Financial
Distress signals
Property profile

16222 59th Ave Ste A100 Glendale, AZ 85306

OFF-MARKET
Medical Office Space
Property ID
US07-1809729
20,000 SF 0.05 ac lot Built 2007
Last sale May 2024 · $7,668,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1,846 square foot office suite is situated on the second floor of Building B at 16222 N 59TH Avenue, Unit 2B3, Glendale, AZ. Priced at $784,550 ($425 per square foot), this property presents a compelling investment opportunity. The suite boasts convenient features designed for optimal functionality and professional presentation. Tenants and their clients will appreciate the ease of access provided by the elevator service and direct suite access, eliminating the need for

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$113k
Effective rate5.65%

Value estimate

· Sep 2026
$7.67M
$6.90M – $8.44M
AI approach$7.67M
Sales comparison$7.67M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$225/SF
ZIP average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$58 – $383
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-O
The commercial office district provides for financial and professional service offices located on arterial streets or adjacent to commerc...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.2
Hotel & Motel9.4
Daycare Center9.8

Location

16222 59th Ave Ste A100 Glendale, AZ 85306-1705
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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