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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Grocery and convenience stores
975 Chandler Blvd Chandler, AZ 85225-4901
Entity Owned
5-yr Hold
Free & Clear
Property ID
US07-2439129
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1980
Construction
CONCRETE
Total area
2,816 SF
Lot
0.19 ac (8,482 SF)
Zoning code
C-1
APN
303-22-095Q
UPID
US07-2439129
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
-
LLLReptile & Supply Chandler (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$725k
Owner & transaction history
1216 Avenida Chelsea LLC · 5 yrs held
1216 Avenida Chelsea LLC
since 2021
Last sale
$725,000
3 recorded transactions
Zoning & alternative use
C-1 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
orage or service area. (Ord. No. 3063, § 3, 11-18-99) 35-1106. - 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 XII. - C-1-NEIGHBORHOOD COMMERCIAL DISTRICT 35-1200. - Purpose. The uses permitted in this district are intended primarily to serve the needs of th…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
24.39 ac
Source
code of ordinances
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
$685,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$585,000
7%
$540,000
Blend value · Realmo final
$725k
Range $653k – $798k · ±10% · vs last sale $725k (Jul 2 2021)
Last sale anchor
$725k
Jul 2 2021
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
$257 / 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
$4,265
Tax year 2023
Assessed value
$64,049
Assessed 2024
Previous assessed
$53,550
+19.6% YoY
Effective rate
6.66%
On assessed value
Land market value
$212,000
Improvement market value
$176,175
Total market value
$388,175
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
CONVENIENCE STORE
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,816 SF
Lot
0.19 ac (8,482 SF)
Zoning code
C-1
APN
303-22-095Q
UPID
US07-2439129
Jurisdiction
MARICOPA
Zoning & alternative use
C-1 · Chandler, AZZoning C-1 · permitted uses
C-1 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
orage or service area. (Ord. No. 3063, § 3, 11-18-99) 35-1106. - 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 XII. - C-1-NEIGHBORHOOD COMMERCIAL DISTRICT 35-1200. - Purpose. The uses permitted in this district are intended primarily to serve the needs of the surrounding residential neighborhood by providing goods and services that are day
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
24.39 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
1216 Avenida Chelsea LLC
Entity
Free & Clear · 5 yrs held
Mailing address
3504 SECLUDED LN, FALLBROOK, CA 92028-8335
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
Jul 2, 2021
$725,000
1216 Avenida Chelsea LLC
Hnp Holdings LLC
Special Warranty Deed
—
Nov 28, 2016
$285,000
Hnp Holdings LLC
Vincent Lucero
Special Warranty Deed
$530,000 · Western State Bank
Nov 1, 2016
$285,000
Vincent Lucero
Huie,living Trust
Warranty Deed
—
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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