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Property profile & analytics

4647 Chandler Blvd Phoenix, AZ 85048

  • Strip malls
  • 20,038 SF
  • 2.48 lot acres
Value Estimation
$4,305,000
Last Sale
Jul 11, 2022
$4,650,000
Location Intelligence
Property ID
US07-3368977
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

  • BLK LBL Fitness Club / Gym
  • AZ Boot Bootique / Boot Store
  • Samaritan Funeral and Cremation Services / Mortuary / Funeral Home
  • Connected Health Phoenix / Chiropractor / Massage Therapist
  • Va Bene / Event Venue / Wine Bar

Property Details for 4647 Chandler Blvd

Year built
2003
Construction
CONCRETE
Lot size
2.48 lot acres
Property size
20,038 SF
Zone code
C-2
Property type
Strip malls
Property subtype
Neighborhood centers
APN
307-03-893
APU
30703893

Description

Vabene Plaza, a single-story retail center in Phoenix's desirable submarket, presents a compelling investment opportunity. Built in 2003, this 20,400 square foot property sits on a 2.49-acre lot (108,209 square feet) at the southwest corner of Chandler Boulevard and 48th Street, boasting excellent street access and visibility. The center enjoys high traffic counts, exceeding 100,000 vehicles daily, and benefits from a shadow anchor, Kohl's department store. Currently, there are three available retail spaces ranging from 1,220 to 2,650 square feet, totaling 5,090 square feet of vacant space. The property features a total of nine suites, offering flexibility for various retail concepts. The location is further enhanced by a dense daytime employment population, ensuring a strong customer base. This well-maintained property offers a unique chance to establish or expand a retail presence in a thriving Phoenix location. The minimum divisible space is 1,220 square feet.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $4,255,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,580,000
    6.5%
    $4,215,000
    7%
    $4,395,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,135,000
    Geo Method
    $4,315,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,795,000
    Retail
    $3,960,000
    Mixed-Use
    $4,555,000
    Hospitality
    $4,335,000
    Educational
    $4,120,000
    Residential Income
    $4,975,000
    Energy
    $3,645,000
    Income-Based Land
    $3,640,000
    Food Service
    $4,335,000

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-111.981
Latitude
33.3039
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
$47,231
$0.00
$0.00
$917,766
-
$2,767,600
$2,794,620
$5,562,220
More about this property
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