandler, AZ 85226-3350
      View Details
    • Value Estimation
      $4,990,000
      25,316 SF

      4043 Kitty Hawk

      LIGHT INDUSTRIAL • 25,316 SF
      4043 Kitty Hawk, Chandler, AZ 85226-4716
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,220 SF

      Chandler Flex Industrial Condo

      5,220 SF flex industrial condo with secured yard.
      106 S 54Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      117,351 SF

      Stellar Airpark Industrial Yard

      Chandler, AZ: 117,351 SF Industrial Space
      550 79Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      58,699 SF

      Chandler Warehouse with HVAC System

      HVAC warehouse with dock and grade level doors in Chandler.
      6900 W Morelos Pl, Chandler, AZ 85226
      View Details
    • Contact for pricing
      105,000 SF

      Industrial Warehouse with Rail Access

      105,000 SF warehouse with cross-dock, rail access, yard.
      235 S 56Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      1,070,334 SF

      Tilt-Wall Logistics and Distribution Assets

      Portfolio of eleven logistics and distribution assets with value-add opportunity.
      6615 W Boston St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      28,305 SF

      Chandler Warehouse with Clean Room

      28,305 SF warehouse featuring a clean room and heavy power.
      5740 W Oakland St, Chandler, AZ 85226
      View Details

    Similar Nearby for Lease

    • $1.30 SF/Yr
      37,663 SF

      Chandler Flex/Industrial Space Available

      Flex/Industrial space available for lease in Chandler, Arizona.
      6150 West Chandler Blvd, Chandler, AZ 85226
      View Details
    • $16 SF/Yr
      25,435 SF

      Chandler Flex/Warehouse Space Available

      Modern industrial space, I-10 frontage, flexible layouts.
      7408 Detroit St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      12,949 SF

      Chandler Warehouse with Secured Yard

      Warehouse with 22' ceilings and large secured asphalt yard.
      4010 W Earhart Way, Chandler, AZ 85226
      View Details
    • $1.35 SF/Yr
      1,360 SF

      Chandler Flex Space Available

      Flex space with I-2 zoning and freeway access.
      6509 W Frye Rd, Chandler, AZ 85226
      View Details
    • $1.35 SF/Yr
      4,480 SF

      Chandler Flex Space Available

      Flex space featuring office and industrial components in Chandler, Arizona.
      6501 W Frye Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      5,886 SF

      Chandler Flex Space Available

      Flex space featuring reception, offices, conference room, and break room.
      110-122 S Southgate Dr, Chandler, AZ 85226
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    108 54th St
    Chandler, AZ 85226-3203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!