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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Grocery and convenience stores
774 Arizona Ave Chandler, AZ 85225-6711
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1359909
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1961
Construction
CONCRETE
Total area
2,520 SF
Lot
0.24 ac (10,629 SF)
Zoning code
C-3
APN
302-57-052A
UPID
US07-1359909
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
-
Western Union Bank Credit Union
-
Citibank ATM Atm
-
7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$640k
Owner & transaction history
Single Entity LLC · 5 yrs held
Single Entity LLC
since 2021
Last sale
$636,000
3 recorded transactions
Zoning & alternative use
C-3 · 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
$600,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$485,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $636k (Mar 3 2021)
Last sale anchor
$636k
Mar 3 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
$254 / 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
$3,466
Tax year 2023
Assessed value
$59,850
Assessed 2024
Previous assessed
$51,595
+16.0% YoY
Effective rate
5.79%
On assessed value
Land market value
$203,900
Improvement market value
$158,830
Total market value
$362,730
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Total area
2,520 SF
Lot
0.24 ac (10,629 SF)
Zoning code
C-3
APN
302-57-052A
UPID
US07-1359909
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Chandler, AZ
Zoning C-3 · permitted uses
C-3 · 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
1961
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Single Entity LLC
Entity
Mailing address
PO BOX 11934, PHOENIX, AZ 85061-1934
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2021
$636,000
Single Entity LLC
Garren Enterprises Limited Partners
Special Warranty Deed
$414,100 · Firstbank
May 9, 1989
—
Garren Ent Ltd P
Unknown
Grant Deed
related
—
Jul 10, 1987
$67,500
Guy Warr Whitney
—
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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