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Property profile & analytics
OFF-MARKET
Retail space
242 Wall St Chandler, AZ 85225-9528
Entity Owned
9-yr Hold
Free & Clear
Property ID
US07-0422758
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
STEEL FRAME
Total area
970 SF
Lot
0.09 ac (3,750 SF)
Zoning code
C-C
APN
303-09-095A
UPID
US07-0422758
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lavenue LLC · 9 yrs held
Lavenue LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-C · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,556
Tax year 2022
Assessed value
$28,408
Assessed 2024
Previous assessed
$24,616
+15.4% YoY
Effective rate
5.48%
On assessed value
Land market value
$72,400
Improvement market value
$99,772
Total market value
$172,172
Applied tax rate
800,307.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
970 SF
Lot
0.09 ac (3,750 SF)
Zoning code
C-C
APN
303-09-095A
UPID
US07-0422758
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Chandler, AZ
Zoning C-C · permitted uses
C-C · 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
1976
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Lavenue LLC
Entity
Free & Clear · 9 yrs held
Mailing address
242 S WALL ST, CHANDLER, AZ 85225-9528
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Feb 28, 2017
—
Lavenue LLC
Kenneth Lewis Lavenue
Special Warranty Deed
—
Sep 6, 2013
—
Kenneth L Lavenue
Lavenue LLC
Quit Claim Deed
related
$1,300,000 · King Ranch Props II Lllp
Jul 31, 2012
$100,000
Lavenue LLC
Psci Investments LLC
Warranty Deed
—
Oct 13, 2009
$99,000
Psci Investments LLC
Ocean Partners Group LLC
Warranty Deed
$86,000 · Ocean Partners Group LLC
Jan 30, 2009
—
Ocean Partners Group LLC
Spruce Tree Holdings LLC
Quit Claim Deed
related
—
Jun 24, 2004
—
Spruce Tree Holdings LLC
Reddick,marshall
Grant Deed
related
—
Apr 25, 2002
$90,000
Marshall E Reddick
Schmidt,wallace F & Martha M
Grant Deed
—
May 14, 1997
—
Cole Family Trust
Fred L & Roberta S Cole
Quit Claim Deed
related
—
May 14, 1997
$47,500
Schmidt,wallace F & Martha M
Cole Family Trust
Trustees Deed
$32,500 · Seller
Jul 25, 1996
—
Cole Family Trust
Fred L & Roberta S Cole
Quit Claim Deed
related
—
—
—
Kenneth L Lavenue
—
Deed Of Trust
related
$1,050,000 · Azben Ltd LLC
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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