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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Warehouses
6948 Chandler Blvd Chandler, AZ 85226-3236
Entity Owned
7-yr Hold
Free & Clear
Property ID
US07-1553710
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
CONCRETE
Total area
22,646 SF
Lot
0.06 ac (2,793 SF)
Zoning code
PAD
APN
301-85-811
UPID
US07-1553710
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
-
Kona Reef Az - Chandler (Bike/Boat/Book/etc) Store Pet Store
-
R&R Dent Removal Auto Repair Shop
-
AAMCO Transmissions & Total Car Care Auto Repair Shop
-
Mac's Complete Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.91M
Blend (final)
Blend
$3.87M
Owner & transaction history
Bixbykibbee LLC · 7 yrs held
Bixbykibbee LLC
since 2018
6 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,935,000
Current use
OFFICE BUILDING
$5,150,000
Change: -13% · Conversion: Difficult
MEDICAL BUILDING
$4,785,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±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
$171 / 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
$3,641
Tax year 2023
Assessed value
$87,401
Assessed 2024
Previous assessed
$70,686
+23.6% YoY
Effective rate
4.17%
On assessed value
Land market value
$105,900
Improvement market value
$423,800
Total market value
$529,700
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
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
22,646 SF
Lot
0.06 ac (2,793 SF)
Zoning code
PAD
APN
301-85-811
UPID
US07-1553710
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
$5.9M
OFFICE BUILDING
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$4.8M
WAREHOUSE, STORAGE Current
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
2008
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.06 ac
Current owner
From public records · entity-resolved
Bixbykibbee LLC
Entity
Free & Clear · 7 yrs held
Mailing address
681 SPARTA DR, ENCINITAS, CA 92024-1821
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2018
$1,030,000
Bixbykibbee LLC
Auto Shop Holdings LLC
Special Warranty Deed
—
May 31, 2018
—
Milaco Commercial Invstment
R & R Dent Removal INC
Grant Deed
related
—
May 30, 2013
$888,483
Pathfinder Trf Five LLC Fiv
Chamberlain Dev LLC
Grant Deed
—
Apr 9, 2009
—
Auto Shop Holdings LLC
Owner Name Unavailable
Grant Deed
related
$773,286 · Bank Of America
Mar 31, 2009
$1,933,215
Auto Shop Holdings LLC
Chamberlain Dev LLC
Grant Deed
related
$966,608 · Bank Of America
Mar 10, 2009
—
Chamberlain Dev LLC
Owner Name Unavailable
Grant Deed
related
—
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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