MakeMe Estimate: $9.11M (estimated market value), with a likely range of $7.28M to $10.8M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $7,496,467 times a 1.22 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Chandler, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 0.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $18,256,012 in 2025; the estimate is about 50% apart. Treat the recorded trade as strong evidence alongside the model.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Chandler
median verified sale $398.92/SF over the trailing 24 months; 18 sales in the last 12 months and 36 in 24 (newest verified sale 2026-02); the middle 80% of recent sales traded at 0.64x to 2.17x their county full cash value, median 1.22x (36 sales with usable county values).
2022: $377.07/SF median (18 sales)
2023: $372.55/SF median (13 sales)
2024: $434.58/SF median (16 sales)
2025: $416.67/SF median (13 sales)
2026 YTD: $253.50/SF median (5 sales)
This estimate sits at 1.22x county full cash value, the 50th percentile of those recent sale premiums.
Computed from 291 verified arm's-length sales in Maricopa County public records (36 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2025-03-01 for $18,256,012 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-03-01: $18,256,012 from Norman Cienega Property Group LLC to Ji LLC, rec. 250149057
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $7,352,276 (2026) to $7,496,468 (2027), up 2% over 1 years, per county tax rolls. The 2027 roll splits $7,496,468 into $2,540,500 land and $4,955,967 improvements.