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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Grocery and convenience stores
570 Galveston St Chandler, AZ 85225-8817
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-1030481
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1973
Construction
CONCRETE
Total area
2,400 SF
Lot
0.52 ac (22,521 SF)
Zoning code
C-1
APN
302-67-007B
UPID
US07-1030481
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
-
Karinas Meat Market Grocery & Convenience Store Food Market
-
Coby’s Restaurant
-
10 Chandler Business Service Center Corporate Office
-
Fidem Credit Repair LLC Financial Advisor
-
Vigo Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$760k
Owner & transaction history
Gian Rondon · 8 yrs held
Gian Rondon
since 2017
6 recorded transactions
Zoning & alternative use
C-1 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
orage or service area. (Ord. No. 3063, § 3, 11-18-99) 35-1106. - Parking regulations. All required off-street parking shall be in accordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) ARTICLE XII. - C-1-NEIGHBORHOOD COMMERCIAL DISTRICT 35-1200. - Purpose. The uses permitted in this district are intended primarily to serve the needs of th…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
24.39 ac
Source
code of ordinances
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
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$317 / 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
$3,687
Tax year 2023
Assessed value
$83,867
Assessed 2024
Previous assessed
$75,616
+10.9% YoY
Effective rate
4.40%
On assessed value
Land market value
$331,000
Improvement market value
$177,286
Total market value
$508,286
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
2,400 SF
Lot
0.52 ac (22,521 SF)
Zoning code
C-1
APN
302-67-007B
UPID
US07-1030481
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Chandler, AZZoning C-1 · permitted uses
C-1 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
orage or service area. (Ord. No. 3063, § 3, 11-18-99) 35-1106. - Parking regulations. All required off-street parking shall be in accordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) ARTICLE XII. - C-1-NEIGHBORHOOD COMMERCIAL DISTRICT 35-1200. - Purpose. The uses permitted in this district are intended primarily to serve the needs of the surrounding residential neighborhood by providing goods and services that are day
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
24.39 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Gian Rondon
Individual
Mailing address
13740 E WILLIAMS FLD RD, GILBERT, AZ 85295-5216
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2017
$400,000
Gian Rondon
Jimenez,alberto J
Warranty Deed
$250,000 · Alberto Jimenez
Mar 18, 2016
$400,000
Alberto J Jimenez
Murillo,daniel
Grant Deed
$325,000 · Daniel & Guadalupe Murillo
May 13, 1998
$145,000
Daniel Murillo
Putrus,mikhail & Sabiha
Grant Deed
$106,500 · Excel Mortgage Corp
Sep 29, 1997
$120,000
Mikhail Putrus
Sami & Laila Salameh
Grant Deed
$90,000 · Bank One Arizona
Jan 26, 1996
$105,000
Sami Salameh
Yelwoc L L C
Grant Deed
$80,000 · Seller
Jan 20, 1995
$51,500
L L C Yelwoc
Circle K Corporation
Grant Deed
—
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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