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    4647 E Chandler Blvd Phoenix, AZ 85048

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    Property profile & analytics

    4647 E Chandler Blvd Phoenix, AZ 85048


    • Strip malls
    • 20,038 SF
    • 2.48 lot acres
    Retail For Lease
    $4,540,000

    Retail

    Retail space

    4647 E Chandler Blvd, Phoenix, AZ 85048
    View Listing
    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.

    Value Estimations
    $4,540,000
    Cap Rate Potential
    7%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • BLK LBL Fitness Club / Gym & Fitness Center
    • AZ Boot Bootique / Clothing & Fashion Store
    • Samaritan Funeral and Cremation Services / Social Service Agency
    • Connected Health Phoenix / Alternative Medicine Practice
    • Va Bene / Restaurant

    Property Details for 4647 E 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
    Shopping 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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,255,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,975,000
      6.5%
      $4,595,000
      7%
      $4,265,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $5,100,000
      Current use
      RETAIL STORES
      $5,970,000
      Change: +17% Conversion: Easy
      MEDICAL BUILDING
      $5,320,000
      Change: +4% Conversion: Difficult
      WAREHOUSE, STORAGE
      $5,200,000
      Change: +2% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $4,410,000
      Change: -14% Conversion: Difficult

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


    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
    View Listing
    More about this property
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