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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Auto shops
320 Arizona Ave, Chandler, AZ 85225-4549
Entity Owned
~
Est. High Equity
Property ID
US07-2297197
Property summary
AI-generated overview
Prime Downtown Chandler location on over an acre of land, featuring a ±5,186 SF vacant auto repair building with three oversized drive-in bays and a pit level. The building is situated on Arizona Avenue, a major East Valley thoroughfare with over 32,000 vehicles daily. This masonry structure, built in 1986, sits within a densely populated area (310,000+ residents within a 5-mile radius), close to City Hall and various retail amenities. An adjacent ±7,795 square foot building is also available for lease. The property's C-3 zoning provides flexibility for various uses. The total building square footage is 12,981 SF, situated on 1.1 acres of land. This highly walkable area offers excellent visibility and accessibility. The property consists of two buildings. Maricopa County APN: 303-19-005E.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Construction
CONCRETE
Total area
7,500 SF
Lot
1.09 ac (47,347 SF)
Zoning code
C-R
APN
303-19-005E
UPID
US07-2297197
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
-
Arizona Firestone - Chandler (Bike/Boat/Book/etc) Store Auto Parts Store
-
Hontech - Automotive Service & Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$1.97M
Owner & transaction history
4848 Warner LLC
4848 Warner LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
C-R · 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
$1,830,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,890,000
Current use
Blend value · Realmo final
$1.97M
Range $1.77M – $2.17M · ±10% · vs last sale $1.38M (Jul 20 2025)
Last sale anchor
$1.38M
Jul 20 2025
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
$263 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$15,461
Tax year 2022
Assessed value
$234,069
Assessed 2024
Previous assessed
$203,507
+15.0% YoY
Effective rate
6.61%
On assessed value
Land market value
$709,800
Improvement market value
$708,800
Total market value
$1,418,600
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
7,500 SF
Lot
1.09 ac (47,347 SF)
Zoning code
C-R
APN
303-19-005E
UPID
US07-2297197
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Chandler, AZ
Zoning C-R · permitted uses
C-R · 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
AUTO REPAIR, GARAGE Current
Est. value
$2.9M
AUTO REPAIR, GARAGE Current
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
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
4848 Warner LLC
Entity
Mailing address
5435 E PEAK VLY RD, CAVE CREEK, AZ 85331
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
Hontech INC
—
Deed
related
$1,162,500 · Velocity Commercial Capital LLC
Mar 5, 2026
—
Az Ave LLC
—
Deed
related
$762,000 · Gainey Business Bank
Oct 20, 2025
$1,375,000
4848 Warner LLC
4848 Thornton Properties LLC
Special Warranty Deed
$1,600,000 · Gainey Business Bank
Apr 14, 2022
$2,050,000
Az Ave LLC
Mcnutt Holdings LLC
Special Warranty Deed
—
Feb 28, 2019
$880,000
Hontech INC
Pathfinder Trf One LLC
Special Warranty Deed
$808,500 · Umpqua Bank
Feb 28, 2019
—
Hontech INC
—
Deed
related
$808,500 · Umpqua Bank
Dec 26, 2017
—
Mcnutt Holdings LLC
—
Deed
related
$636,900 · Wells Fargo Bank NA
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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