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Financial
Distress signals
Property profile

1970 Glendale Ave Phoenix, AZ 85021

OFF-MARKET
Drive through restaurants
Property ID
US07-1577905
3,150 SF 0.75 ac lot Built 2007
Last sale Feb 2024 · $2,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a renovated, single-tenant retail site in Phoenix, Arizona located at 1970 W Glendale Ave at the intersection of Glendale Ave and 19th Ave. It contains approximately 3,106 square feet of space and includes drive-thru service to support customer access. The site is configured for a net lease arrangement with a lease structure that historically included periodic rent increases over an extended term and was backed by a corporate guaranty from Starbucks Corporation. The surrounding…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$267k
Effective rate7.85%

Value estimate

· Oct 2026
$2.85M
$2.57M – $3.14M
AI approach$2.85M
Submarket $/SF estimate$2.53M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$260 – $828
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-G
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 Firm29.3
Realty agency18.2
Parking Facility13.2

Location

1970 Glendale Ave Phoenix, AZ 85021-7840
County assessor Recorded deeds · 7 transfers 10 qualifying comp sales 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1851 Northern, Phoenix, AZ 85021-5260 $1,100,000 Jun 2025 2,966 SF
7023 19th, Phoenix, AZ 85021-8502 $2,500,000 Nov 2024 3,254 SF
8001 19th, Phoenix, AZ 85021-5159 $1,900,000 Oct 2024 3,048 SF
1739 Glendale, Phoenix, AZ 85021-8870 $830,000 Jan 2024 2,990 SF
9402 3rd, Phoenix, AZ 85021 $519,500 Jan 2024 2,993 SF
10025 19th, Phoenix, AZ 85021-1907 $300,000 Feb 2023 3,000 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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