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Property profile & analytics
FOR LEASE
Commercial real estate
4909 E Chandler Blvd, Phoenix, AZ 85048
Entity Owned
20-yr Hold
Free & Clear
Property ID
US07-0982501
For Lease
1 / 2
$31,725,000
4909 E Chandler Blvd, Phoenix, AZ 85048
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Construction
CONCRETE
Total area
26,055 SF
Lot
3.54 ac (154,410 SF)
Zoning code
C-2
APN
301-85-214
UPID
US07-0982501
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
-
Sonoran Hills Dental Dental Office
-
Bell' Italia Pizzeria Restaurant
-
John's Cutting Edge Barber Shp Barber Shop
-
The Salon Spot Hair Salon Nail Salon
-
Dr. Collin N. Ito, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$34.64M
Blend (final)
Blend
$31.73M
Owner & transaction history
Ahp Plaza LLC · 20 yrs held
Ahp Plaza LLC
since 2005
7 recorded transactions
Zoning & alternative use
C-2 · Phoenix, 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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$31.73M
Range $28.55M – $34.90M · ±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
$1,218 / 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
$88,936
Tax year 2023
Assessed value
$1,341,368
Assessed 2024
Previous assessed
$1,179,324
+13.7% YoY
Effective rate
6.63%
On assessed value
Land market value
$3,615,600
Improvement market value
$4,513,900
Total market value
$8,129,500
Applied tax rate
281,300.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
2
Total area
26,055 SF
Lot
3.54 ac (154,410 SF)
Zoning code
C-2
APN
301-85-214
UPID
US07-0982501
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
3.54 ac
Current owner
From public records · entity-resolved
Ahp Plaza LLC
Entity
Free & Clear · 20 yrs held
Mailing address
7595 E MCDONALD DR STE #130, SCOTTSDALE, AZ 85250-6081
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
Aug 10, 2022
—
Ahp Plaza LLC
—
Deed
related
$4,292,925 · The First National Bank Of Hutchinson
Nov 28, 2017
—
Ahp Plaza LLC
—
Deed
related
$500,000 · Arizona Bank & Trust
Aug 31, 2017
—
Ahp Plaza LLC
—
Grant Deed
related
$4,250,000 · Arizona Bk
Dec 30, 2005
$8,559,746
Ahp Plaza LLC
Ctb Investments LLC
Grant Deed
—
Mar 28, 2003
$7,890,000
Ctb Investments LLC
Chandler Desert Marketplace Ll
Grant Deed
—
Mar 1, 2002
$6,675,000
Chandler Desert Marketplace
Ahwatukee Hills Investors LLC
Grant Deed
$4,672,500 · Nomura Credit & Capital INC
—
—
Ahp Plaza LLC
—
Loan Modification
related
$3,828,132 · Wbcmt 2002-c1 Retail 48th LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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