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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Strip malls
10630 59th Ave Glendale, AZ 85304-1239
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-3484488
Property summary
AI-generated overview
This exceptional 1,279 square foot retail space is ideally situated at 10630 N 59th Ave in Glendale, Arizona, within Maricopa County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a fantastic opportunity for a variety of businesses. The property is classified as a commercial space, specifically suited for a barbershop, though adaptable to other retail uses. Its location in Glendale, AZ, zip code 85304, offers excellent visibility and accessibility. The entire 1,279 square feet is available for lease, providing ample space for a retail operation. This property is a single-tenant building, ensuring exclusive use and control. The building's size and layout offer flexibility for customization to meet specific business needs. Prospective tenants will appreciate the convenience of this location and the opportunity to establish a thriving business in a vibrant community. This is a rare opportunity to secure a well-located, move-in ready retail space in a desirable area of Glendale. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
12,852 SF
Lot
2.55 ac (111,126 SF)
Zoning code
PAD
APN
143-02-002K
UPID
US07-3484488
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
-
Healthy Teeth Family Dentistry Dental Office
-
David Dorman - State Farm Insurance Agent Insurance Agency
-
Dr. Brar Dental Office
-
That Crazy Dog Lady Pet Grooming Pet Grooming Service
-
Oculista Vilma Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$3.08M
Owner & transaction history
59th Hd Owner LLC · 1 yrs held
59th Hd Owner LLC
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
PAD · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.1M
+10.8%
Commercial (general)
$3.9M
+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
$3,715,000
Current use
OFFICE BUILDING
$4,115,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,940,000
Change: +6% · Conversion: Easy
RETAIL STORES
$3,415,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±10% · vs last sale $2.80M (Apr 1 2025)
Last sale anchor
$2.80M
Apr 1 2025
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
$240 / 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
$25,904
Tax year 2023
Assessed value
$429,460
Assessed 2024
Previous assessed
$356,711
+20.4% YoY
Effective rate
6.03%
On assessed value
Land market value
$770,200
Improvement market value
$1,832,589
Total market value
$2,602,789
Applied tax rate
110,700.0000
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
2005
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
12,852 SF
Lot
2.55 ac (111,126 SF)
Zoning code
PAD
APN
143-02-002K
UPID
US07-3484488
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Glendale, AZ
Zoning PAD · permitted uses
PAD · 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
$3.7M
OFFICE BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.9M
RETAIL STORES
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
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
2005
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
59th Hd Owner LLC
Entity
Mailing address
1916 S GILBERT RD STE #5, MESA, AZ 85204-6811
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
$2,795,000
59th Hd Owner LLC
Plaza 59 Investors LLC
Special Warranty Deed
$1,537,250 · Desert Financial Cu
Jan 10, 2022
—
Plaza 59 Investors LLC
Alan R Schneider
Special Warranty Deed
—
Jan 10, 2020
$373,963
Schneider Living Trust
Emst Well Trust
Grant Deed
—
Sep 15, 2017
$1,450,000
Schneider Living Trust
Peoria 59 LLC
Grant Deed
$1,087,500 · Firstbank
Jun 26, 2014
$1,150,000
Peoria 59 LLC
Mcnichol Christopher M
Trustees Deed
—
Aug 29, 2007
—
Wortrich Family Trust
Richkamp LLC
Quit Claim Deed
—
May 23, 2006
$4,600,000
59th Ave & Peoria Invtrs LLC
59th Peoria Investors LLC
Grant Deed
$2,915,000 · Barness Papas Investments LLC
Jun 18, 2004
$1,200,000
59th Peoria Investors LLC
Osco Drug Of Texas INC
Grant Deed
$2,077,940 · Key Bank & Trust
—
—
59th Ave & Peoria Invtrs LLC
—
Deed Of Trust
related
$2,900,000 · Bank Of Hemet
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.
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