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Property profile & analytics
FOR SALE
Strip malls
18255 N 83Rd Ave Glendale, AZ 85308
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-2771490
For Sale
1 / 22
Contact for pricing
18255 N 83Rd Ave, Glendale, AZ 85308
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
CONCRETE
Total area
8,580 SF
Lot
2.54 ac (110,666 SF)
Zoning code
PAD
APN
200-43-003Z
UPID
US07-2771490
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
-
HairbyEm Hair Salon
-
The Cookie House (Bike/Boat/Book/etc) Store Bakery
-
One Stop Nutrition (Bike/Boat/Book/etc) Store Pharmacy
-
Cato's Face & Body Place LLC Hair Salon Nail Salon
-
Quick Custom Clothing (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Glendale Northwest Dcip III LLC · 4 yrs held
Glendale Northwest Dcip III LLC
since 2021
Last sale
$6.6M
6 recorded transactions
Zoning & alternative use
PAD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$44,772
Tax year 2023
Assessed value
$757,194
Assessed 2024
Previous assessed
$640,645
+18.2% YoY
Effective rate
5.91%
On assessed value
Land market value
$1,827,600
Improvement market value
$2,761,455
Total market value
$4,589,055
Applied tax rate
110,702.0000
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
For Sale
Year built
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
8,580 SF
Lot
2.54 ac (110,666 SF)
Zoning code
PAD
APN
200-43-003Z
UPID
US07-2771490
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Glendale, AZ
Zoning PAD · permitted uses
PAD · 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
2005
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
2.54 ac
Current owner
From public records · entity-resolved
Glendale Northwest Dcip III LLC
Entity
Mailing address
1450 E AMBERWOOD DR, PHOENIX, AZ 85048-4059
Ownership since
2021
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
Aug 5, 2021
$6,600,000
Glendale Northwest Dcip III LLC
Triumph Glendale Northwest Ctr Acqu
Special Warranty Deed
$3,630,000 · Country Life Insurance Company
Jun 12, 2018
$5,400,000
Triumph Glendale Northwest Center A
Karob Glendale Nw A&b LLC
Special Warranty Deed
$3,625,000 · Western Alliance Bank
Dec 22, 2017
—
Wft Glendale Nw A & B LLC
—
Deed
related
$4,200,000 · Umb Bk
Sep 18, 2008
$6,400,000
Wft Glendale Nw A & B LLC
Glendale Nw Retail
Grant Deed
—
Dec 28, 2006
$5,942,250
Glendale Nw Retail LP
Vanderbilt Group LLC
Special Warranty Deed
$4,900,000 · Morgan Stanley Mortgage Capital INC
—
—
Wft Glendale Nw A & B LLC
—
Deed Of Trust
related
$4,200,000 · Umb Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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