Entity Owned Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2021
Total area
226,220 SF
Lot
8.7 ac (378,806 SF)
Zoning code
AG-1
APN
303-28-022C
UPID
US07-0415706
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
-
Department Store Grocery & Convenience Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.87M
Comparable Approach
Comparable
$29.13M
Blend (final)
Blend
$24.23M
Owner & transaction history
since 2021
Last sale
$20.0M
7 recorded transactions
Zoning & alternative use
AG-1 · Chandler, AZ
Zoning description
ARTICLE IV. - AG-1-AGRICULTURAL DISTRICT 35-400. - Purpose. The purpose of this district is to provide for agricultural areas within the City and to protect and conserve these areas within and adjacent to urban developme…
General category
AGRICULTURAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$24.23M
Value range
$21.80M – $26.65M
±10% around blend
Estimated value / SF
$107 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$21.80M
blend $24.23M
$26.65M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
226,220 SF
Lot area
8.7 ac
Year built
2021
Stories
1
APN
303-28-022C
Zoning
AG-1
Assessed value
$3,444,969
Annual tax
$99,786
3
Income approach: direct capitalization
Partial preview
Income approach indication
$27.87M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$30.20M
@ 6.5% CAP return
$27.87M
@ 7% CAP return
$25.88M
4
Sales comparison
Partial preview
Sales approach indication
$29.13M
Range $8.79M – $67.57M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$24.23M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$184
-42%
Submarket 83 sales
$164
-35%
County 1188 sales
$230
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $107/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Overview
Implied cap rate
9.40%
Implied, in-place cap rate for this flex space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.40%
9.0%
NOI (est.)
$1.40M *
Last sale · Oct 2021
$20.02M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$14.91M
Move the market yield to see immediate price impact.
Value / SF
$66
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.90%9.40%9.90%
$1.26M
$14.17M
$13.42M
$12.74M
$1.40M
$15.75M
$14.91M
$14.16M
$1.54M
$17.32M
$16.40M
$15.57M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$99,786
Tax year 2023
Assessed value
$3,444,969
Assessed 2024
Previous assessed
$1,542,920
+123.3% YoY
Effective rate
2.90%
On assessed value
Land market value
$4,470,700
Improvement market value
$16,407,900
Total market value
$20,878,600
Applied tax rate
800,300.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2021
Heating
NONE
Stories
1
Total area
226,220 SF
Lot
8.7 ac (378,806 SF)
Zoning code
AG-1
APN
303-28-022C
UPID
US07-0415706
Jurisdiction
MARICOPA
Zoning & alternative use
AG-1 · Chandler, AZZoning AG-1 · permitted uses
AG-1 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
ARTICLE IV. - AG-1-AGRICULTURAL DISTRICT 35-400. - Purpose. The purpose of this district is to provide for agricultural areas within the City and to protect and conserve these areas within and adjacent to urban developme…
General category
AGRICULTURAL
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Lot
8.7 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
AG-1
AGRICULTURAL
Jurisdiction
Chandler, AZ
Recorded code
AG-1
Official district
AG-1
Official district profile
What the municipal code says about AG-1
Zoning description
ARTICLE IV. - AG-1-AGRICULTURAL DISTRICT 35-400. - Purpose. The purpose of this district is to provide for agricultural areas within the City and to protect and conserve these areas within and adjacent to urban developme…
General category
AGRICULTURAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for AG-1 in Chandler, AZ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 800 Germann Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Get access to Data & Analytics Reports
Choose the membership plan that suits your needs
Unlock 1 Light Report
Free
Confirm your email
and get 1 Light Report
and get 1 Light Report
Your report includes if available
- Property Ownership
- Basic report summary
MOST POPULAR
Professional plan
$99
/mo
30 FULL REPORTS a month.
Your membership includes if available
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
Enterprise plan
$299
/mo
300 FULL REPORTS a month.
Your membership includes if available
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
