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Property profile & analytics
OFF-MARKET Estimated value $710,000
Distribution centers

23449 35th Dr Glendale, AZ 85310-4193

4,444 SF 0.9 ac lot Built 1996
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US07-2655588
Property summary
AI-generated overview

This Glendale, Arizona industrial property offers a 7,484-square-foot warehouse and flex space building situated on a 0.89-acre lot. The single-tenant building features a 16-foot clear height ceiling, providing ample vertical space for storage or operations. Access is convenient with five grade-level doors for efficient loading and unloading. The property boasts a fully paved and secured yard, enclosed by a block wall perimeter, ensuring security and ease of use. Its strategic location provides easy access to major transportation arteries, including Interstate 17 and Loop 101, placing it within a 15-minute drive of the TSMC plant. The property is zoned C/BP and has a Maricopa County APN of 205-11-878. This versatile space is ideal for a variety of industrial or flex uses, benefiting from its size, features, and prime location near key transportation routes and a significant manufacturing facility. The property's combination of warehouse and office space makes it suitable for businesses requiring both storage and administrative areas. The secure, paved yard offers ample space for outdoor storage or operations. This well-maintained property presents a compelling opportunity for businesses seeking a functional and strategically located industrial space in the thriving Glendale market. The 0.89-acre lot provides room for expansion or future development. The property's proximity to the TSMC plant and major freeways makes it an attractive location for businesses serving or supporting this significant economic driver.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1996
Construction CONCRETE
Total area 4,444 SF
Lot 0.9 ac (39,024 SF)
Zoning code CP/BP
APN 205-11-878
UPID US07-2655588
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
  • Leading Edge Concrete Construction Company General Contractor
  • Bodnar Boat Works - Gel-Coat Masters (Bike/Boat/Book/etc) Store
  • Ueven LLC (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$711k
Blend (final) Blend
$710k
Owner & transaction history
Half Pint Holdings Company LLC · 7 yrs held
Half Pint Holdings Company LLC
since 2019
7 recorded transactions
2019
$800,000
2008
Price N/A
2008
$1.2M
1996
$96,290
1994
Price N/A
1993
$3.6M
1969
Price N/A
Zoning & alternative use
CP/BP · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.2M +309.5%
Medical building $1.0M +253.4%
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