New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
481 Arizona Ave, Chandler, AZ 85225-4583
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0925534
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1936
Construction
CONCRETE
Total area
1,674 SF
Lot
0.34 ac (14,997 SF)
Zoning code
C-R
APN
302-64-029A
UPID
US07-0925534
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
-
Templeton Walker Realtor Co. Real Estate Agency
-
Derek Hagan - REALTOR Real Estate Agency
-
Soulpod Offers Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
South Rim Investments LLC · 1 yrs held
South Rim Investments LLC
since 2025
Last sale
$222,000
7 recorded transactions
Zoning & alternative use
C-R · 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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,007
Tax year 2022
Assessed value
$87,549
Assessed 2024
Previous assessed
$75,463
+16.0% YoY
Effective rate
5.72%
On assessed value
Land market value
$272,000
Improvement market value
$258,603
Total market value
$530,603
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1936
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
1,674 SF
Lot
0.34 ac (14,997 SF)
Zoning code
C-R
APN
302-64-029A
UPID
US07-0925534
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Chandler, AZ
Zoning C-R · permitted uses
C-R · 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
Year built
1936
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
South Rim Investments LLC
Entity
Mailing address
481 N ARIZONA AVE, CHANDLER, AZ 85225-4583
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
$222,000
South Rim Investments LLC
Herbert Bradish Shoemaker IV
Warranty Deed
—
Oct 16, 2023
—
Magnus Title Agency LLC
Tlp Ventures LLC
Beneficiary Deed
$825,000 · Htlf Bank
Jul 21, 2023
—
Tlp Ventures LLC
—
Deed
related
$250,000 · Pl Fund LLC
Feb 7, 2022
—
Tlp Ventures LLC
—
Deed
related
$250,000 · Jeremy Ryan Polk
Aug 13, 2021
$450,000
Tlp Ventures LLC
El Nuevo Coyote LLC
Warranty Deed
$430,000 · Ron Swanson Holdings LLC
Nov 27, 2019
$350,000
Ei Nuevo Coyote LLC
Emanuela Watt
Warranty Deed
$255,000 · Arizona Mortgage & Investment
Oct 5, 2015
$270,000
Emanuela Watt
Magallanes,ruben R
Grant Deed
$200,000 · Ruben R & Isabel Magallanes
Jun 24, 1997
$235,000
Ruben R Magallanes
Gentzel Family Trust
Grant Deed
$120,000 · Seller
Dec 31, 1996
—
Gantzel Trust
Maurine L Gantzel
Quit Claim 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?”
You own 481 Arizona Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
