1343 Alma School RdChandler, AZ 85224

Property Details for 1343 Alma School Rd

Year built

1986

Construction

CONCRETE

Lot size

0.38 AC

Property size (Sq ft)

25,157 SF

Zone code

PAD

Property type

Medical offices

Property subtype

Medical centers

APN

302-43-180Z

APU

30243180Z

Description

This exceptional two-story medical office building, totaling 25,884 square feet, presents a rare opportunity in the thriving Chandler market. Currently offering two available suites ranging from 1,503 to 2,500 contiguous square feet, out of a total 4,003 square feet of vacant space, this multi-tenant property boasts a desirable location just two blocks north of the intersection of N. Alma School Rd and W. Ray Rd, providing excellent visibility and convenient access to major thoroughfares like SR-87 and Loop 101. Built in 1986, the building sits on a 0.379-acre lot and features ample parking with a 5:1000 ratio, including covered and reserved options. The property is zoned PAD, Chandler (APN: 302-43-180Z, Maricopa County) and benefits from prominent signage, lush landscaping, and an on-site restaurant. Its strategic location offers proximity to established retail and dining options, as well as major medical facilities including Chandler Regional Medical Center (7 minutes away) and Dignity Health Arizona General Hospital (9 minutes away). The existing tenant mix includes a diverse range of medical specialties, creating a synergistic environment. This is an ideal opportunity for medical professionals seeking a high-profile location within a thriving medical community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,233,317

  6.5%

  $3,907,677

  7%

  $3,628,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,877,952

  Geo Method

  $3,877,952

• Alternative Use

  Use

  Valuation

  Residential

  $4,845,520

  Hospitality

  $4,438,470

  Educational

  $3,692,755

  Medical

  $3,819,754

  Retail

  $5,744,286

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.3255

Longitude

-111.858

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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