Entity Owned 
For Lease
1 / 6
$835,000
347 S Arizona Ave, Chandler, AZ 85225
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Property summary
AI-generated overview
This 1,454 square foot retail property, located at 347 S Arizona Ave in Chandler, Arizona, offers a fantastic opportunity for businesses seeking high visibility and convenient access. The property boasts Arizona Avenue frontage, ensuring excellent exposure to a high volume of traffic. Currently, there is one suite available, totaling 228 square feet, ideal for a smaller retail operation or a satellite location. The entire building underwent renovations in 2023, presenting a modern and updated space ready for immediate occupancy. The property is zoned C-R by the City of Chandler and is situated in the desirable East Valley submarket of Maricopa County. Convenient rear parking is available for customers and employees. This is a multi-tenant building, offering a vibrant and collaborative environment. The property's location in Chandler, AZ, zip code 85225, provides easy access to major transportation routes and a thriving community. This is a rare opportunity to secure a well-maintained retail space in a high-traffic area. Inquire today to learn more about leasing this exceptional property.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
CONCRETE
Total area
2,550 SF
Lot
0.17 ac (7,335 SF)
Zoning code
C-R
APN
303-18-004
UPID
US07-0733589
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
-
Barber Shop
-
Training Center Vocational School
-
Tax Preparation
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$696k
Blend (final)
Blend
$835k
Owner & transaction history
since 2023
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
C-R · Chandler, AZ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$835k
Value range
$752k – $919k
±10% around blend
Estimated value / SF
$327 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$752k
blend $835k
$919k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,550 SF
Lot area
0.17 ac
Year built
1956
Stories
1
APN
303-18-004
Zoning
C-R
Assessed value
$69,780
Annual tax
$3,560
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.32M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.1 mi away · 3,226 SF
13.2 mi away · 3,000 SF
13.5 mi away · 3,168 SF
16.1 mi away · 2,654 SF
16.1 mi away · 2,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$835k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 39 sales
$452
-28%
County 968 sales
$336
-3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $327/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
3.40%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.40%
9.0%
NOI (est.)
$67k *
Last sale · Oct 2023
$950k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.96M
Move the market yield to see immediate price impact.
Value / SF
$767
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.90%3.40%3.90%
$60k
$2.06M
$1.76M
$1.53M
$67k
$2.29M
$1.96M
$1.71M
$73k
$2.52M
$2.15M
$1.88M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$2.33M
5.7 mi · Dec 2025 · $821/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,560
Tax year 2022
Assessed value
$69,780
Assessed 2024
Previous assessed
$60,367
+15.6% YoY
Effective rate
5.10%
On assessed value
Land market value
$149,500
Improvement market value
$273,406
Total market value
$422,906
Applied tax rate
800,300.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1956
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,550 SF
Lot
0.17 ac (7,335 SF)
Zoning code
C-R
APN
303-18-004
UPID
US07-0733589
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Chandler, AZZoning C-R · permitted uses
C-R · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C-R
Jurisdiction
Chandler, AZ
Recorded code
C-R
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-R in Chandler, AZ.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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