Property profile

550 Ellis St Chandler, AZ 85224

OFF-MARKET
Flex space
Property ID
US07-0407987
44,390 SF 17.32 ac lot Built 1999
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1999
Construction CONCRETE
Total area 44,390 SF
Lot 17.32 ac (754,246 SF)
Zoning code I-1
APN 303-24-209
UPID US07-0407987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Logistics Company Freight Service

Location

550 Ellis St Chandler, AZ 85224-4951
Chandler metro Census 811200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.42M
Blend (final) Blend
$12.42M

Owner & transaction history

since 2025
4 recorded transactions
2025
$45.0M
2025
Price N/A
2025
$8.4M
2024
Price N/A

Zoning & alternative use

I-1 · Chandler, AZ
Zoning description

cordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1405. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XV. -…

General category INDUSTRIAL
Top alternative use upside
Retail stores $20.1M +175.5%
Auto repair, garage $17.1M +134.8%
Medical building $10.5M +44.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 550 Ellis St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message