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Property profile & analytics
OFF-MARKET
Estimated value
$21,970,000
Warehouses
6877 Frye Rd, Chandler, AZ 85226-3307
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-2290815
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2014
Construction
CONCRETE
Total area
73,610 SF
Lot
3.61 ac (157,388 SF)
Zoning code
PAD
APN
301-86-974
UPID
US07-2290815
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
-
AvAir Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.38M
Blend (final)
Blend
$21.97M
Owner & transaction history
Ru 6877-6971 West Frye Road Ch · 8 yrs held
Ru 6877-6971 West Frye Road Ch
since 2017
5 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$33.3M
+72.4%
Auto repair, garage
$28.3M
+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
$19,300,000
Current use
RETAIL STORES
$33,265,000
Change: +72% · Conversion: Moderate
AUTO REPAIR, GARAGE
$28,345,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$16,745,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$15,550,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$21.97M
Range $19.77M – $24.17M · ±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
$298 / 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
$116,218
Tax year 2023
Assessed value
$2,339,634
Assessed 2024
Previous assessed
$1,766,708
+32.4% YoY
Effective rate
4.97%
On assessed value
Land market value
$2,177,000
Improvement market value
$12,002,600
Total market value
$14,179,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2014
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Units
2
Total area
73,610 SF
Lot
3.61 ac (157,388 SF)
Zoning code
PAD
APN
301-86-974
UPID
US07-2290815
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
$19.3M
RETAIL STORES
Est. value
$33.3M
AUTO REPAIR, GARAGE
Est. value
$28.3M
OFFICE BUILDING
Est. value
$16.7M
MEDICAL BUILDING
Est. value
$15.6M
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
2014
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.61 ac
Current owner
From public records · entity-resolved
Ru 6877-6971 West Frye Road Ch
Individual
Mailing address
3090 BRISTOL ST STE #550, COSTA MESA, CA 92626-3080
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2020
—
Ru 6877-6971 W Frye Road Chand
—
Deed
related
$19,950,000 · Union Bk&tr
Mar 27, 2018
—
Ru 6877-6971 West Frye Road Ch
—
Deed
related
$14,575,000 · Alliant Cu
Dec 28, 2017
$26,500,000
Ru 6877-6971 West Frye Road Ch
Reasons Aviation LLC
Grant Deed
$12,000,000 · Mcreif Subreit LLC
—
—
Ru 6877-6971 W Frye Road Chand
—
Deed Of Trust
related
$19,950,000 · Union Bk&tr
—
—
Ru 6877-6971 West Frye Road Ch
—
Deed Of Trust
related
$14,575,000 · Alliant Cu
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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