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Property profile & analytics
FOR SALE
Warehouses
6900 W Morelos Pl Chandler, AZ 85226
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US07-0137411
For Sale
1 / 2
$13,500,000
6900 W Morelos Pl, Chandler, AZ 85226
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Construction
CONCRETE
Total area
47,617 SF
Lot
3.69 ac (160,555 SF)
Zoning code
PAD
APN
301-86-098A
UPID
US07-0137411
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
-
Stahls Inc Industrial Manufacturer Production Facility
-
GroupeSTAHL West Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.78M
Blend (final)
Blend
$12.55M
Owner & transaction history
Western Holdings LLC · 19 yrs held
Western Holdings LLC
since 2007
7 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$18.3M
+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
$12,485,000
Current use
AUTO REPAIR, GARAGE
$18,335,000
Change: +47% · Conversion: Easy
OFFICE BUILDING
$10,830,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$10,060,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$12.55M
Range $11.30M – $13.81M · ±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
$264 / 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
$63,608
Tax year 2023
Assessed value
$1,336,451
Assessed 2024
Previous assessed
$1,064,336
+25.6% YoY
Effective rate
4.76%
On assessed value
Land market value
$2,213,600
Improvement market value
$5,886,100
Total market value
$8,099,700
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
For Sale
Year built
2002
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
47,617 SF
Lot
3.69 ac (160,555 SF)
Zoning code
PAD
APN
301-86-098A
UPID
US07-0137411
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
$12.5M
AUTO REPAIR, GARAGE
Est. value
$18.3M
OFFICE BUILDING
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$10.1M
WAREHOUSE, STORAGE Current
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
2002
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.69 ac
Current owner
From public records · entity-resolved
Western Holdings LLC
Entity
Mailing address
6353 E 14TH MILE RD, STERLING HEIGHTS, MI 48312-5804
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
—
Western Holdings LLC
—
Deed
related
—
Aug 1, 2016
—
Western Holdings LLC
—
Deed
related
$11,000,000 · Comerica Bk
Jun 4, 2008
—
Western Holdings LLC
—
Deed Of Trust
related
$1,500,000 · Comerica Bank
Apr 13, 2007
$4,400,000
Western Holdings LLC
Ryan Of Pilgrim Invs Chandler Fre
Grant Deed
$3,616,000 · Comerica Bank
—
—
Western Holdings LLC
—
Deed Of Trust
related
—
—
—
Western Holdings LLC
—
Deed Of Trust
related
$3,326,446 · Comerica Bank
—
—
Western Holdings LLC
—
Deed Of Trust
related
$2,480,000 · Comerica Bank
—
—
Western Holdings LLC
—
Loan Modification
related
$11,000,000 · Comerica Bk
—
—
Western Holdings LLC
—
Loan Modification
related
$53,826,389 · Comerica Bank
—
—
Ryan Cha
—
Deed Of Trust
related
$8,575,000 · Bank One NA
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?”
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