Financial
Distress signals
Property profile

16222 59th Avea1 Glendale, AZ 85306

OFF-MARKET
Medical Office Space
Property ID
US07-1703467
20,000 SF 0.05 ac lot Built 2007
Last sale May 2024 · $7,668,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a four-building medical office complex comprising built-out medical and general office suites. It includes free-standing buildings with covered and uncovered parking and provides direct suite access plus elevator service to the second floor. Building and monument signage is available, and the site is located near hospitals and major area highways. The total property size is 42,478 square feet, with suite sizes ranging from 1,459 square feet to approximately 35,000 square feet

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?
$6k
Tax billed · 2023
Assessed value · 2024$113k
Effective rate5.65%

Value estimate

· Sep 2026
$7.67M
$6.90M – $8.44M
AI approach$7.67M
Sales comparison$7.67M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$225/SF
ZIP average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$58 – $383
Qualifying comparables5

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-O
The commercial office district provides for financial and professional service offices located on arterial streets or adjacent to commerc...
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 Firm34.0
Realty agency23.7
Parking Facility15.3

Location

16222 59th Avea1 Glendale, AZ 85306-1701
County assessor Recorded deeds · 3 transfers 5 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5750 Thunderbird, Glendale, AZ 85306-4660 $2,115,000 Dec 2022 6,515 SF
13936 59th, Glendale, AZ 85306 $619,935 Jan 2020 8,482 SF
16390 59th, Glendale, AZ 85306-1711 $4,750,000 Apr 2019 12,400 SF
5750 Thunderbird Rd, Glendale, AZ 85306-4660 $2,350,000 Jan 2019 6,515 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
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 16222 59th Avea1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message