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Property profile & analytics
OFF-MARKET
Estimated value
$26,890,000
Individual retail properties
19021 57th Ave Glendale, AZ 85308
Individually Owned
Free & Clear
Property ID
US07-2217696
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2006
Construction
CONCRETE
Total area
75,876 SF
Lot
39.7 ac (1,729,147 SF)
Zoning code
SR-30
APN
200-26-003K
UPID
US07-2217696
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.89M
Blend (final)
Blend
$26.89M
Owner & transaction history
GLENDALE CITY
GLENDALE CITY
Zoning & alternative use
SR-30 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ch fence or corral shall not be closer than one-hundred (100) feet from any residence or living space, including a pool or patio, on an adjacent suburban residential, urban residential or multiple residential zoned lot. SR-30, SR-17, SR-12: (Suburban Residential 30, 17, & 12) Raising and grazing of livestock, excluding swine, is permitted for a maximum of on…
Zone name
Suburban Residence 30
General category
RESIDENTIAL
Zone area
456.74 ac
Top alternative use upside
Auto repair, garage
$33.2M
+60.8%
Commercial (general)
$23.3M
+12.5%
Neighborhood: shopping center
$21.9M
+6.1%
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
GYM, HEALTH SPA
$20,670,000
Current use
AUTO REPAIR, GARAGE
$33,240,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$23,260,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,925,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$20,165,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$26.89M
Range $24.20M – $29.58M · ±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
$354 / 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
Assessed value
$4,148,741
Assessed 2024
Previous assessed
$2,702,790
+53.5% YoY
Land market value
$12,103,200
Improvement market value
$15,555,076
Total market value
$27,658,276
Applied tax rate
970,700.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
3
Stories
2
Total area
75,876 SF
Lot
39.7 ac (1,729,147 SF)
Zoning code
SR-30
APN
200-26-003K
UPID
US07-2217696
Jurisdiction
MARICOPA
Zoning & alternative use
SR-30 · Glendale, AZZoning SR-30 · permitted uses
SR-30 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ch fence or corral shall not be closer than one-hundred (100) feet from any residence or living space, including a pool or patio, on an adjacent suburban residential, urban residential or multiple residential zoned lot. SR-30, SR-17, SR-12: (Suburban Residential 30, 17, & 12) Raising and grazing of livestock, excluding swine, is permitted for a maximum of one (1) animal per ten-thousand (10,000) square feet of open space. All livestock must
Zone name
Suburban Residence 30
General category
RESIDENTIAL
Zone area
456.74 ac
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$20.7M
AUTO REPAIR, GARAGE
Est. value
$33.2M
COMMERCIAL (GENERAL)
Est. value
$23.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.9M
RETAIL STORES
Est. value
$20.2M
GYM, HEALTH SPA Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2006
Construction
CONCRETE
Heating
HEAT PUMP
Stories
2
Buildings
3
Lot
39.7 ac
Current owner
From public records · entity-resolved
GLENDALE CITY
Individual
Free & Clear · 0 yrs held
Mailing address
5850 W GLENDALE AVE, GLENDALE, AZ 85301-2563
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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