Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    16222 59th Aved2 Glendale, AZ 85306-1701

    • Retail space
    • 5,000 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $7,625,000
    Last Sale
    May 20, 2024
    $7,668,750
    Location Intelligence
    Property ID
    US07-2025317
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mosallaie Farhad DO / Orthodontist
    • Dr. Francis P. Surdakowski, MD / Internist
    • Arrowhead Professional Sleep / Medical Clinic / Diagnostic Center
    • CT scan / Medical Diagnostic Imaging Center
    • Theresa Paschal / Nurse Practitioner / Registered General Nurse

    Property Details for 16222 59th Aved2

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    0.03 lot acres
    Property size
    5,000 SF
    Zone code
    C-O
    Property type
    Retail space
    APN
    200-57-863
    APU
    20057863

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,970,000
      6.5%
      $7,175,000
      7%
      $7,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,570,000
      Geo Method
      $7,530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,425,000
      Retail
      $8,150,000
      Mixed-Use
      $6,645,000
      Hospitality
      $7,990,000
      Educational
      $7,845,000
      Residential Income
      $8,665,000
      Energy
      $7,485,000
      Income-Based Land
      $7,225,000
      Food Service
      $6,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.187
    Latitude
    33.633
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,904
    $0.00
    $0.00
    $70,785
    -
    $85,800
    $343,200
    $429,000

    Comparable in this City

    • Value Estimation by Request
      2,600 SF

      6615 Thunderbird Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,600 SF
      6615 Thunderbird Rd, Glendale, AZ 85306-3733
      View Details
    • Value Estimation by Request
      5,786 SF

      5894 Thunderbird Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,786 SF
      5894 Thunderbird Rd, Glendale, AZ 85306-4006
      View Details
    • Value Estimation by Request

      53Rd Ave

      Individual retail properties
      0 53Rd Ave, Glendale, AZ 85306
      View Details
    • Value Estimation by Request
      4,800 SF

      15420 67th Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,800 SF
      15420 67th Ave, Glendale, AZ 85306-2813
      View Details
    • Value Estimation by Request
      7,000 SF

      6010 Thunderbird Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      6010 Thunderbird Rd, Glendale, AZ 85306-4012
      View Details
    • Value Estimation by Request
      2,016 SF

      6691 Greenway Rd

      CONVENIENCE STORE • 2,016 SF
      6691 Greenway Rd, Glendale, AZ 85306-3113
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      70,780 SF

      Greenway Plaza Retail Opportunity

      Retail spaces available in a well-established, high-traffic location.
      5830 W Greenway Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing
      42,478 SF

      Medical Office Complex For Sale

      Four-building medical office complex with suites available for purchase.
      16222 N 59Th Ave, Glendale, AZ 85306
      View Details
    • $1,800,000
      2.90 Acres

      Glendale Corporate Center Land

      2.9-acre commercial/residential lot
      5780 Beverly Ln, Glendale, AZ 85306
      View Details
    • $1,295,000
      3,150 SF

      Glendale Assisted Living Business Opportunity

      Active assisted living facility licensed for 10 residents.
      777 N Assisted Living Way, Glendale, AZ 85306
      View Details
    • $2,445,750

      Glendale Land Parcel Near Loop

      Land parcel suitable for various commercial development opportunities.
      16305 N 59Th Ave, Glendale, AZ 85306
      View Details
    • $2,805,000
      6,600 SF

      Glendale Office Building For Sale

      6,600 SF office building in Glendale, Arizona.
      6677 W Thunderbird Rd, Glendale, AZ 85306
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,220 SF

      Retail Space Near ASU West

      Retail space for lease across from ASU West Campus.
      5111-5159 W Thunderbird Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing
      32,480 SF

      Renovated Retail and Office Center

      High-visibility retail and office spaces near ASU West Campus.
      5111-5159 N 51St Ave, Glendale, AZ 85306
      View Details
    • Contact for pricing
      1,800 SF

      Retail Endcap with Drive-Thru

      1,800 SF endcap with drive-thru, anchored by Fry's.
      5860 W Thunderbird Rd, Glendale, AZ 85306
      View Details
    • $24 SF/Yr
      900 SF

      Retail Space Near ASU West

      900 SF retail space anchored by EOS Fitness available for lease.
      5830 W Thunderbird Rd, Glendale, AZ 85306
      View Details
    • $24 SF/Yr
      6,707 SF

      Retail Space Near ASU West

      Retail space near Arizona State University's West Campus.
      5161 W Thunderbird Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing
      2,228 SF

      Retail Space in Glendale, Arizona

      Retail spaces available in well-established neighborhood center near universities.
      5844 W Greenway Rd, Glendale, AZ 85306
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16222 59th Aved2
    Glendale, AZ 85306-1701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.