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    OFF-MARKET Estimated value $820,000
    Medical Office Space

    801 Ray Rd, Chandler, AZ 85225-6767

    3,540 SF 0.42 ac lot Built 1980
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US07-0928468
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • City Light Church Church
    • Dr. Robert E. Bell, DO 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
    Vietnamese Buddhist Congregation Of · 1 yrs held
    Vietnamese Buddhist Congregation Of
    since 2025
    Last sale
    $750,000
    6 recorded transactions
    2025
    $750,000
    2024
    2018
    $525,000
    2001
    $280,000
    1997
    $178,000
    1988
    Zoning & alternative use
    MF-2 · Chandler, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.4M +82.3%
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