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Property profile & analytics
OFF-MARKET
Estimated value
$7,085,000
Flex space
241 Chilton Dr Chandler, AZ 85225-1107
Individually Owned
3-yr Hold
Free & Clear
Property ID
US07-1541920
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1987
Construction
CONCRETE
Total area
75,813 SF
Lot
0.8 ac (35,000 SF)
Zoning code
I-1
APN
302-24-281
UPID
US07-1541920
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
-
GraPHXsignz Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.34M
Comparable Approach
Comparable
$8.22M
Blend (final)
Blend
$7.09M
Owner & transaction history
Mark R Hosking · 3 yrs held
Mark R Hosking
since 2022
Last sale
$5.7M
6 recorded transactions
Zoning & alternative use
I-1 · 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
$5,320,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,120,000
6.5%
$9,340,000
7%
$8,675,000
Blend value · Realmo final
$7.09M
Range $6.38M – $7.79M · ±10% · vs last sale $5.71M (Dec 22 2022)
Last sale anchor
$5.71M
Dec 22 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
$93 / 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
$45,020
Tax year 2023
Assessed value
$1,460,597
Assessed 2024
Previous assessed
$1,044,803
+39.8% YoY
Effective rate
3.08%
On assessed value
Land market value
$211,400
Improvement market value
$8,640,700
Total market value
$8,852,100
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
75,813 SF
Lot
0.8 ac (35,000 SF)
Zoning code
I-1
APN
302-24-281
UPID
US07-1541920
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Chandler, AZ
Zoning I-1 · permitted uses
I-1 · 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.
Building & site characteristics
From public records
Year built
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Mark R Hosking
Individual
Free & Clear · 3 yrs held
Mailing address
2323 W UNIVERSITY DR, TEMPE, AZ 85281-7223
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2022
—
Mark R Hosking
Mark Hosking
Intrafamily Transfer
related
—
Feb 23, 2022
$5,712,000
Michelle Stein
Marjorie Hosking
Warranty Deed
—
Apr 20, 2001
—
Hosking Trust
Hosking,gordon & Marjorie
Quit Claim Deed
related
—
Oct 21, 1994
$3,266,000
Gordon Hosking
Resugence Properties INC
Grant Deed
$500,000 · Seller
Feb 1, 1993
—
L&n Consultants INC
Turknell INC
Grant Deed
related
—
Mar 29, 1991
—
Turknell INC
G & T Developmen
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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