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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Office buildings
270 Chandler Hts Rdb102 Chandler, AZ 85248-5084
Individually Owned
2-yr Hold
Free & Clear
Property ID
US07-1693965
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
STEEL FRAME
Total area
6,817 SF
Lot
0.08 ac (3,433 SF)
Zoning code
PAD
APN
303-54-666
UPID
US07-1693965
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
-
Mary M. Peters, DPM Physician
-
Frank G. Maben, DPM Physician
-
Ocotillo Foot & Ankle Centers Physician
-
Searle Shawn MD Pediatrician Physician
-
Animal Medical Center of Chandler Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Jack Berg Family Limited Partnershi · 2 yrs held
Jack Berg Family Limited Partnershi
since 2024
Last sale
$1.4M
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
Method
Estimation
Statistic approach
$1,350,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
$1,910,000
6.5%
$1,760,000
7%
$1,635,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,475,000
Current use
MEDICAL BUILDING
$1,440,000
Change: -3% · Conversion: Easy
WAREHOUSE, STORAGE
$1,280,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (May 30 2024)
Last sale anchor
$1.35M
May 30 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
$198 / 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
$6,219
Tax year 2023
Assessed value
$167,591
Assessed 2024
Previous assessed
$167,591
+0.0% YoY
Effective rate
3.71%
On assessed value
Land market value
$203,100
Improvement market value
$812,600
Total market value
$1,015,700
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
2009
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,817 SF
Lot
0.08 ac (3,433 SF)
Zoning code
PAD
APN
303-54-666
UPID
US07-1693965
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
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
OFFICE BUILDING Current
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
2009
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Jack Berg Family Limited Partnershi
Individual
Free & Clear · 2 yrs held
Mailing address
873 PASEO FERRELO, SANTA BARBARA, CA 93103-2131
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
$1,350,000
Jack Berg Family Limited Partnershi
Betenbough Estate LLC
Warranty Deed
—
Feb 8, 2022
—
Betenbough Estate LLC
Clinton George Betenbough
Intrafamily Transfer
related
—
May 19, 2016
—
Betenbough,clinton G Living Trust
Betenbough,clinton G
Quit Claim Deed
related
—
Mar 10, 2014
$595,000
Asset Preservation INC
Champion Marketplace Commo
Grant Deed
—
—
—
Marketplace Commons L Champion
—
Deed Of Trust
related
$7,129,021 · Enterprise Bank & Trust
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
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