Financial
Distress signals
Property profile

1940 W Glendale Ave Phoenix, AZ 85021

FOR SALE
Individual retail properties
Property ID
US07-1908657
5,700 SF 1.44 ac lot Built 2007
Last sale Feb 2023 · $3,920,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value · 2024$773k
Effective rate5.59%

Value estimate

· Sep 2026
$4.50M
$4.05M – $4.94M
NOI build-up
Gross scheduled income$251k
Vacancy & credit loss−$26k
Operating expenses−$68k
NOI · 5.38% cap applied$158k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.38%
$158k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.9
Realty agency15.2
HVAC Service12.1

Location

1940 W Glendale Ave Phoenix, AZ 85021
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8002 19th, Phoenix, AZ 85021-5101 $2,500,000 Oct 2024 4,019 SF
1819 Dunlap, Phoenix, AZ 85021-4375 $17,000,000 Aug 2024 5,704 SF
7080 19th, Phoenix, AZ 85021-8586 $2,100,000 Jun 2023 6,695 SF
10009 19th, Phoenix, AZ 85021-1907 $200,000 Feb 2022 4,160 SF
1501 Mtn Vw, Phoenix, AZ 85021-2157 $300,000 Feb 2021 3,760 SF
2444 Northern, Phoenix, AZ 85021-4847 $950,000 Oct 2020 4,028 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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