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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Retail space
36 Erie St Chandler, AZ 85225-4522
Entity Owned
14-yr Hold
Free & Clear
Property ID
US07-2778627
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
CONCRETE
Total area
3,116 SF
Lot
0.28 ac (12,058 SF)
Zoning code
C-C
APN
302-59-104
UPID
US07-2778627
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$585k
Owner & transaction history
Aram LLC · 14 yrs held
Aram LLC
since 2012
7 recorded transactions
Zoning & alternative use
C-C · Chandler, AZ
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
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$188 / 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
$3,611
Tax year 2023
Assessed value
$58,633
Assessed 2024
Previous assessed
$51,034
+14.9% YoY
Effective rate
6.16%
On assessed value
Land market value
$192,400
Improvement market value
$162,952
Total market value
$355,352
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
3,116 SF
Lot
0.28 ac (12,058 SF)
Zoning code
C-C
APN
302-59-104
UPID
US07-2778627
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Chandler, AZZoning C-C · permitted uses
C-C · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Aram LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 242, GILBERT, AZ 85299-0242
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2012
—
Aram LLC
Warda,elena
Grant Deed
—
Oct 27, 2011
—
Elena Warda
Warda,albert
Quit Claim Deed
related
—
Jul 25, 2011
$140,500
Elena Warda
Santa Barbara Bank & Trust NA
Quit Claim Deed
—
May 20, 2010
$235,000
Pacific Cap Bk
Saxton Robert W
Trustees Deed
related
—
May 6, 2008
$425,000
Harold Steven Heintz
J & V Maurer Enterprises INC
Warranty Deed
$372,000 · Pacific Capital Bank
Nov 17, 2003
$300,000
J & V Maurer Enterprises INC
Bueller Too LLC
Grant Deed
$270,000 · Borrego Springs Bank
Jan 22, 2001
$300,000
Bueler Too LLC
Gibson,nathan R & Janet G
Grant Deed
$65,000 · Seller
Jun 2, 1994
$140,000
Nathan R Gibson
Carney
Grant Deed
$140,000 · Seller
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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