Property profile

2450 Ray Rd C101 Chandler, AZ 85224

OFF-MARKET
Medical Office Space
Property ID
US07-1187404
4,128 SF 0.02 ac lot Built 2004
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2004
Construction STEEL FRAME
Total area 4,128 SF
Lot 0.02 ac (981 SF)
Zoning code PAD
APN 302-95-300
UPID US07-1187404

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Business Service Center Corporate Office
  • Dental Office

Location

2450 Ray Rd, Unit C101 Chandler, AZ 85224-3594
Chandler metro Census 810300 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$705k
Blend (final) Blend
$635k

Owner & transaction history

since 2005
3 recorded transactions
2018
Price N/A
2005
$686,300
1969
Price N/A

Zoning & alternative use

PAD · Chandler, AZ
Zoning description

rezoning classification to be sought by, or to be applicable to, private interests for off-airport parcels or uses. Off-airport uses shall be considered under other zoning designations, such as Planned Area Development (…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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