Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,150,000
Strip malls
20329 59th Ave Glendale, AZ 85308-6853
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US07-1079537
Property summary
AI-generated overview
Arrowhead Ranch, a Class B retail center in Glendale, Arizona (85308), offers exceptional investment opportunities. Located at 20329 N 59th Ave, this 22,280 square foot property sits on a 2.27-acre lot (APN 200-23-980B, Maricopa County) and is zoned SC. The center currently features a mix of retail and restaurant uses, including an EOS Fitness anchor tenant. There are two total suites available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 4,800 square feet. Currently, 7,968 square feet of space is vacant, presenting a significant opportunity for new tenants. The property boasts a strong demographic profile, with an average household income exceeding $100,000 within a 3-mile radius. This makes it an ideal location for businesses targeting a high-income consumer base. The property's multiple tenancy structure offers flexibility for various business types. Interested parties should note that the property is categorized as Retail and Restaurant, with a subtype of Restaurant and Fitness.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
CONCRETE
Total area
22,185 SF
Lot
2.27 ac (98,926 SF)
Zoning code
SC
APN
200-23-980B
UPID
US07-1079537
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
-
Premier Orthodontics of Arrowhead/Glendale Dental Office
-
Code Ninjas Training Center Tutoring Service
-
Lindsay Puccetti Physician
-
Carly Hernandez Physician
-
Xhemile Haruni Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.39M
Blend (final)
Blend
$5.15M
Owner & transaction history
Dcl Investments LLC · 11 yrs held
Dcl Investments LLC
since 2015
4 recorded transactions
Zoning & alternative use
SC · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.8M
+6.1%
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 Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$6,410,000
Current use
COMMERCIAL (GENERAL)
$6,800,000
Change: +6% · Conversion: Easy
RETAIL STORES
$5,895,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$5.15M
Range $4.64M – $5.67M · ±10%
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
$232 / 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
$51,391
Tax year 2023
Assessed value
$656,634
Assessed 2024
Previous assessed
$550,664
+19.2% YoY
Effective rate
7.83%
On assessed value
Land market value
$1,196,300
Improvement market value
$2,783,300
Total market value
$3,979,600
Applied tax rate
970,700.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
22,185 SF
Lot
2.27 ac (98,926 SF)
Zoning code
SC
APN
200-23-980B
UPID
US07-1079537
Jurisdiction
MARICOPA
Zoning & alternative use
SC · Glendale, AZ
Zoning SC · permitted uses
SC · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.4M
COMMERCIAL (GENERAL)
Est. value
$6.8M
RETAIL STORES
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.27 ac
Current owner
From public records · entity-resolved
Dcl Investments LLC
Entity
Mailing address
9393 N 90TH ST STE #102, SCOTTSDALE, AZ 85258-5073
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2021
—
Dcl Investments LLC
—
Deed
related
$4,210,000 · Pacific Premier Bank
May 7, 2015
$6,000,000
Dcl Investments LLC
Ahr LLC
Special Warranty Deed
$4,200,000 · Opus Bank
Sep 7, 1999
—
Ahr LLC
Patrick Properties INC
Grant Deed
related
—
—
—
Ahr LLC
—
Deed Of Trust
related
$4,400,000 · Midfirst Bank State Savings Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20329 59th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
