Property profile

940 54th St Chandler, AZ 85226

OFF-MARKET
Turn key restaurants
Property ID
US07-3170953
5,402 SF 1.97 ac lot Built 2007
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction CONCRETE
Total area 5,402 SF
Lot 1.97 ac (85,813 SF)
Zoning code PAD
APN 301-84-202
UPID US07-3170953

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
  • Gym & Fitness Center
  • Restaurant
  • Barber Shop

Location

940 54th St Chandler, AZ 85226-1501
Chandler metro Census 810400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.26M
Blend (final) Blend
$4.07M

Owner & transaction history

since 2015
5 recorded transactions
2015
Price N/A
2014
$7.3M
2014
Price N/A
2012
Price N/A
1999
Price N/A

Zoning & alternative use

PAD · Chandler, AZ
Zoning description

rezoning classification to be sought by, or to be applicable to, private interests for off-airport parcels or uses. Off-airport uses shall be considered under other zoning designations, such as Planned Area Development (…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $4.3M +54.6%
Neighborhood: shopping center $3.4M +22.3%

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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