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Property profile & analytics
OFF-MARKET
Estimated value
$3,155,000
Industrial properties
55 56th St Chandler, AZ 85226-3351
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-0771703
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1995
Construction
CONCRETE
Total area
10,711 SF
Lot
4.33 ac (188,493 SF)
Zoning code
I-1
APN
301-85-077
UPID
US07-0771703
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
-
American Equipment, Inc. Construction Company General Contractor
-
Durus Industrial Mining Consultant Power Plant Consultant
-
Iron Haven Scaffolding and Insulation General Contractor Construction Company
-
Mobile Force Refueling Gas Station
-
Rock Solid Express, Southwest Division Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.16M
Blend (final)
Blend
$3.16M
Owner & transaction history
Gsmc Investments LLP · 7 yrs held
Gsmc Investments LLP
since 2018
7 recorded transactions
Zoning & alternative use
I-1 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.8M
+186.4%
Auto repair, garage
$4.1M
+144.0%
Warehouse, storage
$2.8M
+66.2%
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
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
RETAIL STORES
$4,840,000
Change: +186% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,125,000
Change: +144% · Conversion: Easy
WAREHOUSE, STORAGE
$2,810,000
Change: +66% · Conversion: Easy
OFFICE BUILDING
$2,435,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$3.16M
Range $2.84M – $3.47M · ±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
$295 / 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
$40,601
Tax year 2023
Assessed value
$721,149
Assessed 2024
Previous assessed
$633,267
+13.9% YoY
Effective rate
5.63%
On assessed value
Land market value
$2,116,700
Improvement market value
$2,253,900
Total market value
$4,370,600
Applied tax rate
280,300.0000
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
2
Total area
10,711 SF
Lot
4.33 ac (188,493 SF)
Zoning code
I-1
APN
301-85-077
UPID
US07-0771703
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Chandler, AZ
Zoning I-1 · permitted uses
I-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.4M
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
4.33 ac
Current owner
From public records · entity-resolved
Gsmc Investments LLP
Entity
Mailing address
PO BOX 12528, TEMPE, AZ 85284-0043
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2018
—
Gsmc Investments LLP
Durus Industrial LLC
Grant Deed
—
Feb 16, 2018
—
Durus Industrial LLC
Gsmc Investments LLP
Grant Deed
related
—
Feb 24, 2010
$2,777,500
Gsmc Investments LLP
Analma Co LLC
Warranty Deed
—
Jul 31, 1995
$710,603
Analma Company L L C
L C T Trust
Grant Deed
related
$645,603 · Seller
Jun 8, 1994
$198,045
L C T Company INC
C C & F Investme
Trustees Deed
—
Jul 7, 1993
$901,627
Cc&f Investment Co LP
Williams Field R
Trustees Deed
—
—
—
Analma Company LLC
—
Deed Of Trust
related
$800,000 · Bank One Arizona
—
—
Analma Company LLC
—
Deed Of Trust
related
$200,000 · Bank One NA
—
—
Analma Co LLC
—
Deed Of Trust
related
$1,443,750 · Wells Fargo Home Mortgage INC
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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