Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Strip malls
250 Arizona Ave Chandler, AZ 85225-7551
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-2545495
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1946
Construction
CONCRETE
Total area
6,591 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C-2
APN
303-09-094
UPID
US07-2545495
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
-
Chandler Symphony Orchestra Theater & Performing Art Venue Music Venue
-
30 Minute Hit Gym & Fitness Center
-
Removery Tattoo Removal & Fading Tattoo & Piercing Shop Skin Care Clinic
-
Underground Trading Post (Bike/Boat/Book/etc) Store
-
ZonaPrint Production Facility (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.53M
Owner & transaction history
Desert Viking-downtown Chandle · 9 yrs held
Desert Viking-downtown Chandle
since 2016
7 recorded transactions
Zoning & alternative use
C-2 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rdance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1205. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIII. - C-2-COMMUNITY COMMERCIAL DISTRICT 35-1300. - Purpose. This district is intended to serve several functions by providing central concentratio…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
205.85 ac
Source
code of ordinances
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10%
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
$231 / 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
$8,859
Tax year 2023
Assessed value
$119,970
Assessed 2024
Previous assessed
$119,629
+0.3% YoY
Effective rate
7.38%
On assessed value
Land market value
$152,400
Improvement market value
$574,689
Total market value
$727,089
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1946
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,591 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C-2
APN
303-09-094
UPID
US07-2545495
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Chandler, AZZoning C-2 · permitted uses
C-2 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rdance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1205. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIII. - C-2-COMMUNITY COMMERCIAL DISTRICT 35-1300. - Purpose. This district is intended to serve several functions by providing central concentrations of uses offering goods and/or services for larger areas of Chandler. Establishme
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
205.85 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1946
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Desert Viking-downtown Chandle
Individual
Mailing address
3002 E WASHINGTON ST, PHOENIX, AZ 85034-1518
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2016
—
Desert Viking-downtown Chandle
250 South Arizona Avenue LLC
Grant Deed
$1,400,000 · Artemis Realty Capital Advisors LLC
Sep 16, 2003
$350,000
250 South Arizona Ave LLC
Sei Investments LLC
Grant Deed
$287,041 · Wesbster Trust
Aug 4, 2000
$328,130
Sei Investments LLC
Webster,richard E
Grant Deed
$303,125 · Seller
Oct 12, 1995
$95,000
Webster,richard E & Doris
Jerry E Schmuhl
Grant Deed
$70,000 · Seller
Oct 3, 1994
$40,000
Schmuhl,jerry E
Smith
Quit Claim Deed
related
—
Aug 27, 1993
$87,500
Schmuhl,jerry E
Calfed Investmen
Grant Deed
—
Jan 7, 1993
$180,000
Cal Fed Investment Corp
Caudill
Grant Deed
—
May 15, 1987
—
Caudill Theresa
—
Deed Of Trust
related
—
—
—
250 South Arizona Avenue LLC
—
Deed Of Trust
related
$2,295,000 · Sun Life Assurance Co
—
—
Desert Viking-downtown Chandle
—
Loan Modification
related
$1,400,000 · Cascade Land Hm Financing
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 250 Arizona Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
