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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Strip malls
16835 Park Pl Glendale, AZ 85306-1525
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1130513
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Construction
CONCRETE
Total area
10,390 SF
Lot
0.96 ac (42,035 SF)
Zoning code
PSC
APN
207-26-254D
UPID
US07-1130513
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
-
OrthoSports Physical Therapy Medical Clinic
-
WhitePoint Digital Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Hawkeye Films Film Production
-
Prime Merch Discount Store
-
Arizona Drone Photo Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.14M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.57M
Owner & transaction history
Denkha Denistry LLC · 4 yrs held
Denkha Denistry LLC
since 2022
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
PSC · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,100,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,320,000
6.5%
$2,140,000
7%
$1,990,000
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10% · vs last sale $1.20M (Feb 14 2022)
Last sale anchor
$1.20M
Feb 14 2022
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
$151 / 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
$19,193
Tax year 2023
Assessed value
$241,916
Assessed 2024
Previous assessed
$202,657
+19.4% YoY
Effective rate
7.93%
On assessed value
Land market value
$370,800
Improvement market value
$1,095,355
Total market value
$1,466,155
Applied tax rate
61,300.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
10,390 SF
Lot
0.96 ac (42,035 SF)
Zoning code
PSC
APN
207-26-254D
UPID
US07-1130513
Jurisdiction
MARICOPA
Zoning & alternative use
PSC · Glendale, AZ
Zoning PSC · permitted uses
PSC · 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.
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Denkha Denistry LLC
Entity
Mailing address
1601 E BELL RD STE A13, PHOENIX, AZ 85022-6254
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2022
$1,200,750
Denkha Denistry LLC
Park Place Partnership LLC
Warranty Deed
$830,000 · Alaska USA FCU
Jul 17, 2017
—
Park Place Plaza Partnership LLC
Park Place Plaza Partnership LLC
Special Warranty Deed
$208,982 · First Fidelity Bank
Dec 10, 2008
—
Park Place Plaza Ptshp LLC
Park Place Plaza Ptshp
Quit Claim Deed
—
—
—
Park Place Plaza Partnership
—
Deed Of Trust
related
$490,868 · First Bank
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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