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Property profile & analytics
OFF-MARKET
Estimated value
$11,320,000
Automotive properties
2121 Arizona Ave Chandler, AZ 85225-3414
Entity Owned
Free & Clear
Property ID
US07-0716664
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1983
Construction
CONCRETE
Total area
18,263 SF
Lot
10.58 ac (460,952 SF)
Zoning code
C-R
APN
302-29-009E
UPID
US07-0716664
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
-
No Bull Jobs Employment Agency
-
Earnhardt Chevrolet Body Shop Auto Repair Shop
-
Earnhardt Chevrolet Auto Parts Auto Parts Store
-
Earnhardt Chevrolet Oil Change Auto Repair Shop
-
Earnhardt Chevrolet Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.10M
Blend (final)
Blend
$11.32M
Owner & transaction history
Tb Chandler I LLC
Tb Chandler I LLC
since 2025
Last sale
$12.5M
5 recorded transactions
Zoning & alternative use
C-R · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Commercial (general)
$14.7M
+108.4%
Neighborhood: shopping center
$11.6M
+64.9%
Restaurant
$9.5M
+34.8%
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
AUTO REPAIR, GARAGE
$7,030,000
Current use
COMMERCIAL (GENERAL)
$14,655,000
Change: +108% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$11,595,000
Change: +65% · Conversion: Difficult
RESTAURANT
$9,480,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$8,255,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$11.32M
Range $10.19M – $12.45M · ±10% · vs last sale $12.54M (Aug 3 2025)
Last sale anchor
$12.54M
Aug 3 2025
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
$620 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$84,724
Tax year 2022
Assessed value
$1,330,808
Assessed 2024
Previous assessed
$1,155,898
+15.1% YoY
Effective rate
6.37%
On assessed value
Land market value
$3,043,100
Improvement market value
$5,022,400
Total market value
$8,065,500
Applied tax rate
410,300.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
10
Stories
1
Units
10
Total area
18,263 SF
Lot
10.58 ac (460,952 SF)
Zoning code
C-R
APN
302-29-009E
UPID
US07-0716664
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Chandler, AZZoning C-R · permitted uses
C-R · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$14.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.6M
RESTAURANT
Est. value
$9.5M
RETAIL STORES
Est. value
$8.3M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
RETAIL STORES
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
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
10
Units
10
Lot
10.58 ac
Current owner
From public records · entity-resolved
Tb Chandler I LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7300 W ORCHID LN, CHANDLER, AZ 85226-1000
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
$12,535,000
Tb Chandler I LLC
Earnhardt Arizona Properties LLC
Special Warranty Deed
—
Feb 5, 2020
—
Earnhardt Arizona Prop LLC
—
Deed
related
$10,500,000 · Jp Morgan Chase Bk
Jun 27, 2016
—
Fehrenbach,donald & Alice I Trust
Fehrenbach,alice I
Quit Claim Deed
related
—
Jun 27, 2016
$14,922,545
Earnhardt Arizona Properties LLC
Donald Fehrenbach
Special Warranty Deed
$12,600,000 · Jpmorgan Chase Bank NA
—
—
Earnhardt Arizona Prop LLC
—
Loan Modification
related
$10,500,000 · Jp Morgan Chase Bk
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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