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Property profile

801 Ray Rd Chandler, AZ 85225

OFF-MARKET
Medical Office Space
Property ID
US07-0928468
View Sample
3,540 SF 0.42 ac lot Built 1980
Individually Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional commercial property, located at 801 W Ray Road Unit 801 in Chandler, Arizona, presents a unique investment opportunity. Situated on a 0.42-acre lot, the building boasts a highly desirable location with excellent visibility on a busy street, providing unparalleled access to a large customer base. Its previous use as a medical/dental office and current use as a church demonstrates its adaptability and suitability for a wide range of commercial ventures. The property features a spacious conference room, ideal for meetings or presentations, and benefits from the convenience of dual parking lots, ensuring ample space for clients and staff. The strategic location offers easy access to major freeways, enhancing its appeal for businesses requiring convenient transportation links. A significant advantage is the absence of HOA or condo fees, minimizing ongoing expenses and maximizing the return on investment. This low-maintenance property offers unparalleled flexibility, making it an attractive proposition for discerning investors seeking a prime commercial space in the thriving Chandler market. The property's versatility, combined with its prime location and minimal ongoing costs, makes it a truly exceptional opportunity. Don't miss this chance to acquire a highly sought-after commercial property in one of Chandler's most desirable areas. The asking price is $899,999.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Construction CONCRETE
Total area 3,540 SF
Lot 0.42 ac (18,295 SF)
Zoning code MF-2
APN 302-49-152
UPID US07-0928468

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
  • Church
  • Pediatrician Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$898k
Blend (final) Blend
$820k

Owner & transaction history

since 2025
Last sale
$750,000
6 recorded transactions
2025
$750,000
2024
Price N/A
2018
$525,000
2001
$280,000
1997
$178,000
1988
Price N/A

Zoning & alternative use

MF-2 · Chandler, AZ
Zoning description

. No. 1041, § 1, 3-25-82; Ord. No. 3063, § 3, 11-18-99) 35-804. - Parking regulations. All required off-street parking shall be in accordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) ARTICLE IX. -…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $1.4M +82.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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