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Property profile & analytics
FOR SALE
Flex space
6615 W Boston St Chandler, AZ 85226
Entity Owned
Free & Clear
Property ID
US07-1295699
For Sale
1 / 2
$14,845,000
6615 W Boston St, Chandler, AZ 85226
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Construction
CONCRETE
Total area
96,000 SF
Lot
5.1 ac (222,030 SF)
Zoning code
I-2
APN
301-86-055A
UPID
US07-1295699
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
-
Advanced circuits Industrial Manufacturer Production Facility
-
Prime Controls, LP Production Facility
-
Jado/Porcher Medical Supply Store
-
Advanced Circuits-Chandler Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.83M
Comparable Approach
Comparable
$14.99M
Blend (final)
Blend
$14.85M
Owner & transaction history
Trea Chandler Boston LLC
Trea Chandler Boston LLC
since 2025
Last sale
$14.7M
7 recorded transactions
Zoning & alternative use
I-2 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$21.8M
+44.2%
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
$11,425,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,815,000
6.5%
$11,825,000
7%
$10,985,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$15,145,000
Current use
OFFICE BUILDING
$21,835,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$14.85M
Range $13.36M – $16.33M · ±10% · vs last sale $14.70M (Nov 24 2025)
Last sale anchor
$14.70M
Nov 24 2025
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
$155 / 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
$54,751
Tax year 2023
Assessed value
$2,019,765
Assessed 2024
Previous assessed
$1,481,686
+36.3% YoY
Effective rate
2.71%
On assessed value
Land market value
$2,070,600
Improvement market value
$10,170,400
Total market value
$12,241,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1978
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
96,000 SF
Lot
5.1 ac (222,030 SF)
Zoning code
I-2
APN
301-86-055A
UPID
US07-1295699
Jurisdiction
MARICOPA
Zoning & alternative use
I-2 · Chandler, AZ
Zoning I-2 · permitted uses
I-2 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chandler. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$15.1M
OFFICE BUILDING
Est. value
$21.8M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
1978
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
5.1 ac
Current owner
From public records · entity-resolved
Trea Chandler Boston LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1 BEACON ST #2800, BOSTON, MA 02108-3107
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
$14,700,000
Trea Chandler Boston LLC
Civf Vi Az1m01 LLC
Special Warranty Deed
—
Dec 22, 2020
—
Civf Vi-az1m01 LLC
—
Deed
related
$110,000,000 · Equitable Fin'l Life Ins Co
Jun 3, 2020
$9,194,000
Civf Vi-az1m01 LLC
Industrial Reit Ic
Grant Deed
—
Mar 29, 2018
—
Ic Industrial Reit
—
Deed
related
—
Jul 11, 2017
$8,160,000
Ic Industrial Reit
Evergreen Propco Ix LLC
Grant Deed
—
Sep 1, 2015
$5,875,000
Evergreen Propco Ix LLC Ix
Schneider-chandler LLC
Grant Deed
—
Dec 31, 2012
—
Schneider-chandler LLC
Schneider,lyle D
Quit Claim Deed
related
—
Aug 31, 2012
—
Lyle D Schneider
Schneider Lyle D Trust
Quit Claim Deed
related
—
Apr 2, 2008
—
Schneider Lyle D Trust
Schneider,lyle D
Quit Claim Deed
related
—
May 24, 1996
$3,600,000
Lyle D Schneider
Gittlin Companies INC
Grant Deed
$1,650,000 · Seller
Apr 16, 1996
$3,300,000
Gittlin Companies INC
Gila Properties L P
Grant Deed
—
—
—
Ic Industrial Reit
—
Deed Of Trust
related
—
—
—
Civf Vi-az1m01 LLC
—
Deed Of Trust
related
$110,000,000 · Equitable Fin'l Life Ins Co
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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