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Property profile & analytics
OFF-MARKET
Estimated value
$4,495,000
Warehouses
10911 Glenn Dr Glendale, AZ 85307
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0833900
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Total area
206,812 SF
Lot
3.32 ac (144,706 SF)
Zoning code
M-1
APN
142-59-034
UPID
US07-0833900
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.50M
Owner & transaction history
Glenn Drive Storage LLC · 4 yrs held
Glenn Drive Storage LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or area of any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and M-2. 4. Accessory buildings and structures, including tool/storage sheds, shall be included in lot coverage calculations for all zo…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,974.74 ac
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
$3,690,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.50M
Range $4.05M – $4.94M · ±10% · vs last sale $3.00M (Oct 19 2021)
Last sale anchor
$3.00M
Oct 19 2021
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
$22 / 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
$8,265
Tax year 2023
Assessed value
$1,115,610
Assessed 2024
Previous assessed
$136,905
+714.9% YoY
Effective rate
0.74%
On assessed value
Land market value
$1,428,900
Improvement market value
$5,332,375
Total market value
$6,761,275
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Heating
NONE
Stories
2
Total area
206,812 SF
Lot
3.32 ac (144,706 SF)
Zoning code
M-1
APN
142-59-034
UPID
US07-0833900
Jurisdiction
MARICOPA
Zoning & alternative use
M-1 · Glendale, AZZoning M-1 · permitted uses
M-1 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
or area of any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and M-2. 4. Accessory buildings and structures, including tool/storage sheds, shall be included in lot coverage calculations for all zoning districts. What are the exceptions for Accessory Building and Structures? 1. M
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,974.74 ac
Building & site characteristics
From public records
Year built
2023
Heating
NONE
Stories
2
Lot
3.32 ac
Current owner
From public records · entity-resolved
Glenn Drive Storage LLC
Entity
Mailing address
715 5TH AVE SW STE 1700TH XX
Ownership since
2021
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
Oct 19, 2021
$3,000,000
Glenn Drive Storage LLC
Singh Uppal Ujjagar
Special Warranty Deed
—
Nov 30, 2018
—
Ujjagar S Uppal
Uppal,manjeet K
Quit Claim Deed
related
—
Nov 30, 2018
$1,037,380
Ujjagar S Uppal
Denali National Trust Xiii
Grant Deed
—
Apr 4, 2013
$550,000
Denali National Trust Xiii LLC
Glen Harbor Blvd II LLC
Grant Deed
—
Sep 8, 1998
$994,610
Glen Harbor Blvd II LLC
Fortune America Investment Ltd
Grant Deed
related
$646,495 · Seller
Jul 14, 1998
$6,500,000
Fortune America Inv Ltd
Q V Properties Corp
Grant Deed
related
—
Dec 24, 1997
$6,500,000
Q V Properties Corp
Glen Associates L L C
Grant Deed
related
$1,100,000 · Applied Action Ltd
Mar 26, 1996
$4,772,115
Glen Harbor Associates L L C
Glen Harbor Joint Venture
Grant Deed
related
—
—
—
Glen Harbor Blvd II LLC
—
Deed Of Trust
related
$900,000 · Compass Bank
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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