New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,890,000
Warehouses
3265 Nevada St, Chandler, AZ 85225-1180
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US07-1008443
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
CONCRETE
Total area
14,605 SF
Lot
1.05 ac (45,876 SF)
Zoning code
I-1
APN
302-24-312
UPID
US07-1008443
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
-
Magnum Medical Medical Supply Store
-
Serious Installs & Customs Auto Repair Shop
-
Nursez Choice Department Store
-
Magnum Ortho Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.89M
Blend (final)
Blend
$3.89M
Owner & transaction history
Hamid,tr · 22 yrs held
Hamid,tr
since 2004
7 recorded transactions
Zoning & alternative use
I-1 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+111.3%
Medical building
$3.1M
+15.9%
Office building
$2.7M
+2.3%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,660,000
Current use
AUTO REPAIR, GARAGE
$5,625,000
Change: +111% · Conversion: Easy
MEDICAL BUILDING
$3,085,000
Change: +16% · Conversion: Difficult
OFFICE BUILDING
$2,725,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.89M
Range $3.50M – $4.28M · ±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
$266 / 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
$16,822
Tax year 2023
Assessed value
$351,500
Assessed 2024
Previous assessed
$288,949
+21.6% YoY
Effective rate
4.79%
On assessed value
Land market value
$369,700
Improvement market value
$1,760,600
Total market value
$2,130,300
Applied tax rate
410,300.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
14,605 SF
Lot
1.05 ac (45,876 SF)
Zoning code
I-1
APN
302-24-312
UPID
US07-1008443
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Chandler, AZ
Zoning I-1 · permitted uses
I-1 · 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
WAREHOUSE, STORAGE Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1999
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Hamid,tr
Individual
Mailing address
3265 N NEVADA ST STE #1, CHANDLER, AZ 85225-1180
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2020
—
Magnum Medical INC
—
Deed
related
$750,000 · First Fidelity Bank
Apr 27, 2017
—
Magnum Medical INC
—
Deed
related
$750,000 · Velocity Com'l Cap
Jun 24, 2010
—
Magnum Medical INC
—
Trustees Deed
related
$425,000 · Western St Bk
Jan 15, 2004
—
Hamid,tr
Hamid,tr
Quit Claim Deed
related
$110,249 · Hamid Trust
Jan 21, 1999
$115,250
Hamid Trust
Pivotal Realty Arizona II LLC
Grant Deed
—
Dec 3, 1996
$7,905,000
Realty Az L C Pivotal II
Talley Company Incorporat
Grant Deed
—
Sep 29, 1988
—
Az Corp North As
—
Deed Of Trust
related
—
—
—
Magnum Medical INC
—
Deed Of Trust
related
$300,000 · Western State Bank
—
—
Magnum Medical INC
—
Deed Of Trust
related
$750,000 · Velocity Com'l Cap
—
—
Magnum Medical INC
—
Deed Of Trust
related
$500,000 · East Valley Community Bank
—
—
Magnum Medical INC
—
Loan Modification
related
—
—
—
Hamid Trust
—
Deed Of Trust
related
$450,000 · First National Of Elmhurst
—
—
Abdul Hamid Trust
—
Deed Of Trust
related
$500,000 · First National Bank Elmhurst
—
—
Magnum Medical INC
—
Loan Modification
related
—
—
—
Magnum Medical INC
—
Loan Modification
related
—
—
—
Magnum Medical INC
—
Deed Of Trust
related
—
—
—
Magnum Medical INC
—
Loan Modification
related
—
—
—
Magnum Medical INC
—
Deed Of Trust
related
—
—
—
Magnum Medical INC
—
Deed Of Trust
related
$500,000 · Western State Bank
—
—
Magnum Medical INC
—
Loan Modification
related
—
—
—
Hamid Trust
—
Deed Of Trust
related
$720,000 · First National Bank Of Elmhurs
—
—
Magnum Medical INC
—
Loan Modification
related
—
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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