Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$22,620,000
Mobile home & RV parks
501 Ray Rd Chandler, AZ 85225-3359
Entity Owned
Free & Clear
Property ID
US07-0086256
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
8.35 ac (363,552 SF)
Zoning code
MH-1
APN
302-67-005E
UPID
US07-0086256
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
-
Local HVAC Expert HVAC Service General Contractor
-
Chandler Dental Arts Dental Office
-
Eco Lawn LLC Landscaping General Contractor
-
Monica Banerjee Physician
-
CASA Speech and Development Services Chandler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.62M
Owner & transaction history
Chandler Meadows Arizona LLC
Chandler Meadows Arizona LLC
since 2025
Last sale
$22.6M
7 recorded transactions
Zoning & alternative use
MH-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,269
Tax year 2023
Assessed value
$248,160
Assessed 2024
Previous assessed
$210,300
+18.0% YoY
Effective rate
3.74%
On assessed value
Land market value
$2,481,600
Total market value
$2,481,600
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Lot
8.35 ac (363,552 SF)
Zoning code
MH-1
APN
302-67-005E
UPID
US07-0086256
Jurisdiction
MARICOPA
Zoning & alternative use
MH-1 · Chandler, AZ
Zoning MH-1 · permitted uses
MH-1 · 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
Heating
NONE
Lot
8.35 ac
Current owner
From public records · entity-resolved
Chandler Meadows Arizona LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 2300, GILBERT, AZ 85299-2300
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
$22,621,000
Chandler Meadows Arizona LLC
Bcore Chandler Meadows LLC
Special Warranty Deed
—
Mar 4, 2020
—
Bcore Chandler Meadows LLC
—
Deed
related
$187,350,000 · Walker & Dunlop
Jul 31, 2019
$13,250,000
Bcore Chandler Meadows LLC
Chandler Mhc LLC
Grant Deed
related
—
Aug 31, 2016
—
Chandler Mhc LLC
—
Deed
related
$8,825,000 · Wells Fargo Bk
Mar 1, 2010
—
Chandler Mhc LLC
—
Deed Of Trust
related
$5,295,000 · Wells Fargo Bank
Feb 22, 2005
$8,575,000
Chandler Mhc LLC
Mhp 5 LLC
Grant Deed
$6,860,000 · General Electric Capital Corp
Jul 31, 1997
$2,350,000
5 L L C Mhp
Chandler Home Park Invest
Grant Deed
$2,500,000 · General Electric Capital Corp
Mar 31, 1988
$1,770,000
Chandler Meadows
Jes D
Grant Deed
—
—
—
Chandler Mhc LLC
—
Deed Of Trust
related
$8,825,000 · Wells Fargo Bk
—
—
Bcore Chandler Meadows LLC
—
Deed Of Trust
related
$187,350,000 · Walker & Dunlop
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 501 Ray Rd?
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.
