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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Assisted living facilities
13408 52nd Ave 2, Glendale, AZ 85304-1300
Entity Owned
2-yr Hold
Property ID
US07-0521954
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1984
Construction
CONCRETE BLOCKS
Total area
3,685 SF
Lot
0.25 ac (10,716 SF)
Zoning code
R1-6
APN
200-75-713
UPID
US07-0521954
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
-
Vienna Care Home Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$788k
Blend (final)
Blend
$1.18M
Owner & transaction history
Bravim LLC · 2 yrs held
Bravim LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R1-6 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+66.7%
Office building
$1.2M
+21.8%
Commercial (general)
$1.1M
+16.6%
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
$1,180,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$970,000
Current use
AUTO REPAIR, GARAGE
$1,615,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$1,180,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,130,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,065,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$980,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$845,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $1.18M (May 17 2024)
Last sale anchor
$1.18M
May 17 2024
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
$320 / 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
$3,188
Tax year 2023
Assessed value
$57,710
Assessed 2024
Previous assessed
$57,710
+0.0% YoY
Effective rate
5.52%
On assessed value
Land market value
$115,400
Improvement market value
$461,700
Total market value
$577,100
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 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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1984
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
6
Bathrooms
2
Total area
3,685 SF
Lot
0.25 ac (10,716 SF)
Zoning code
R1-6
APN
200-75-713
UPID
US07-0521954
Jurisdiction
MARICOPA
Zoning & alternative use
R1-6 · Glendale, AZ
Zoning R1-6 · permitted uses
R1-6 · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$980,000
MEDICAL BUILDING
Est. value
$845,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
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
1984
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Bravim LLC
Entity
Mailing address
10616 W ADAM AVE, PEORIA, AZ 85382-0504
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2024
—
Bravim LLC
Daniel Zanc
Quit Claim Deed
related
—
May 17, 2024
$1,180,000
Bravim LLC
Iuliana M Zanc
Warranty Deed
$889,100 · Ks Statebank
Sep 14, 2012
$140,000
Iuliana M Damm
Jenness,christopher
Warranty Deed
$112,000 · Pinnacle Capital Mortgage Corp
Oct 12, 2011
—
Myrna L Jenness
Jenness,christopher A
Quit Claim Deed
related
—
Oct 27, 2005
—
Christopher Jenness
Jenness,christopher
Quit Claim Deed
related
$197,000 · Countrywide Home Loans INC
Jul 30, 1999
—
Christopher Jenness
Jenness,myrna L
Quit Claim Deed
related
$82,650 · Prism Mortgage Co
Oct 16, 1991
$99,760
Jenness Robert
Gilsdorf
Grant Deed
$6,000 · Seller
—
—
Myrna L Jenness
—
Deed Of Trust
related
$24,900 · Countrywide Home Loans INC
—
—
Damm,iuliana M
—
Deed Of Trust
related
$44,000 · Desert Schools FCU
—
—
Myrna L Jenness
—
Deed Of Trust
related
$82,650 · Countrywide Home Loans INC
—
—
Myrna L Jenness
—
Deed Of Trust
related
$110,300 · Countrywide Home Loans INC
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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