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Property profile & analytics
OFF-MARKET
Estimated value
$32,610,000
Hotels
1205 Price Rd, Chandler, AZ 85286-6150
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US07-2398984
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
CONCRETE
Total area
119,660 SF
Lot
2.93 ac (127,538 SF)
Zoning code
PAD
APN
303-25-777
UPID
US07-2398984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Drury Inn & Suites Phoenix Chandler Fashion Center Hotel & Motel
-
Church of Jesus Christ of Latter Day Saints 3770 South Cooper Road Chandler, Arizona 85249 Church
-
The Kitchen + Bar Restaurant
-
AZ Safety Pros Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.80M
Blend (final)
Blend
$32.61M
Owner & transaction history
Drury Ptshp 2016 Lllp · 9 yrs held
Drury Ptshp 2016 Lllp
since 2017
2 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$54.1M
+13.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chandler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chandler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$47,625,000
Current use
RETAIL STORES
$54,075,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$46,075,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$32.61M
Range $29.35M – $35.87M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$273 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$197,519
Tax year 2023
Assessed value
$2,895,453
Assessed 2024
Previous assessed
$2,456,160
+17.9% YoY
Effective rate
6.82%
On assessed value
Land market value
$3,787,800
Improvement market value
$13,760,400
Total market value
$17,548,200
Applied tax rate
800,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
CONCRETE
Heating
NONE
Stories
8
Units
210
Total area
119,660 SF
Lot
2.93 ac (127,538 SF)
Zoning code
PAD
APN
303-25-777
UPID
US07-2398984
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chandler. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$47.6M
RETAIL STORES
Est. value
$54.1M
AUTO REPAIR, GARAGE
Est. value
$46.1M
HOTEL/MOTEL Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
CONCRETE
Heating
NONE
Stories
8
Units
210
Lot
2.93 ac
Current owner
From public records · entity-resolved
Drury Ptshp 2016 Lllp
Entity
Mailing address
13057 MANCHESTER RD #200, SAINT LOUIS, MO 63131-1807
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2017
—
Drury Ptshp 2016 Lllp
Ddc Hotels INC
Grant Deed
related
$30,000,000 · Central Bk/st Louis
Feb 3, 2017
—
Drury Ptshp 2016 Lllp
Ddc Hotels INC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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