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Property profile & analytics
OFF-MARKET
Estimated value
$5,135,000
Individual retail properties
19888 73rd Ave Glendale, AZ 85308-8904
Entity Owned
11-yr Hold
Free & Clear
Property ID
US07-2985688
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1987
Construction
CONCRETE
Total area
13,398 SF
Lot
86.8 ac (3,780,834 SF)
Zoning code
SU
APN
200-29-955
UPID
US07-2985688
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
-
Arrowhead Fitness Club Gym & Fitness Center
-
Arrowhead Country Club Bar & Pub Golf Course
-
Elite Allergy and Wellness Physician Medical Clinic
-
Vitality Performance & Physical Therapy Physician
-
Craig Brechler Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.13M
Blend (final)
Blend
$5.14M
Owner & transaction history
Cf Arrowhead Country Arcis LLC · 11 yrs held
Cf Arrowhead Country Arcis LLC
since 2014
7 recorded transactions
Zoning & alternative use
SU · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this Special Use (SU) district is intended to accommodate certain land uses which are necessary in urban development, but do not conform to traditional zoning district permitted use classifications.
Zone name
Special Use
General category
UNKNOWN
Zone area
438.12 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$5.9M
+60.8%
Commercial (general)
$4.1M
+12.5%
Neighborhood: shopping center
$3.9M
+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
$3,650,000
Current use
AUTO REPAIR, GARAGE
$5,870,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,105,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,870,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$3,560,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$5.14M
Range $4.62M – $5.65M · ±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
$383 / 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
$129,547
Tax year 2023
Assessed value
$1,884,904
Assessed 2024
Previous assessed
$1,484,794
+26.9% YoY
Effective rate
6.87%
On assessed value
Land market value
$2,629,424
Improvement market value
$9,936,600
Total market value
$12,566,024
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
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
6
Stories
1
Units
4
Total area
13,398 SF
Lot
86.8 ac (3,780,834 SF)
Zoning code
SU
APN
200-29-955
UPID
US07-2985688
Jurisdiction
MARICOPA
Zoning & alternative use
SU · Glendale, AZZoning SU · permitted uses
SU · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this Special Use (SU) district is intended to accommodate certain land uses which are necessary in urban development, but do not conform to traditional zoning district permitted use classifications.
Zone name
Special Use
General category
UNKNOWN
Zone area
438.12 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
RETAIL STORES
Est. value
$3.6M
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
1987
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
6
Units
4
Lot
86.8 ac
Current owner
From public records · entity-resolved
Cf Arrowhead Country Arcis LLC
Entity
Free & Clear · 11 yrs held
Mailing address
4851 LYNDON B JOHNSON FWY STE #600, DALLAS, TX 75244-6036
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2020
—
Cf Arrowhead Country Arcis LLC
—
Grant Deed
related
$196,000,000 · Miscellaneous Ins Co
Oct 2, 2014
—
Cf Arrowhead Country Arcis LLC
Clp Southwest Golf LLC
Quit Claim Deed
related
—
Oct 2, 2014
$10,670,000
Cf Arrowhead Cntry Arcis Ll
Clp Southwest Golf LLC
Grant Deed
—
Jun 6, 2011
—
Cnl Income Eagl Southwest Golf
—
Deed Of Trust
related
$97,400,000 · Prudential Insurance Co
Dec 6, 2007
$17,356,500
Cnl Income Eagl Southwest Golf
Ngp Realty Sub
Grant Deed
—
Dec 6, 2007
—
Cnl Income Eagl Southwest Golf
Ngp Realty Sub
Quit Claim Deed
related
—
Jul 2, 1996
$5,981,684
National Golf Operating Partners
Black Lake Penasquitos
Grant Deed
—
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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