Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Grocery and convenience stores
5002 Chandler Blvd Phoenix, AZ 85048-0800
Entity Owned
~
Est. High Equity
Property ID
US07-3479683
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1998
Construction
CONCRETE
Total area
2,777 SF
Lot
1.32 ac (57,412 SF)
Zoning code
CP/GCP
APN
301-84-174
UPID
US07-3479683
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
-
Chevron Auto Repair Shop
-
Amazon Hub Locker - Banquette Marketing & Advertising IT Consulting Firm
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.31M
Blend (final)
Blend
$665k
Owner & transaction history
Cmi Arboretum Apartment Owner LLC
Cmi Arboretum Apartment Owner LLC
since 2026
7 recorded transactions
Zoning & alternative use
CP/GCP · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The most flexible option provides for a broad range of manufacturing, warehousing, distribution and supportive retail sales and services
Zone name
General Commerce Park
General category
INDUSTRIAL
Zone area
2,738.84 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.9M
+173.6%
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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,935,000
Change: +174% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$239 / 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
$25,801
Tax year 2023
Assessed value
$405,675
Assessed 2024
Previous assessed
$324,292
+25.1% YoY
Effective rate
6.36%
On assessed value
Land market value
$1,632,800
Improvement market value
$825,836
Total market value
$2,458,636
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
2
Total area
2,777 SF
Lot
1.32 ac (57,412 SF)
Zoning code
CP/GCP
APN
301-84-174
UPID
US07-3479683
Jurisdiction
MARICOPA
Zoning & alternative use
CP/GCP · Phoenix, AZZoning CP/GCP · permitted uses
CP/GCP · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The most flexible option provides for a broad range of manufacturing, warehousing, distribution and supportive retail sales and services
Zone name
General Commerce Park
General category
INDUSTRIAL
Zone area
2,738.84 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.9M
COMMERCIAL (GENERAL)
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
1998
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
1.32 ac
Current owner
From public records · entity-resolved
Cmi Arboretum Apartment Owner LLC
Entity
Mailing address
4417 W LAWLER LOOP, PHOENIX, AZ 85083-1695
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
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
Mar 10, 2026
—
Cmi Arboretum Apartment Owner LLC
Srgmf IV 50th Street Phoenix LLC
Deed
related
—
Jun 29, 2022
—
Tee Jay II LLC
—
Deed
related
$1,900,000 · Western Alliance Bank
Nov 16, 2020
—
Tee Jay Holding Co INC
Golden Way Corp INC
Correction Deed
—
Sep 11, 2020
—
Tee Jay Holding Co INC
Golden Way Corp INC
Correction Deed
—
Sep 2, 2020
—
Tee Jay Holding Co INC
Golden Way Corp INC
Grant Deed
—
Nov 13, 2019
—
Golden Way Corp
Golden Way Corporaiton
Correction Deed
related
$1,750,000 · Midfirst Bank
Nov 8, 2018
—
Tee Jay II LLC
—
Deed
related
$1,939,000 · Western Alliance Bk
Oct 10, 2018
$924,000
Golden Way Corp INC
Tee Jay II LLC
Warranty Deed
—
Jun 3, 2014
$2,082,000
Tee Jay II LLC
Act Holdings LLC
Special Warranty Deed
$2,050,000 · Atlantic Commercial Trust LLC
Jun 27, 2013
—
Act Holdings LLC
Cheema Petroleum INC
Deed In Lieu Of Foreclosure
—
May 31, 2006
$4,000,000
Cheema Petroleum INC
Chandler Arbid LLC
Special Warranty Deed
$3,000,000 · M & I Marshall & Ilsley Bank
Nov 23, 1999
$3,500,000
Chandler Arbid LLC
3d One LLC
Grant Deed
$2,400,000 · Ge Capital Business Asset Fund
Aug 25, 1997
$850,000
One L L C 3d
Foothills/gateway L C
Grant Deed
$1,885,000 · Metlife Capital Financial Corp
—
—
Tee Jay II LLC
—
Loan Modification
related
$1,939,000 · Western Alliance Bk
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 5002 Chandler Blvd?
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.
