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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3535 Chandler Blvd Chandler, AZ 85226-5018

    • Motels
    • 91,390 SF
    • 1.44 lot acres
    OFF-MARKET
    Value Estimations
    $18,590,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1257017
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hyatt Place Phoenix/Chandler-Fashion Center / Hotel

    Property Details for 3535 Chandler Blvd

    Year built
    1996
    Construction
    STEEL FRAME
    Lot size
    1.44 lot acres
    Property size
    91,390 SF
    Zone code
    PAD
    Property type
    Motels
    APN
    301-65-337A
    APU
    30165337A

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $18,699,000
      Market price range: $14.9M - $66.5M
      AI Estimate
      $18,476,000
      Market price range: $11.9M - $64.1M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.903
    Latitude
    33.305
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $78,332
    $0.00
    $0.00
    $1,650,528
    -
    $1,751,100
    $8,252,100
    $10,003,200

    Comparable in this City

    • Value Estimation
      $5,105,000
      18,740 SF

      7445 Chandler Blvd

      MOTEL • 18,740 SF
      7445 Chandler Blvd, Chandler, AZ 85226-3210
      View Details
    • Value Estimation
      $7,765,000
      30,342 SF

      255 Kyrene Rd

      MOTEL • 30,342 SF
      255 Kyrene Rd, Chandler, AZ 85226-2702
      View Details
    • Value Estimation
      $4,835,000
      25,971 SF

      7171 Chandler Blvd

      MOTEL • 25,971 SF
      7171 Chandler Blvd, Chandler, AZ 85226-3214
      View Details
    • Value Estimation
      $9,125,000
      29,214 SF

      7425 Chandler Blvd

      HOTEL • 29,214 SF
      7425 Chandler Blvd, Chandler, AZ 85226-3210
      View Details
    • Value Estimation
      $16,165,000
      68,862 SF

      7373 Detroit St

      HOTEL • 68,862 SF
      7373 Detroit St, Chandler, AZ 85226-2411
      View Details
    • Value Estimation
      $23,640,000
      75,797 SF

      200 Federal St

      HOTEL • 75,797 SF
      200 Federal St, Chandler, AZ 85226-3191
      View Details

    Similar Nearby for Sale

    • $500,000
      0.03 Acres

      4035 Chandler Blvd, Chandler, AZ 85226

      Commercial real estate • 0.03 Acres
      4035 Chandler Blvd, Chandler, AZ 85226
      View Details
    • Contact for pricing

      Chandler Industrial Land For Sale

      Industrial land with heavy zoning, water, and on-site solar.
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    • $1,155,000
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      Move-In Ready Medical Office Condo

      Recently renovated medical office condo near South 202 and I-10.
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    • $1,700,000
      5,220 SF

      Chandler Flex Industrial Condo

      5,220 SF flex industrial condo with secured yard.
      106 S 54Th St, Chandler, AZ 85226
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    • $13,500,000
      58,699 SF

      Chandler Warehouse with HVAC System

      HVAC warehouse with dock and grade level doors in Chandler.
      6900 W Morelos Pl, Chandler, AZ 85226
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    • Contact for pricing

      Chandler Blvd Commercial Land

      Prime Chandler lots, ideal for office.
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    Similar Nearby for Lease

    • $14 SF/Yr
      39,538 SF

      Chandler Manufacturing Space For Lease

      Large Industrial Space Available in Chandler, AZ
      590 54Th St, Chandler, AZ 85226
      View Details
    • $15 SF/Yr
      8,980 SF

      East Valley Warehouse Space Available

      Phoenix industrial warehouse, 8,980 sqft.
      6503 Frye Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      44,317 SF

      Chandler Industrial Warehouse

      ±44,317 SF Warehouse, Ready for Occupancy
      7100 Erie St, Chandler, AZ 85226
      View Details
    • $1.30 SF/Yr
      16,500 SF

      Chandler Industrial Space Available

      Industrial property available for lease at 56th St & Chandler Blvd.
      6700 W Chicago St, Chandler, AZ 85226
      View Details
    • $1.30 SF/Yr
      17,600 SF

      Industrial Space For Lease

      Industrial space available for lease at Frye Rd & Kyrene Rd.
      6503 W Frye Rd, Chandler, AZ 85226
      View Details
    • $1.35 SF/Yr
      17,600 SF

      Chandler Industrial Space For Lease

      Industrial space featuring I-2 zoning, ample parking, and freeway access.
      6501 W Frye Rd, Chandler, AZ 85226
      View Details
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    3535 Chandler Blvd
    Chandler, AZ 85226-5018
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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