Property profile

691 Arizona Ave Chandler, AZ 85225

OFF-MARKET
Turn key restaurants
Property ID
US07-2637018
1,817 SF 0.28 ac lot Built 1950
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction CONCRETE
Total area 1,817 SF
Lot 0.28 ac (12,250 SF)
Zoning code C-3
APN 302-66-019
UPID US07-2637018

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Restaurant
  • Restaurant
  • Restaurant

Location

691 Arizona Ave Chandler, AZ 85225-6950
Chandler metro Census 522903 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$711k
Blend (final) Blend
$590k

Owner & transaction history

since 2022
7 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A

Zoning & alternative use

C-3 · Chandler, AZ
Zoning description

ordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1305. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIV. -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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