Property profile

2050 Stearman Dr Chandler, AZ 85286

OFF-MARKET
Flex space
Property ID
US07-2367617
61,562 SF 3.42 ac lot Built 2014
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2014
Construction CONCRETE
Total area 61,562 SF
Lot 3.42 ac (148,899 SF)
Zoning code PAD
APN 303-31-367
UPID US07-2367617

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

2050 Stearman Dr Chandler, AZ 85286-5036
Chandler metro Census 812400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.93M
Blend (final) Blend
$12.93M

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A

Zoning & alternative use

PAD · Chandler, AZ
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 (…

General category RESIDENTIAL
Top alternative use upside
Office building $13.7M +21.5%
Medical building $13.0M +15.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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