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Property profile & analytics
OFF-MARKET
Estimated value
$6,780,000
Individual retail properties
702 Cleveland St Chandler, AZ 85225
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1239168
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1937
Construction
CONCRETE
Total area
780 SF
Lot
2 ac (86,946 SF)
Zoning code
MH-1
APN
302-70-065
UPID
US07-1239168
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.78M
Owner & transaction history
Ath Mhpr Villa Nueva Az LLC · 4 yrs held
Ath Mhpr Villa Nueva Az LLC
since 2021
Last sale
$6.9M
6 recorded transactions
Zoning & alternative use
MH-1 · 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
$6,525,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.78M
Range $6.10M – $7.46M · ±10% · vs last sale $6.91M (Dec 30 2021)
Last sale anchor
$6.91M
Dec 30 2021
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
$8,692 / 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
$5,526
Tax year 2023
Assessed value
$94,620
Assessed 2024
Previous assessed
$83,390
+13.5% YoY
Effective rate
5.84%
On assessed value
Land market value
$653,400
Improvement market value
$292,800
Total market value
$946,200
Applied tax rate
800,300.0000
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
1937
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
780 SF
Lot
2 ac (86,946 SF)
Zoning code
MH-1
APN
302-70-065
UPID
US07-1239168
Jurisdiction
MARICOPA
Zoning & alternative use
MH-1 · Chandler, AZ
Zoning MH-1 · permitted uses
MH-1 · 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.
Building & site characteristics
From public records
Year built
1937
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Ath Mhpr Villa Nueva Az LLC
Entity
Mailing address
5404 WISCONSIN AVE STE #1150, CHEVY CHASE, MD 20815-3596
Ownership since
2021
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
Dec 30, 2021
$6,905,467
Ath Mhpr Villa Nueva Az LLC
Ch Rlty Viii Th Mhc Chamdler Greent
Special Warranty Deed
—
Feb 13, 2020
$5,250,000
Ch Realty Viii-th Mhc Chand
Greentree Community LLC
Grant Deed
—
Apr 25, 2017
—
Treehouse Elmwood LLC
—
Grant Deed
related
$6,200,000 · Midfirst Bk
Dec 31, 2007
—
Treehouse Greentree LLC
Treehouse Invest 1 LLC
Quit Claim Deed
related
—
Apr 30, 2007
$2,142,000
Treehouse Invest I LLC
Thompson 94th LLC
Warranty Deed
$6,000,000 · Community Bank Of Arizona
Sep 2, 1994
—
John B Amos
Shipley Trust
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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