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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Auto shops
489 Arizona Ave Chandler, AZ 85225-4583
Individually Owned
20-yr Hold
Free & Clear
Property ID
US07-3472224
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1961
Construction
CONCRETE
Total area
2,589 SF
Lot
0.17 ac (7,273 SF)
Zoning code
C-3
APN
302-64-027
UPID
US07-3472224
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
-
Gary's Automotive Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$565k
Owner & transaction history
Mehdi Pirodan · 20 yrs held
Mehdi Pirodan
since 2005
7 recorded transactions
Zoning & alternative use
C-3 · 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
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
$565k
Range $509k – $622k · ±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
$218 / 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
$2,551
Tax year 2023
Assessed value
$42,579
Assessed 2024
Previous assessed
$36,873
+15.5% YoY
Effective rate
5.99%
On assessed value
Land market value
$148,500
Improvement market value
$109,552
Total market value
$258,052
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Units
2
Total area
2,589 SF
Lot
0.17 ac (7,273 SF)
Zoning code
C-3
APN
302-64-027
UPID
US07-3472224
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Chandler, AZ
Zoning C-3 · permitted uses
C-3 · 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
1961
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mehdi Pirodan
Individual
Free & Clear · 20 yrs held
Mailing address
11592 ALBORADA DR, SAN DIEGO, CA 92127-1034
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2005
$400,000
Mehdi Pirodan
Orlich Trust
Warranty Deed
—
Jun 30, 2004
$305,000
Orlich,tr
Peden,debra L
Grant Deed
—
Jan 29, 2002
—
Debra L Peden
Debra L Peden Trustee
Quit Claim Deed
related
$65,000 · American Savings Life Ins
Jun 26, 1997
—
Earl J Peden
Earl J & Wanda I Peden
Quit Claim Deed
related
—
—
—
Debra L Peden
—
Deed Of Trust
related
$260,000 · Bank Of Ephraim
—
—
Debra L Peden
—
Deed Of Trust
related
$268,822 · Bank Of Ephraim
—
—
J Peden Credit T Earl JR.
—
Deed Of Trust
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.
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