New search
Property profile & analytics
FOR LEASE
Warehouses
450 E Warner Rd, Chandler, AZ 85233
Entity Owned
1-yr Hold
Free & Clear
Property ID
US07-2082057
For Lease
1 / 10
$1.40 SF/Yr
450 E Warner Rd, Chandler, AZ 85233
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
4.94 ac (215,132 SF)
Zoning code
PAD
APN
302-35-524
UPID
US07-2082057
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
-
Orbis Car Wash Services Big Box & Wholesale Store
-
FST Technical Services Engineering Consultant Biotechnology Company
-
Walsh Woodworking LLC General Contractor
-
Ken Muncy Air Conditioning Hardware & Home Improvement HVAC Service
-
Top Tier Training Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.57M
Owner & transaction history
Stratus Holdings LLC · 1 yrs held
Stratus Holdings LLC
since 2025
Last sale
$6.6M
6 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$268,290
Assessed 2024
Previous assessed
$276,420
-2.9% YoY
Land market value
$1,626,000
Total market value
$1,626,000
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
For Lease
Heating
NONE
Lot
4.94 ac (215,132 SF)
Zoning code
PAD
APN
302-35-524
UPID
US07-2082057
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
4.94 ac
Current owner
From public records · entity-resolved
Stratus Holdings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3 CHARTER OAK PL, HARTFORD, CT 06106-1915
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
Ken Muncy Air Conditioning INC
—
Deed
related
$500,000 · Desert Financial Cu
Jan 15, 2025
$6,567,646
Stratus Holdings LLC
Falcon Airpark LLC
Special Warranty Deed
—
May 31, 2024
—
450 W Warner 6 LLC
Ken Muncy Air Conditioning INC
Warranty Deed
—
Jan 12, 2024
$499,000
Warner 450 LLC
Falcon Airpark LLC
Special Warranty Deed
—
Jun 27, 2019
$332,000
Ken Muncy Air Conditioning INC
Falcon Airpark LLC
Special Warranty Deed
$235,000 · Jpmorgan Chase Bank NA
Jul 15, 2009
—
Falcon Airpark LLC
Owner Name Unavailable
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
