550 79Th StChandler, AZ 85226

Property Details for 550 79Th St

Year built

1995

Construction

STEEL FRAME

Lot size

1.79 AC

Property size (Sq ft)

7,980 SF

Zone code

I-1

Property type

Office properties

Property subtype

Office buildings

APN

301-89-812A

APU

30189812A

Description

This exceptional 117,351-square-foot industrial property, located at 550 S 79th St in Chandler, Arizona's Stellar Industrial Airpark, offers a unique opportunity for businesses seeking a versatile space. Zoned I-1, Chandler, this single-tenant property is available for lease or sale under a NNN lease structure. The property's classification encompasses distribution, flex, and warehouse uses, providing flexibility for a wide range of operational needs. Situated in Maricopa County, AZ, 85226, this prime location benefits from excellent access to major transportation arteries. The property includes a substantial yard area, ideal for contractor operations or storage, and complements a two-story office building (18,417 square feet) and a detached maintenance building. This rare offering presents a compelling investment prospect for businesses seeking a well-appointed and strategically located industrial facility in a thriving Arizona market. The property's size and features make it suitable for a variety of industrial uses, offering significant potential for growth and expansion. The combination of office space, yard area, and warehouse space provides a comprehensive solution for businesses requiring diverse operational needs. This is a rare opportunity to secure a substantial and well-equipped industrial property in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,241,742

  6.5%

  $1,146,223

  7%

  $1,064,350

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,230,117

  Geo Method

  $1,230,117

• Alternative Use

  Use

  Valuation

  Residential

  $1,421,317

  Hospitality

  $1,301,918

  Educational

  $1,083,181

  Medical

  $1,120,433

  Retail

  $1,684,948

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.2956

Longitude

-111.914

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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