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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
950 Mcqueen Rd Chandler, AZ 85225-8126
Entity Owned
5-yr Hold
Free & Clear
Property ID
US07-0065037
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2003
Construction
CONCRETE
Total area
34,140 SF
Lot
2.38 ac (103,455 SF)
Zoning code
PAD
APN
302-68-968
UPID
US07-0065037
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
-
Sonoran Gastroenterology Medical Clinic
-
Rajan Khosla, MD Physician
-
Joseph D Davis, MD Physician
-
Prestige Walk in Tubs Chandler 🛁 Kitchen & Bath Showroom Furniture & Home Goods
-
Rajan Khosla Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mcr 4302 LLC · 5 yrs held
Mcr 4302 LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$40,293
Tax year 2023
Assessed value
$971,415
Assessed 2024
Previous assessed
$698,989
+39.0% YoY
Effective rate
4.15%
On assessed value
Land market value
$2,715,500
Improvement market value
$3,171,864
Total market value
$5,887,364
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
34,140 SF
Lot
2.38 ac (103,455 SF)
Zoning code
PAD
APN
302-68-968
UPID
US07-0065037
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.
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Mcr 4302 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3930 S ALMA SCHOOL RD STE #5, CHANDLER, AZ 85248-4510
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
—
Sga Re 1 LLC
—
Deed
related
$700,000 · First Citizens Bank & Trust Co
Feb 17, 2021
$2,200,000
Mcr 4302 LLC
Lif East Valley II LLC
Special Warranty Deed
—
Feb 17, 2021
$2,700,000
Sga Re 1 LLC
Mcr 4302 LLC
Special Warranty Deed
—
Dec 31, 2015
$3,000,000
Lif East Valley II LLC
Mancebo LLC
Grant Deed
—
Jan 11, 2011
—
Phoenix 7 Portfolio LLC
—
Deed Of Trust
related
$26,450,000 · Resource R/e Funding Cd 2007-1
Nov 26, 2010
—
Phoenix 7 Portfolio LLC
—
Deed Of Trust
related
$26,450,000 · Resource R/e Funding Cd 2007-1
Aug 31, 2010
—
Phoenix 7 Portfolio LLC
—
Deed Of Trust
related
$26,450,000 · Resource R/e Funding Cdo 2007-
May 1, 2009
—
Mancebo LLC
Phoenix 7 Portfolio LLC
Warranty Deed
—
May 23, 2007
$3,300,000
Phoenix 7 Portfolio LLC
German Dobson Cvs LLC
Grant Deed
—
Jun 26, 2006
$3,300,000
German Dobson Cvs LLC
Osco Drug Of Texas LLC
Quit Claim Deed
—
Jan 15, 2003
—
Osco Drug Texas INC
American Drug Stores INC
Grant Deed
related
—
—
—
Phoenix 7 Portfolio LLC
—
Deed Of Trust
related
$26,450,000 · Resource Real Estate INC
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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