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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Strip malls
6050 Chandler Blvd Chandler, AZ 85226-3419
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-0046461
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Construction
CONCRETE
Total area
6,728 SF
Lot
1.11 ac (48,375 SF)
Zoning code
C-2
APN
301-68-011A
UPID
US07-0046461
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
-
Yogis Grill Restaurant
-
Firehouse Subs Kyrene & Chandler Take-out & Catering Catering Service
-
Andrew Abela Physician
-
Emmie Nail Bar Nail Salon
-
Arabella grill & wings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.74M
Owner & transaction history
C & H Chandler Kyrene LLC · 6 yrs held
C & H Chandler Kyrene LLC
since 2020
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
C-2 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rdance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1205. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIII. - C-2-COMMUNITY COMMERCIAL DISTRICT 35-1300. - Purpose. This district is intended to serve several functions by providing central concentratio…
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
205.85 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
$2,195,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,270,000
Current use
RESTAURANT
$3,490,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±10% · vs last sale $2.68M (Feb 21 2020)
Last sale anchor
$2.68M
Feb 21 2020
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
$407 / 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
$24,826
Tax year 2023
Assessed value
$397,733
Assessed 2024
Previous assessed
$349,809
+13.7% YoY
Effective rate
6.24%
On assessed value
Land market value
$1,388,400
Improvement market value
$1,022,100
Total market value
$2,410,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
6,728 SF
Lot
1.11 ac (48,375 SF)
Zoning code
C-2
APN
301-68-011A
UPID
US07-0046461
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Chandler, AZZoning C-2 · permitted uses
C-2 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rdance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1205. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIII. - C-2-COMMUNITY COMMERCIAL DISTRICT 35-1300. - Purpose. This district is intended to serve several functions by providing central concentrations of uses offering goods and/or services for larger areas of Chandler. Establishme
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
205.85 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.3M
RESTAURANT
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
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
2006
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
C & H Chandler Kyrene LLC
Entity
Mailing address
420 E ALAMOSA DR, CHANDLER, AZ 85249-5312
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2020
—
C & H Chandler Kyrene LLC
C & H Chandler Kyrene LLC
Quit Claim Deed
related
—
May 10, 2016
—
C&h Chandler Kyrene LLC
—
Deed
related
$850,000 · Republicbankaz NA
Jul 15, 2014
—
C & H Chandler Kyrene LLC
Charles Keith LLC
Deed In Lieu Of Foreclosure
related
—
Dec 18, 2006
$2,675,000
Charles Keith LLC
Eric Kaufman
Special Warranty Deed
$2,040,000 · Morgan Stanley Mortgage Capital INC
Dec 18, 2006
—
Eric Kaufman
Skyrene One Investments LLC
Grant Deed
—
Dec 21, 2005
—
City Of Chandler
Skyrene One Investments LLC
Grant Deed
related
—
Oct 15, 2004
$750,000
Skyrene One Investments LLC
Kyoto Bowl Investments INC
Grant Deed
—
Feb 24, 2003
—
Chandler City (az)
National Bank Arizona
Grant Deed
related
—
Jul 2, 1998
—
Kyoto Bowl Investments INC
—
Deed Of Trust
related
$15,000,000 · Finova Capital Corp
Dec 31, 1997
$382,500
Kyoto Bowl Investments INC
Mobil Oil Corp
Grant Deed
—
Sep 1, 1989
$500,000
Mobil Oil Co
—
Grant Deed
related
—
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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