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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Office buildings
2450 Arizona Ave Chandler, AZ 85286-7709
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-2079615
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
STEEL FRAME
Total area
12,271 SF
Lot
1.42 ac (61,934 SF)
Zoning code
PAD
APN
303-36-636
UPID
US07-2079615
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
-
East Valley Insurance Insurance Agency
-
The Phoenix Area Real Estate Property Management Property Management Company Real Estate Agency
-
Ben Graham, FIV Realty Real Estate Agency
-
Ryan Office Complex and Executive Suites Business Service Center Corporate Office
-
Infinity & Associates Realty: Back Jackie Shields Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.40M
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
$4.58M
Blend (final)
Blend
$3.40M
Owner & transaction history
Rawlinson Investment Group LLC · 1 yrs held
Rawlinson Investment Group LLC
since 2024
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.5M
+102.6%
Auto repair, garage
$4.7M
+72.6%
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
$3,400,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
$3,435,000
6.5%
$3,170,000
7%
$2,945,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,735,000
Current use
RETAIL STORES
$5,545,000
Change: +103% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,725,000
Change: +73% · Conversion: Difficult
MEDICAL BUILDING
$2,590,000
Change: -5% · Conversion: Easy
WAREHOUSE, STORAGE
$2,305,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10% · vs last sale $3.40M (Dec 31 2024)
Last sale anchor
$3.40M
Dec 31 2024
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
$277 / 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
$26,178
Tax year 2023
Assessed value
$607,860
Assessed 2024
Previous assessed
$607,070
+0.1% YoY
Effective rate
4.31%
On assessed value
Land market value
$998,300
Improvement market value
$2,685,700
Total market value
$3,684,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
12,271 SF
Lot
1.42 ac (61,934 SF)
Zoning code
PAD
APN
303-36-636
UPID
US07-2079615
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
OFFICE BUILDING Current
Est. value
$2.7M
RETAIL STORES
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.3M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2007
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Rawlinson Investment Group LLC
Entity
Mailing address
2450 S ARIZONA AVE, CHANDLER, AZ 85286-7709
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
—
Rawlinson Investment Group LLC
—
Deed
related
$1,700,000 · Jpmorgan Chase Bank NA
Dec 31, 2024
$3,400,000
Rawlinson Investment Group LLC
Ryan Office Complex LLC
Warranty Deed
$1,700,000 · Jpmorgan Chase Bank NA
Dec 31, 2024
—
Rawlinson Investment Group LLC
—
Deed
related
$1,396,000 · The Mortgage Capital Development Corp
Jul 17, 2023
—
Ryan Office Complex LLC
William C Ryan
Intrafamily Transfer
related
—
Dec 23, 2022
—
William C Ryan
Ryan Rentals LLC
Quit Claim Deed
related
—
Apr 19, 2022
—
Ryan Rentals LLC
—
Deed
related
$500,000 · Bokf NA
Dec 19, 2007
—
Ryan Rentals LLC
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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