Property profile

5753 West Erie St Chandler, AZ 85226

FOR SALE
Flex space
Property ID
US07-1245839
14,901 SF 0.86 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 14,948-square-foot masonry warehouse building constructed in 1996, providing a fully air-conditioned interior environment. The facility has grade-level loading and approximately 16 feet of clear height, and is equipped with sprinkler systems for fire safety. The property is zoned PAD (Planned Area Development) by the City of Chandler and includes 9 parking spaces. The building is located at 5753 W Erie St, Chandler, AZ.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1996
Construction CONCRETE
Total area 14,901 SF
Lot 0.86 ac (37,244 SF)
Zoning code PAD
APN 301-87-019
UPID US07-1245839

Cap rate & NOI

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

Location

5753 West Erie St Chandler, AZ 85226
Chandler metro Census 810500 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.69M

Owner & transaction history

since 2023
Last sale
$8.6M
7 recorded transactions
2023
$8.6M
2020
Price N/A
2019
$1.5M
2006
Price N/A
1992
Price N/A
1991
$50,279
1988
Price N/A

Zoning & alternative use

PAD · Chandler, AZ
Zoning description

rezoning classification to be sought by, or to be applicable to, private interests for off-airport parcels or uses. Off-airport uses shall be considered under other zoning designations, such as Planned Area Development (…

General category RESIDENTIAL

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
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More about this property
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