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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Medical Office Space
908 Chandler Blvd, Chandler, AZ 85225-2548
Individually Owned
5-yr Hold
Free & Clear
Property ID
US07-1571336
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
CONCRETE
Total area
3,296 SF
Lot
0.53 ac (23,234 SF)
Zoning code
PAD
APN
302-52-117L
UPID
US07-1571336
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
-
1st Choice Website Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Sharon Adams, L.P.C. Counselor
-
TRAVIS CULLIMORE, DDS Dental Office
-
Healing Heart Home Health Home Health Care Service
-
Dutiful Angels Behavioral Clinic Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.03M
Owner & transaction history
Robert Bell · 5 yrs held
Robert Bell
since 2021
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.5M
+113.9%
Auto repair, garage
$1.3M
+82.3%
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
$1,025,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$695,000
Current use
RETAIL STORES
$1,490,000
Change: +114% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,270,000
Change: +82% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.03M (Oct 21 2024)
Last sale anchor
$1.03M
Oct 21 2024
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
$311 / 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
$9,325
Tax year 2023
Assessed value
$145,497
Assessed 2024
Previous assessed
$145,129
+0.3% YoY
Effective rate
6.41%
On assessed value
Land market value
$513,600
Improvement market value
$368,200
Total market value
$881,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
3,296 SF
Lot
0.53 ac (23,234 SF)
Zoning code
PAD
APN
302-52-117L
UPID
US07-1571336
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Chandler, AZ
Zoning PAD · permitted uses
PAD · 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
MEDICAL BUILDING Current
Est. value
$695,000
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1999
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Robert Bell
Individual
Free & Clear · 5 yrs held
Mailing address
703 KIRK CT, TULARE, CA 93274-1501
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
Jun 11, 2021
$1,025,000
Robert Bell
Kimble & Associates LLC
Warranty Deed
—
May 15, 2013
$430,000
Kimble & Associates LLC
Flanery,cecil A JR Trust
Warranty Deed
—
Oct 19, 2012
—
Flanery Cecil A JR Trust
Flanery Cecil A JR Trust
Quit Claim 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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