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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Flex space
8 Roosevelt Ave Chandler, AZ 85226-3409
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0393250
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1982
Construction
CONCRETE
Total area
5,568 SF
Lot
0.56 ac (24,224 SF)
Zoning code
C-2
APN
301-86-079
UPID
US07-0393250
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
-
SDARR STUDIOS Marketing & Advertising
-
Abide Physical Therapy Medical Clinic
-
Ragnarok Performance Training Gym & Fitness Center
-
Have Thumbs, Will Travel! at EVSC Alternative Medicine Practice Spa & Massage Center
-
East Valley Strength and Conditioning Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.26M
Owner & transaction history
East Valley Crossfit LLC · 4 yrs held
East Valley Crossfit LLC
since 2021
5 recorded transactions
Zoning & alternative use
C-2 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.5M
+66.2%
Office building
$1.3M
+44.2%
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
INDUSTRIAL (GENERAL)
$880,000
Current use
WAREHOUSE, STORAGE
$1,460,000
Change: +66% · Conversion: Easy
OFFICE BUILDING
$1,265,000
Change: +44% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$225 / 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
$8,414
Tax year 2023
Assessed value
$169,175
Assessed 2024
Previous assessed
$137,632
+22.9% YoY
Effective rate
4.97%
On assessed value
Land market value
$386,700
Improvement market value
$638,600
Total market value
$1,025,300
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
5,568 SF
Lot
0.56 ac (24,224 SF)
Zoning code
C-2
APN
301-86-079
UPID
US07-0393250
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Chandler, AZ
Zoning C-2 · permitted uses
C-2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$880,000
WAREHOUSE, STORAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
OFFICE 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
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
East Valley Crossfit LLC
Entity
Mailing address
8 N ROOSEVELT AVE, CHANDLER, AZ 85226-3409
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2021
—
East Valley Crossfit LLC
Ia Enterprises LLC
Warranty Deed
$760,000 · Arizona Bank & Trust
Dec 22, 2017
$628,000
Ia Ents LLC
Wroble,john E
Warranty Deed
$810,000 · Capitalsource
Jan 31, 2000
$465,000
John E Wroble
Scognamillo,frank & Ellen M
Grant Deed
$433,000 · Money Store Investment Corp
Jul 17, 1995
$343,000
Frank Scognamillo
Motay Electronics INC
Grant Deed
—
Jul 24, 1990
$310,014
Motay Electronic
Taylor
Grant Deed
$83,000 · Seller
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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