Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    21027 67th Ave Glendale, AZ 85308-6401
    Back to Search
    Property profile & analytics

    21027 67th Ave, Glendale, AZ 85308-6401

    View on Map
    • Golf courses & driving ranges
    • 0.11 lot acres
    Off-Market
    Property ID
    US07-1718389
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • John Kim Golf / Training Center
    • The Legend at Arrowhead / Golf Course
    • Legend at Arrowhead / Golf Course
    • Rather B Golfing / Golf Instructor

    Property Details for 21027 67th Ave

    Lot size
    0.11 lot acres
    Zone code
    SU
    Property type
    Golf courses & driving ranges
    APN
    200-22-281
    APU
    20022281

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 8, 2020 — Cf Legend Arcis LLC — Grant Deed · related $196M · Miscellaneous Ins Co
    Oct 2, 2014 — Cf Legend Arcis LLC Clp Southwest Golf LLC Quit Claim Deed · related —
    Oct 2, 2014 $5,948,000 Cf Legend Arcis LLC Clp Southwest Golf LLC Grant Deed —
    Mar 18, 2013 — Clp Southwest Golf LLC — Deed Of Trust · related $64.7M · Prudential Insurance Co Americ
    Dec 6, 2007 — Cnl Income Eagl Southwest Golf Owner Name Unavailable Grant Deed —
    Feb 18, 2003 — Ngp Realty Sub LP National Golf Operating Partne Quit Claim Deed · related —
    Aug 19, 1993 $3,910,000 National Golf Operating Partners American Golf In Grant Deed · related —
    Sep 18, 1992 $3,900,000 Golf Investment Partners Ltd Paloma Corp Grant Deed · related —
    — — Cf Legend Arcis LLC — Deed Of Trust · related $4.7M · Miscellaneous Ins Co
    — — Cf Legend Arcis LLC — Deed Of Trust · related $4.7M · Miscellaneous Ins Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.199
    Latitude
    33.6815
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1.00
    $0.00
    $0.00
    $9
    -
    $57
    $0.00
    $57

    Comparable in this City

    • Value Estimation by Request
      15.09 Acres

      21027 67th Ave

      GOLF COURSE
      21027 67th Ave, Glendale, AZ 85308-6401
      View Details
    • Value Estimation by Request
      0.34 Acres

      21027 67th Ave

      GOLF COURSE
      21027 67th Ave, Glendale, AZ 85308-6401
      View Details
    • Value Estimation by Request
      0.01 Acres

      Glendale, AZ 85308

      GOLF COURSE
      Glendale, AZ 85308
      View Details
    • Value Estimation
      $950,000
      9.18 Acres

      17233 45th Ave

      GOLF COURSE
      17233 45th Ave, Glendale, AZ 85308-3551
      View Details
    • Value Estimation by Request
      0.07 Acres

      Glendale, AZ 85308

      GOLF COURSE
      Glendale, AZ 85308
      View Details
    • Value Estimation by Request
      23.74 Acres

      Glendale, AZ 85308

      GOLF COURSE
      Glendale, AZ 85308
      View Details

    Similar Nearby for Sale

    • $983,000

      High-End Office Condo in Arrowhead

      Premium office condo with tenant in place until September 2026.
      7155 West Campo Bello Dr, Glendale, AZ 85308
      View Details
    • $1,267,164

      Land Available off Loop 101

      Land available for development near Loop 101 in Glendale, AZ.
      7910 W Beardsley Rd, Glendale, AZ 85308
      View Details
    • Contact for pricing

      5665 W Bell Rd, Glendale, AZ 85308

      Land
      5665 W Bell Rd, Glendale, AZ 85308
      View Details
    • Contact for pricing
      2,811 SF

      Retail Space Near National Tenants

      Retail space with high traffic and income demographics.
      6800 W Bell Rd, Glendale, AZ 85308
      View Details
    • $235,000
      0.77 Acres

      Glendale Land Opportunity

      0.77 acre lot in Vision Hills Estates, Glendale.
      19606 N 39Th Dr, Glendale, AZ 85308
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Move-in Ready Office Space

      Functional office space with reception, offices, and open area.
      18001 N 79Th Ave, Glendale, AZ 85308
      View Details
    • Contact for pricing

      Turnkey Office Suite For Rent

      Office suite available for lease above high profile retail center.
      19420 N 59Th Ave, Glendale, AZ 85308
      View Details
    • Contact for pricing

      Retail Space on Corner Lot

      Retail space available in a multi-tenant strip center.
      5929 W Peoria Ave, Glendale, AZ 85308
      View Details
    • Contact for pricing

      Glendale Move-In Ready Office Space

      3,750 SF office suite near Arrowhead Mall and P83.
      17431 North 71St Dr, Glendale, AZ 85308
      View Details
    • Contact for pricing
      1,485 SF

      Retail Space Near Arrowhead Center

      Retail space with high visibility near Loop 101.
      8251 W Union Hills Dr, Glendale, AZ 85308
      View Details
    • Contact for pricing
      3,542 SF

      Free-Standing Office Building For Rent

      Office building for rent near Loop 101 and Arrowhead Mall.
      17235 N 75Th Ave, Glendale, AZ 85308
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21027 67th Ave
    Glendale, AZ 85308-6401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    21027 67th Ave, Glendale, AZ, 85308
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!