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Property profile & analytics
OFF-MARKET
Specialty properties
2471 Edgewater Way, Chandler, AZ 85248-2903
Entity Owned
3-yr Hold
Property ID
US07-2367471
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2013
Construction
STEEL FRAME
Total area
3,963 SF
Lot
12.08 ac (526,221 SF)
Zoning code
PAD
APN
303-39-990
UPID
US07-2367471
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
-
She Draws You Caricatures Theater & Performing Art Venue Nightclub
-
Super Loan Man Loan Service
-
Almeria at Ocotillo Apartment Complex Apartment Rental Agency
-
On Robertson Clothing Store
-
Don Tee’s Bakery Bakery Specialty Food Shop
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
Almeria Apartments LLC · 3 yrs held
Almeria Apartments LLC
since 2022
Last sale
$229,000
5 recorded transactions
Zoning & alternative use
PAD · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$297,529
Tax year 2023
Assessed value
$6,657,620
Assessed 2024
Previous assessed
$5,398,860
+23.3% YoY
Effective rate
4.47%
On assessed value
Land market value
$14,012,500
Improvement market value
$52,563,700
Total market value
$66,576,200
Applied tax rate
800,302.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2013
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
30
Stories
1
Units
195
Total area
3,963 SF
Lot
12.08 ac (526,221 SF)
Zoning code
PAD
APN
303-39-990
UPID
US07-2367471
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.
Building & site characteristics
From public records
Year built
2013
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
30
Units
195
Lot
12.08 ac
Current owner
From public records · entity-resolved
Almeria Apartments LLC
Entity
Mailing address
1251 AVE OF THE AMERICAS, NEW YORK, NY 10020-1104
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Almeria Apartments LLC
—
Deed
related
$48,818,000 · Berkeley Point Capital LLC
Jul 28, 2022
—
Almeria Apartments LLC
Almeria Apartments LLC
Intrafamily Transfer
related
—
Mar 23, 2021
$129,250,000
Almeria Fae Holding LLC
Passco Almeria Dst
Special Warranty Deed
related
$59,000,000 · The Lincoln National Life Insurance
Jul 26, 2018
$229,000
Cynthia L Ocker
Pickens,keith A & Angela K
Warranty Deed
$183,200 · Peoples Mtg
Aug 12, 2016
$81,987,685
Passco Almeria Dst
Bell Gd Ocotillo LLC
Grant Deed
$47,250,000 · Keybank USA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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