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Property profile & analytics
OFF-MARKET
Estimated value
$23,370,000
Assisted living facilities
13620 55th Ave, Glendale, AZ 85304-1371
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US07-0989016
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1986
Construction
CONCRETE
Total area
88,485 SF
Lot
4.55 ac (198,242 SF)
Zoning code
R-4
APN
200-75-930
UPID
US07-0989016
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
-
SUZANNE PATRICIA COPPOLA Physician
-
Life Care Center of North Glendale Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.20M
Blend (final)
Blend
$23.37M
Owner & transaction history
Glendale Medical Investors LLC · 25 yrs held
Glendale Medical Investors LLC
since 2000
6 recorded transactions
Zoning & alternative use
R-4 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$38.8M
+66.7%
Office building
$28.3M
+21.8%
Commercial (general)
$27.1M
+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
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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$23,260,000
Current use
AUTO REPAIR, GARAGE
$38,760,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$28,320,000
Change: +22% · Conversion: Difficult
COMMERCIAL (GENERAL)
$27,125,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$25,570,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$23,515,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$20,290,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$23.37M
Range $21.03M – $25.71M · ±10%
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
$264 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$109,259
Tax year 2022
Assessed value
$1,698,910
Assessed 2024
Previous assessed
$1,402,920
+21.1% YoY
Effective rate
6.43%
On assessed value
Land market value
$2,655,200
Improvement market value
$14,333,904
Total market value
$16,989,104
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
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
4
Units
2
Total area
88,485 SF
Lot
4.55 ac (198,242 SF)
Zoning code
R-4
APN
200-75-930
UPID
US07-0989016
Jurisdiction
MARICOPA
Zoning & alternative use
R-4 · Glendale, AZ
Zoning R-4 · permitted uses
R-4 · 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
$23.3M
AUTO REPAIR, GARAGE
Est. value
$38.8M
OFFICE BUILDING
Est. value
$28.3M
COMMERCIAL (GENERAL)
Est. value
$27.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.6M
RETAIL STORES
Est. value
$23.5M
MEDICAL BUILDING
Est. value
$20.3M
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
1986
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
4
Buildings
2
Units
2
Lot
4.55 ac
Current owner
From public records · entity-resolved
Glendale Medical Investors LLC
Entity
Mailing address
1233 WW LOOP S STE #1500, HOUSTON, TX 77027-9108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2013
—
Glendale Medical Investors LLC
—
Grant Deed
related
$9,525,500 · Capital Fndg
Oct 12, 2000
—
Glendale Medical Investors LLC
Glendale Medical Investors LP
Quit Claim Deed
related
$469,215,000 · Column Financial INC
Sep 13, 1995
$8,343,750
Glendale Medical Investors Ltd
Nationwide Propertie Sinc
Grant Deed
$10,605,000
Jul 29, 1991
$9,090,796
Nationwide Healt
Omega Healthcare
Grant Deed
—
Nov 2, 1988
$7,855,000
Omega Healthcare
—
Deed Of Trust
related
—
Apr 1, 1988
$7,500,000
Glendale Medical
Linco
Grant Deed
—
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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