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Property profile & analytics
OFF-MARKET
Estimated value
$2,335,000
Warehouses
133 Comstock Dr Chandler, AZ 85225-1210
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-1078307
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
CONCRETE
Total area
8,393 SF
Lot
0.6 ac (26,232 SF)
Zoning code
I-1
APN
302-29-071
UPID
US07-1078307
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
-
LG Billet USA Industrial Manufacturer Production Facility
-
BDI Logistics Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$2.34M
Owner & transaction history
Arizona Corp Plaza LLC · 6 yrs held
Arizona Corp Plaza LLC
since 2019
7 recorded transactions
Zoning & alternative use
I-1 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.8M
+147.9%
Auto repair, garage
$3.2M
+111.3%
Medical building
$1.8M
+15.9%
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
WAREHOUSE, STORAGE
$1,530,000
Current use
RETAIL STORES
$3,795,000
Change: +148% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,230,000
Change: +111% · Conversion: Easy
MEDICAL BUILDING
$1,775,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$1,565,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.34M
Range $2.10M – $2.57M · ±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
$278 / 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
$6,577
Tax year 2023
Assessed value
$211,167
Assessed 2024
Previous assessed
$171,088
+23.4% YoY
Effective rate
3.11%
On assessed value
Land market value
$233,500
Improvement market value
$1,046,300
Total market value
$1,279,800
Applied tax rate
410,300.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
8,393 SF
Lot
0.6 ac (26,232 SF)
Zoning code
I-1
APN
302-29-071
UPID
US07-1078307
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Chandler, AZ
Zoning I-1 · permitted uses
I-1 · 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
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RETAIL STORES
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Arizona Corp Plaza LLC
Entity
Mailing address
660 NEWPORT CTR DR STE #1300, NEWPORT BEACH, CA 92660-6492
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2019
$15,950,000
Arizona Corp Plaza LLC
Bkm Arizona Corp Plaza 108
Trustees Deed
$10,367,000 · California Bk&tr
Dec 18, 2017
—
Bkm Arizona Corp Plaza 108 LLC
—
Grant Deed
related
$28,100,000 · Cit Bk NA
Jun 27, 2017
—
Bkm Arizona Corp Plaza 108 LLC
—
Deed
related
—
Apr 4, 2016
$8,310,000
Bkm Arizona Corp Plaza 108
Pacific Plaza LLC
Grant Deed
$26,750,000 · Pccp Credit Vi Reit Sub Holdco LLC Pccp Credit Vi Reit Sub Holdco LLC
Jul 31, 2014
—
Pacific Plaza LLC
—
Deed Of Trust
related
$15,014,600 · Bank Of The West
Apr 14, 2009
—
Pacific Plaza LLC
—
Deed Of Trust
related
$3,850,000 · Bank Of The West
Apr 1, 1999
—
Pacific Plaza LLC
Truin Rc LLC
Grant Deed
related
$4,600,000 · National Life Insurance
Dec 12, 1996
$4,700,000
Rc L L C Truin
Rose Corporate Partnershi
Grant Deed
related
—
Apr 19, 1989
—
England Mutu New
—
Deed Of Trust
related
—
Sep 21, 1987
$3,548,564
Cmdc Part Copley
—
Grant Deed
related
—
Sep 1, 1987
$3,548,564
Cmdc Part Copley
Cmdc
Grant Deed
related
—
—
—
Bkm Arizona Corp Plaza 108 LLC
—
Loan Modification
related
—
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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