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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Strip malls
208 Chandler Hts Rd Chandler, AZ 85248-5065
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1068851
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
STEEL FRAME
Total area
6,097 SF
Lot
1.19 ac (51,854 SF)
Zoning code
PAD
APN
303-49-947
UPID
US07-1068851
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
-
Atlas Medical Systems: Dr. Vincent P. Goux, MD Physician
-
Kahuna Investments Construction Company General Contractor
-
CLEAR Counseling, LLC Family Counselor Marriage Or Relationship Counselor
-
Kahuna Management Property Management Company
-
Cantor Forensic Accounting Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
Chandler Heights Group LLC · 4 yrs held
Chandler Heights Group LLC
since 2022
Last sale
$1.7M
7 recorded transactions
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
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
$1,530,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10% · vs last sale $1.67M (May 17 2022)
Last sale anchor
$1.67M
May 17 2022
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
$252 / 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
$21,343
Tax year 2023
Assessed value
$409,937
Assessed 2024
Previous assessed
$343,315
+19.4% YoY
Effective rate
5.21%
On assessed value
Land market value
$1,296,300
Improvement market value
$1,188,167
Total market value
$2,484,467
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,097 SF
Lot
1.19 ac (51,854 SF)
Zoning code
PAD
APN
303-49-947
UPID
US07-1068851
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZZoning PAD · permitted uses
PAD · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · 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 shall be permitted within the AP-1 zoning district as principal uses: (1) Airport stru
Zone name
Planned Area Development
General category
RESIDENTIAL
Zone area
27,277.66 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Chandler Heights Group LLC
Entity
Mailing address
1973 E LAFAYETTE AVE, GILBERT, AZ 85298-0822
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2022
$1,670,000
Chandler Heights Group LLC
Chandler Heights Investmets LLC
Warranty Deed
$1,196,000 · Western State Bank
Apr 5, 2021
$3,300,000
Rhw LLC
5425 North Federal LLC
Special Warranty Deed
—
Apr 20, 2018
$1,350,000
Chandler Heights Investments LLC
Tk Az L L C
Warranty Deed
—
Apr 20, 2018
—
Tk Az L L C
Ks Az L L C
Correction Deed
related
—
Nov 22, 2017
—
Tk-az LLC
Ks-az LLC
Warranty Deed
related
—
Apr 17, 2017
—
Ks-az LLC
Sperbeck,keith W
Quit Claim Deed
related
—
Dec 27, 2016
—
Fulton Marketplace LLC
—
Deed
related
$668,260 · Bank Of The West
Dec 14, 2016
—
Timothy S Kreiger
Fulton Marketplace LLC
Quit Claim Deed
related
—
Jun 17, 2014
$693,000
Fulton Marketplace LLC
Champion Marketplace Lllp
Grant Deed
$520,000 · Bank Of The West
Jun 27, 2011
—
Marketplace Lllp Champion
—
Deed Of Trust
related
$7,129,021 · Enterprise Bank & Trust
Jun 19, 2008
—
Marketplace Lllp Champion
Owner Name Unavailable
Grant Deed
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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