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Property profile & analytics
OFF-MARKET
Estimated value
$3,750,000
Medical Office Space
20199 75th Ave Glendale, AZ 85308-8807
Individually Owned
29-yr Hold
Free & Clear
Property ID
US07-1360141
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
STEEL FRAME
Total area
12,936 SF
Lot
5.78 ac (251,777 SF)
Zoning code
C-2
APN
200-29-001G
UPID
US07-1360141
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
-
Stricker Tracy L Physician
-
Johnsonsiekman Elaine D Physician
-
Dr. Jesus Bracamonte Pediatrician Physician
-
Sepper Pamela A Physician
-
Dr. Denise Schweda Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$3.75M
Owner & transaction history
Clinic Arizona Mayo · 29 yrs held
Clinic Arizona Mayo
since 1996
7 recorded transactions
Zoning & alternative use
C-2 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
sidence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O, C-O, & G-O (Professional Office) Use Standards - see Table 2.…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,606.22 ac
Top alternative use upside
Auto repair, garage
$5.7M
+149.8%
Commercial (general)
$4.0M
+74.8%
Neighborhood: shopping center
$3.7M
+64.8%
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
MEDICAL BUILDING
$2,270,000
Current use
AUTO REPAIR, GARAGE
$5,665,000
Change: +150% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,965,000
Change: +75% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,740,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$3,440,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$2,500,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$3.75M
Range $3.38M – $4.13M · ±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
$290 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7
Tax year 2022
Assessed value
$814,412
Assessed 2024
Previous assessed
$633,135
+28.6% YoY
Effective rate
0.00%
On assessed value
Land market value
$3,384,700
Improvement market value
$2,044,715
Total market value
$5,429,415
Applied tax rate
970,706.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
12,936 SF
Lot
5.78 ac (251,777 SF)
Zoning code
C-2
APN
200-29-001G
UPID
US07-1360141
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Glendale, AZZoning C-2 · permitted uses
C-2 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
sidence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O, C-O, & G-O (Professional Office) Use Standards - see Table 2.600-1 B-P, M-1, M-2 (Business and Industrial) Use Standards - see Table 2.700-1 Wha
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,606.22 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$5.7M
COMMERCIAL (GENERAL)
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1997
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
5.78 ac
Current owner
From public records · entity-resolved
Clinic Arizona Mayo
Individual
Free & Clear · 29 yrs held
Mailing address
13400 E SHEA BLVD, SCOTTSDALE, AZ 85259-5404
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 1996
—
Clinic Arizona Mayo
Mayo Medical Education &
Quit Claim Deed
related
—
Mar 28, 1996
$944,520
Mayo Foundation For Medical Educ
Steven S Turoff
Trustees Deed
related
—
Dec 30, 1991
$500
Valley National
New River Proper
Grant Deed
related
—
Jun 13, 1991
$2,250,000
Steven S Turoff
Penyen Partners
Grant Deed
related
—
Aug 15, 1988
$2,250,000
Pacwes Ltd
Hunt,
Grant Deed
related
—
Jun 1, 1988
$2,250,000
W Herbert Hunt
Westw
Trustees Deed
related
—
Jun 1, 1988
$4,000,000
Westwood Shoppin
Hunt-
Trustees Deed
related
—
—
—
City Of Glendale
—
Deed Of Trust
related
—
—
—
City Of Glendale
—
Deed Of Trust
related
—
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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