Realmo Analytics

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Financial
Distress signals
Property profile

500 N 56Th St Chandler, AZ 85226

FOR LEASE
Flex space
Property ID
US07-1023587
24,398 SF 2.71 ac lot Built 1988
Last sale Oct 2021 · $7,558,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$819k
Effective rate4.42%

Value estimate

· Oct 2026
$7.25M
$6.52M – $7.97M
Submarket $/SF estimate$6.08M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$4k
Operating expenses−$3k
NOI · 1,073,034.48% cap applied$16k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$158/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$33 – $295
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,073,034.48%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-1
This district is intended to accommodate those light industrial uses which are not offensive to nearby agricultural, residential, commerc...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility13.1
Pharmacy12.4
Convenience Store12.1

Location

500 N 56Th St Chandler, AZ 85226
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 Southgate, Chandler, AZ 85226-3222 $1,200,000 Nov 2025 18,227 SF
7225 Oakland, Chandler, AZ 85226-2433 $1,950,000 Jun 2023 15,401 SF
5753 Erie, Chandler, AZ 85226-2749 $8,612,400 Mar 2023 14,901 SF
105 Southgate, Chandler, AZ 85226-3240 $600,000 Dec 2021 18,227 SF
590 54th, Chandler, AZ 85226-2557 $106,000,000 Nov 2021 36,000 SF
6700 Chicago, Chandler, AZ 85226-3336 $8,292,000 Oct 2021 22,590 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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