Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    555 Galleria Way Chandler, AZ 85226-4999
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    555 Galleria Way Chandler, AZ 85226-4999

    View on Map
    • Office buildings
    • 3,314 SF
    • 11.40 lot acres
    Off-Market
    Last Sale Jan 22, 2026
    $109,000,000
    Property ID
    US07-2386446
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Boland Law Group, PLLC / Law Firm
    • Bow Meow Squeak! / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • Michelle Cesa, RD - Nutritionist Dietitian / Physician
    • Testada / Restaurant
    • Avant at Fashion Center / Apartment Complex / Apartment Building

    Property Details for 555 Galleria Way

    Year built
    2015
    Construction
    STEEL FRAME
    Lot size
    11.40 lot acres
    Property size
    3,314 SF
    Zone code
    PAD
    Property type
    Office buildings
    APN
    301-65-968
    APU
    30165968

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.897
    Latitude
    33.295
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $507,728
    $0.00
    $0.00
    $11,779,610
    -
    $23,559,200
    $94,236,900
    $117,796,100

    Comparable in this City

    • Value Estimation
      $1,585,000
      9,834 SF

      5720 Chandler Blvd, Unit C2

      OFFICE BUILDING • 9,834 SF
      5720 Chandler Blvd, Chandler, AZ 85226-3359
      View Details
    • Value Estimation
      $2,860,000
      17,758 SF

      5580 Chandler Blvd, Unit I1

      OFFICE BUILDING • 17,758 SF
      5580 Chandler Blvd, Chandler, AZ 85226-3697
      View Details
    • Value Estimation
      $610,000
      3,784 SF

      Chandler, AZ 85226

      OFFICE BUILDING • 3,784 SF
      Chandler, AZ 85226
      View Details
    • Value Estimation
      $3,205,000
      19,872 SF

      5740 Chandler Blvd, Unit A7

      OFFICE BUILDING • 19,872 SF
      5740 Chandler Blvd, Chandler, AZ 85226-3361
      View Details
    • Value Estimation
      $1,495,000
      9,262 SF

      5660 Chandler Blvd Ste, Unit 1

      OFFICE BUILDING • 9,262 SF
      5660 Chandler Blvd Ste, Chandler, AZ 85226-3332
      View Details
    • Value Estimation
      $775,000
      4,814 SF

      118 Kyrene Rd Ste, Unit 1

      OFFICE BUILDING • 4,814 SF
      118 Kyrene Rd Ste, Chandler, AZ 85226-4718
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      117,351 SF

      Chandler Office Building For Sale

      Class A office building in Stellar Industrial Airpark.
      550 S 79Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      8,165 SF

      Chandler Flex Space with Storage

      8,165 SF flex space with gated storage in Chandler.
      4131 W Lindbergh Way, Chandler, AZ 85226
      View Details
    • $1,155,000
      3,300 SF

      Move-In Ready Medical Office Condo

      Recently renovated medical office condo near South 202 and I-10.
      5700 W Chandler Blvd, Chandler, AZ 85226
      View Details
    • $1,155,000

      Chandler Office Building For Sale

      Office building near South 202 and I-10 interchange.
      5700 W Chandler Blvd, Chandler, AZ 85226
      View Details
    • $1,750,000
      4,064 SF

      Chandler Retail Space - Drive-Thru

      Prime Chandler location, 4,064 SF, vacant.
      5915 Chandler Blvd, Chandler, AZ 85226
      View Details
    • $3,500,000
      10,708 SF

      Stellar Airpark Freestanding Aircraft Hangar

      Freestanding aircraft hangar with direct taxiway access in Stellar Airpark.
      4143 W Venus Way, Chandler, AZ 85226
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      58,697 SF

      Chandler Office Building For Rent

      Class A office building in a bustling southeast valley location.
      350 N Mcclintock Dr, Chandler, AZ 85226
      View Details
    • $32 SF/Yr

      Multi-Tenant Office Buildings For Rent

      Multi-tenant office buildings in a campus-like environment, Chandler, Arizona.
      5500-5590 West Chandler Blvd, Chandler, AZ 85226
      View Details
    • $29 SF/Yr
      36,918 SF

      Chandler Office Space Available

      Office building in Chandler, Arizona, offering 36,918 square feet.
      585 North Juniper Dr, Chandler, AZ 85226
      View Details
    • Contact for pricing

      Modern Office Space in Chandler

      Fully-serviced workspaces in a vibrant, entrepreneurial city.
      3100 West Ray Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing

      Chandler Warehouse with Office Space

      Available warehouse space with office, dock doors, and HVAC.
      400 N 56Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing

      Adaptable Industrial Condo for Rent

      Versatile industrial condo, zoned I-1, perfect for businesses.
      110 South 54Th St, Chandler, AZ 85226
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    555 Galleria Way
    Chandler, AZ 85226-4999
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!