Property profile

318 Bracken Ln Chandler, AZ 85224

OFF-MARKET
Flex space
Property ID
US07-1290394
12,387 SF 1.29 ac lot Built 1995
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1995
Construction CONCRETE
Total area 12,387 SF
Lot 1.29 ac (56,000 SF)
Zoning code I-1
APN 303-24-150
UPID US07-1290394

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
  • Business Management Consultant
  • Department Store
  • Cosmetic Store Beauty School

Location

318 Bracken Ln Chandler, AZ 85224-4700
Chandler metro Census 811200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.53M
Comparable Approach Comparable
$2.70M
Blend (final) Blend
$1.87M

Owner & transaction history

since 2021
Last sale
$2.0M
7 recorded transactions
2022
Price N/A
2021
$2.0M
2021
Price N/A
2016
Price N/A
1993
Price N/A
1992
Price N/A
1992
$67,200

Zoning & alternative use

I-1 · Chandler, AZ
Zoning description

cordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1405. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XV. -…

General category INDUSTRIAL
Top alternative use upside
Medical building $2.9M +44.6%
Office building $2.7M +32.1%

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
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 318 Bracken Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message