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Property profile & analytics
OFF-MARKET
Estimated value
$17,395,000
Community centers
2100 Gilbert Rd Chandler, AZ 85286-1589
Entity Owned
10-yr Hold
Free & Clear
Property ID
US07-1225281
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2009
Construction
CONCRETE
Total area
42,120 SF
Lot
5.41 ac (235,629 SF)
Zoning code
PAD
APN
303-31-347
UPID
US07-1225281
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
-
Mad Music Vocational School Training Center
-
Armstrong McCall Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
Sears Appliance Repair Home Appliance Store
-
New Asian Fusion Restaurant
-
Armstrong McCall (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.42M
Blend (final)
Blend
$17.40M
Owner & transaction history
Line Leader V LLC · 10 yrs held
Line Leader V LLC
since 2016
6 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
NEIGHBORHOOD: SHOPPING CENTER
$26,740,000
Current use
RESTAURANT
$21,860,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$17.40M
Range $15.66M – $19.13M · ±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
$413 / 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
$107,891
Tax year 2023
Assessed value
$1,371,068
Assessed 2024
Previous assessed
$1,190,187
+15.2% YoY
Effective rate
7.87%
On assessed value
Land market value
$2,577,400
Improvement market value
$5,732,100
Total market value
$8,309,500
Applied tax rate
800,306.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
42,120 SF
Lot
5.41 ac (235,629 SF)
Zoning code
PAD
APN
303-31-347
UPID
US07-1225281
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$26.7M
RESTAURANT
Est. value
$21.9M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
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
2009
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
5.41 ac
Current owner
From public records · entity-resolved
Line Leader V LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 711, LIBERTY LAKE, WA 99019-0711
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2016
—
Line Leader V LLC
—
Deed
related
$6,375,000 · Miscellaneous Ins Co
Jan 21, 2016
$11,600,000
Line Leader V LLC
Kp Mill Crossing LLC
Grant Deed
—
Sep 12, 2014
—
Kp Mill Crossing LLC
—
Loan Modification
related
$7,983,293 · Wells Fargo Bk
May 31, 2011
$10,000,000
Kp Mill Crossing LLC
Labrusca Holding Corp
Special Warranty Deed
$8,700,000 · Wells Fargo Bank NA
Sep 24, 2008
—
Southwest Gateway INC
Owner Name Unavailable
Grant Deed
related
—
—
—
Line Leader V LLC
—
Deed Of Trust
related
$6,375,000 · Miscellaneous Ins Co
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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