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Property profile & analytics
OFF-MARKET
Parking lots & garages
11402 50th Ave Glendale, AZ 85304-2803
Individually Owned
10-yr Hold
Property ID
US07-0468056
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Year built
1983
Construction
STEEL FRAME
Total area
888 SF
Lot
0.59 ac (25,881 SF)
Zoning code
SR-30
APN
148-02-021B
UPID
US07-0468056
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
by Request
Owner & transaction history
Dennis Blane Johnson · 10 yrs held
Dennis Blane Johnson
since 2015
7 recorded transactions
Zoning & alternative use
SR-30 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ch fence or corral shall not be closer than one-hundred (100) feet from any residence or living space, including a pool or patio, on an adjacent suburban residential, urban residential or multiple residential zoned lot. SR-30, SR-17, SR-12: (Suburban Residential 30, 17, & 12) Raising and grazing of livestock, excluding swine, is permitted for a maximum of on…
Zone name
Suburban Residence 30
General category
RESIDENTIAL
Zone area
456.74 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,618
Tax year 2023
Assessed value
$35,194
Assessed 2024
Previous assessed
$28,350
+24.1% YoY
Effective rate
4.60%
On assessed value
Land market value
$298,600
Improvement market value
$53,340
Total market value
$351,940
Applied tax rate
60,700.0000
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
888 SF
Lot
0.59 ac (25,881 SF)
Zoning code
SR-30
APN
148-02-021B
UPID
US07-0468056
Jurisdiction
MARICOPA
Zoning & alternative use
SR-30 · Glendale, AZZoning SR-30 · permitted uses
SR-30 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ch fence or corral shall not be closer than one-hundred (100) feet from any residence or living space, including a pool or patio, on an adjacent suburban residential, urban residential or multiple residential zoned lot. SR-30, SR-17, SR-12: (Suburban Residential 30, 17, & 12) Raising and grazing of livestock, excluding swine, is permitted for a maximum of one (1) animal per ten-thousand (10,000) square feet of open space. All livestock must
Zone name
Suburban Residence 30
General category
RESIDENTIAL
Zone area
456.74 ac
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Dennis Blane Johnson
Individual
Mailing address
11402 N 50TH AVE, GLENDALE, AZ 85304-2803
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Sep 28, 2015
—
Dennis Blane Johnson
Christine Galligher
Re-recorded Document
related
$78,000 · Ray Carnes Trust
Sep 16, 2015
—
Dennis Blane Johnson
Christine Galligher
Re-recorded Document
related
$75,000 · Ray Carnes Trust
Aug 25, 2015
$75,000
Dennis Blane Johnson
Christine Galligher
Warranty Deed
$75,000 · Ray Carnes Trust
Aug 15, 2008
—
Carnes Ray Living Trust
Carnes,raymond
Quit Claim Deed
related
—
Mar 30, 2004
—
Raymond Carnes
Barnett,josephine
Quit Claim Deed
related
—
Sep 4, 2001
$50,000
Andrew Israel
Carnes,raymond & Josephine
Grant Deed
—
Jun 13, 2001
—
Raymond Carnes
Carnes,raymond & Josphine
Quit Claim Deed
related
—
—
—
Dennis B Johnson
—
Deed Of Trust
related
$75,000 · Carnes Ray Trust (pt)
—
—
Raymond Carnes
—
Deed Of Trust
related
$80,000 · Bank One NA
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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