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Property profile & analytics
OFF-MARKET Estimated value $4,475,000
Strip malls

1929 Ray Rd Chandler, AZ 85225-8722

10,442 SF 1.47 ac lot Built 1996
Entity Owned 4-yr Hold Free & Clear
Property ID
US07-2552862
Property summary
AI-generated overview

This exceptional 999-square-foot retail space is located in a thriving Chandler, Arizona retail center at 1929 E Ray Rd, near the intersection of Ray Road and Cooper Road. The property is classified as Class C and features a single-tenant occupancy. The space is currently vacant and offers a wide-open layout, perfect for customization to suit a variety of business needs. A restroom is conveniently included within the unit. The zoning designation is PAD (Planned Area Development), offering flexibility for potential tenants. The property's Maricopa County Assessor's Parcel Number (APN) is 302-84-946. This location provides excellent visibility and accessibility, making it an attractive opportunity for entrepreneurs seeking a well-situated retail space in a high-traffic area of Chandler. The zip code is 85225. This is a single-tenant retail property offering a blank canvas for your business vision. The open floor plan allows for maximum flexibility in design and layout. The property's convenient location and ample space make it an excellent investment opportunity. Serious inquiries are encouraged to explore the potential of this exceptional retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction CONCRETE
Total area 10,442 SF
Lot 1.47 ac (63,897 SF)
Zoning code PAD
APN 302-84-946
UPID US07-2552862
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
  • Brennan Dental Dental Office
  • HawSaw Inc Courier Service Postal Service
  • Hālau Ho'okahi I Ka Hula Training Center
  • Achiote Latin Cuisine Restaurant
  • Jonathan Brennan Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.74M
Blend (final) Blend
$4.48M
Owner & transaction history
Crystal Shores Holdings LLC · 4 yrs held
Crystal Shores Holdings LLC
since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2021
Price N/A
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

rezoning classification to be sought by, or to be applicable to, private interests for off-airport parcels or uses. Off-airport uses shall be considered under other zoning designations, such as Planned Area Development (PAD), as appropriate to particular needs and circumstances. (Ord. No. 3063, § 3, 11-18-99) 35-3101. - Uses permitted. The following uses sha…

Zone name Planned Area Development
General category RESIDENTIAL
Zone area 27,277.66 ac
Source code of ordinances
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