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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Medical Office Space
4920 Alma School Rd Chandler, AZ 85248-5547
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0073840
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
CONCRETE
Total area
3,822 SF
Lot
0.61 ac (26,723 SF)
Zoning code
PAD
APN
303-48-757
UPID
US07-0073840
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
-
Lakeside Dental Care Dental Office
-
John M. Lopez, DMD Dental Office
-
Scott Wayment, OD Physician
-
MyAllergiesToday.com Physician Medical Clinic
-
Revolution Mental Health Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.42M
Owner & transaction history
Friday Knights LLC · 3 yrs held
Friday Knights LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.7M
+113.9%
Auto repair, garage
$1.5M
+82.3%
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
$1,815,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,725,000
Change: +114% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,470,000
Change: +82% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.45M (Feb 24 2023)
Last sale anchor
$1.45M
Feb 24 2023
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
$372 / 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
$17,429
Tax year 2023
Assessed value
$241,350
Assessed 2024
Previous assessed
$208,182
+15.9% YoY
Effective rate
7.22%
On assessed value
Land market value
$668,000
Improvement market value
$794,727
Total market value
$1,462,727
Applied tax rate
800,302.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,822 SF
Lot
0.61 ac (26,723 SF)
Zoning code
PAD
APN
303-48-757
UPID
US07-0073840
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Friday Knights LLC
Entity
Mailing address
3489 E BASELINE RD, GILBERT, AZ 85234-2651
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
$1,450,000
Friday Knights LLC
Azzk Alma School LLC
Special Warranty Deed
$1,232,500 · First Citizens Bank & Trust Co
Nov 14, 2022
—
Azzk Alma School LLC
—
Deed
related
$3,000,000 · Oceanic Enterprises Limited Partnership
Jan 29, 2020
—
Azzk Alma School LLC
—
Deed
related
$900,000 · Jpmorgan Chase Bank NA
Aug 24, 2018
—
Aztk LLC
—
Grant Deed
related
$2,380,000 · Mohave St Bk
May 24, 2007
—
Azzk Alma School LLC
Kian,kianoush
Warranty Deed
—
May 21, 2007
$1,490,000
Kianoush Kian
4920 Sas LLC
Warranty Deed
$790,000 · Sonoran Bank NA
Aug 3, 2004
—
4920 Sas LLC
Alma Sch Acquisition L Trust
Warranty Deed
$805,000 · Compass Bank
Jun 9, 2004
$1,245,000
Alma School Acquisition Trust
4920 Sas LLC
Grant Deed
—
Dec 30, 2003
—
4920 Sas LLC
Orizona LP
Grant Deed
related
—
Jun 28, 2002
—
Orizona Ltd
Gray,william V
Grant Deed
related
—
Mar 18, 2002
$475,000
William V Gray
Regency Trust
Grant Deed
$641,000 · Desert Hills Bank
Mar 18, 2002
$375,000
Regency Family Trust
Regency Realty Group INC
Grant Deed
related
—
—
—
Azzk Alma School LLC
—
Deed Of Trust
related
$782,185 · Sonoran Bank NA
—
—
Azzk Aima School LLC
—
Deed Of Trust
related
$874,199 · Sonoran Bank NA
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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