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    Property profile & analytics

    1990 Ray Rd Chandler, AZ 85225-8725

    • Banks
    • 4,284 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimation
    $3,950,000
    Last Sale
    May 15, 2020
    $3,982,322
    Location Intelligence
    Property ID
    US07-0892455
    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

    • Burger King / Restaurant / Fast Food Restaurant
    • Global Credit Union / Mortgage Lender / Credit Union
    • ATM (TCF Bank) / Atm
    • Global Credit Union Insurance Brokers / Insurance Broker / Renter'S Insurance Agency
    • McAlister-Gray / Insurance Agency

    Property Details for 1990 Ray Rd

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    1.44 lot acres
    Property size
    4,284 SF
    Zone code
    PAD
    Property type
    Banks
    APN
    302-39-206
    APU
    30239206

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,925,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,995,000
      6.5%
      $4,365,000
      7%
      $4,120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,215,000
      Geo Method
      $3,970,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,560,000
      Retail
      $4,460,000
      Mixed-Use
      $3,775,000
      Hospitality
      $3,390,000
      Educational
      $3,850,000
      Residential Income
      $3,640,000
      Energy
      $4,445,000
      Income-Based Land
      $3,740,000
      Food Service
      $3,610,000

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.808
    Latitude
    33.3214
    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
    $29,823
    $0.00
    $0.00
    $548,527
    -
    $1,878,600
    $1,445,807
    $3,324,407

    Comparable in this City

    • Value Estimation by Request
      4,509 SF

      1090 Ray Rd

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      1090 Ray Rd, Chandler, AZ 85225-1542
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    • Value Estimation by Request
      2,989 SF

      1098 Arizona Ave

      FINANCIAL BUILDING • 2,989 SF
      1098 Arizona Ave, Chandler, AZ 85225-6600
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    • Value Estimation by Request
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      976 Chandler Blvd

      FINANCIAL BUILDING • 5,123 SF
      976 Chandler Blvd, Chandler, AZ 85225-4904
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    • Value Estimation by Request
      211,280 SF

      2615 Arizona Ave

      SHOW ROOM, WAREHOUSE • 211,280 SF
      2615 Arizona Ave, Chandler, AZ 85225-1967
      View Details
    • Value Estimation by Request
      2,900 SF

      554 Arizona Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,900 SF
      554 Arizona Ave, Chandler, AZ 85225-4589
      View Details
    • Value Estimation by Request
      3,101 SF

      681 Arizona Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,101 SF
      681 Arizona Ave, Chandler, AZ 85225-7520
      View Details

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    Similar Nearby for Lease

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      Premier retail space in a high-end, lake-based community.
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      Retail space featuring abundant natural light and ample parking.
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    • $18 SF/Yr
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      Retail Space Near Downtown Chandler

      Retail space available near Downtown Chandler with excellent signage.
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    • $20 SF/Yr
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      Retail Space Near Major Hospitals

      Retail space for lease near hospitals and Mesa Gateway Airport.
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    • Contact for pricing
      1,800 SF

      Chandler Retail Space Available

      Retail space available in Chandler, Arizona.
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    1990 Ray Rd
    Chandler, AZ 85225-8725
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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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