Property profile

350 Pennington Dr Chandler, AZ 85224

OFF-MARKET
Day care centers
Property ID
US07-1187643
6,588 SF 0.81 ac lot Built 1997
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1997
Construction STEEL FRAME
Total area 6,588 SF
Lot 0.81 ac (35,501 SF)
Zoning code PAD
APN 302-74-558
UPID US07-1187643

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
  • Daycare Center

Location

350 Pennington Dr Chandler, AZ 85224-8261
Chandler metro Census 523006 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2013
5 recorded transactions
2022
Price N/A
2013
$1.6M
2002
$10
1997
$150,000
1987
Price N/A

Zoning & alternative use

PAD · Chandler, AZ
Zoning description

rezoning classification to be sought by, or to be applicable to, private interests for off-airport parcels or uses. Off-airport uses shall be considered under other zoning designations, such as Planned Area Development (…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $2.5M +37.3%

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
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