New search
Property profile & analytics
OFF-MARKET
Estimated value
$51,030,000
Distribution centers
6700 Morelos Pl, Chandler, AZ 85226-4215
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0879377
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2007
Construction
CONCRETE
Total area
183,061 SF
Lot
13.11 ac (571,288 SF)
Zoning code
PAD
APN
301-86-332
UPID
US07-0879377
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
-
Avnet, Inc. Electronics & Wireless Store
-
TechData Integration Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$55.82M
Blend (final)
Blend
$51.03M
Owner & transaction history
Robert C Samuel · 1 yrs held
Robert C Samuel
since 2025
Last sale
$47.3M
7 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$82.7M
+72.4%
Auto repair, garage
$70.5M
+46.9%
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$47,990,000
Current use
RETAIL STORES
$82,730,000
Change: +72% · Conversion: Moderate
AUTO REPAIR, GARAGE
$70,485,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$41,635,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$38,670,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$51.03M
Range $45.93M – $56.13M · ±10% · vs last sale $47.26M (Dec 28 2024)
Last sale anchor
$47.26M
Dec 28 2024
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
$279 / 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
$234,872
Tax year 2023
Assessed value
$5,836,430
Assessed 2024
Previous assessed
$5,105,185
+14.3% YoY
Effective rate
4.02%
On assessed value
Land market value
$5,430,900
Improvement market value
$29,941,400
Total market value
$35,372,300
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
183,061 SF
Lot
13.11 ac (571,288 SF)
Zoning code
PAD
APN
301-86-332
UPID
US07-0879377
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · 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
WAREHOUSE, STORAGE Current
Est. value
$48.0M
RETAIL STORES
Est. value
$82.7M
AUTO REPAIR, GARAGE
Est. value
$70.5M
OFFICE BUILDING
Est. value
$41.6M
MEDICAL BUILDING
Est. value
$38.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL 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
2007
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
13.11 ac
Current owner
From public records · entity-resolved
Robert C Samuel
Individual
Mailing address
2211 S 47TH ST, PHOENIX, AZ 85034-6403
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
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
$47,255,200
Robert C Samuel
Avnet INC
Special Warranty Deed
—
Dec 30, 2024
$36,000,000
Avnet INC
Gc Net Lease Phoenix Chandler Invr
Special Warranty Deed
—
Jun 14, 2013
—
Net Lease Phoenix Chandl Gc
—
Loan Modification
related
$400,000,000 · Key Bank & Trust
May 29, 2013
$31,500,000
Gc Net Lease Phoenix-chand
Fpro-1201 LLC-fpro-1221 Ll
Deed Of Trust
$200,000,000 · Key Bank & Trust
Apr 20, 2010
$4,984,746
Fpro-1220 LLC
Fort Xii LLC
Grant Deed
—
Apr 20, 2010
$1,009,372
Fpro-1221 LLC
Fort Xii LLC
Grant Deed
—
Feb 17, 2010
$784,204
Fpro-1219 LLC
Fort Xii LLC
Grant Deed
—
Oct 23, 2009
$469,746
Fpro-1218 LLC
Fort Xii LLC
Grant Deed
—
Oct 23, 2009
$687,150
Fpro-1216 LLC
Fort Xii LLC
Grant Deed
—
Oct 23, 2009
$1,242,304
Fpro-1217 LLC
Fort Xii LLC
Grant Deed
—
Apr 17, 2009
$663,856
Fpro-1215 LLC
Fort Xii LLC
Grant Deed
—
Apr 17, 2009
$679,385
Fpro-1213 LLC
Fort Xii LLC
Grant Deed
—
Feb 9, 2009
$1,378,181
Fpro-1208 LLC
Fort Xii LLC
Grant Deed
—
Feb 9, 2009
$1,382,064
Fpro-1212 LLC
Fort Xii LLC
Grant Deed
—
Feb 9, 2009
$1,591,702
Fpro-1214 LLC
Fort Xii LLC
Grant Deed
—
Dec 10, 2008
$1,436,414
Fpro-1208 LLC
Fort Xii LLC
Grant Deed
—
Dec 10, 2008
$3,443,512
Fpro-1207 LLC
Fort Xii LLC
Grant Deed
—
Nov 24, 2008
$951,139
Fpro-1211 LLC
Fort Xii LLC
Grant Deed
—
Nov 24, 2008
$776,440
Fpro-1209 LLC
Fort Xii LLC
Grant Deed
—
Nov 24, 2008
$1,172,425
Fpro-1206 LLC
Fort Xii LLC
Grant Deed
—
Nov 24, 2008
$3,882,201
Fpro-1210 LLC
Fort Xii LLC
Grant Deed
—
Jul 28, 2008
$2,888,358
Fpro-1205 LLC
Fort Xii LLC
Grant Deed
—
Jul 28, 2008
$551,273
Fpro-1203 LLC
Fort Xii LLC
Grant Deed
—
Jul 28, 2008
$1,432,532
Fpro-1201 LLC
Fort Xii LLC
Grant Deed
—
Jul 28, 2008
$1,630,524
Fpro-1202 LLC
Fort Xii LLC
Grant Deed
—
Jul 28, 2008
$5,784,479
Fpro-1204 LLC
Fort Xii LLC
Grant Deed
—
Jul 25, 2008
$35,200,000
Fort Xii LLC
Ryan/pilgrim Investments Chandler F
Special Warranty Deed
$20,000,000 · Wachovia Bank NA
—
—
Fort Xii LLC
—
Deed Of Trust
related
$20,000,000 · Wells Fargo Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6700 Morelos Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
