Property profile

3605 Glendale Ave Phoenix, AZ 85051

OFF-MARKET
Grocery and convenience stores
Property ID
US07-3449478
5,006 SF 1.62 ac lot Built 2011
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2011
Construction CONCRETE
Total area 5,006 SF
Lot 1.62 ac (70,454 SF)
Zoning code PSC
APN 152-27-113B
UPID US07-3449478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Bank Credit Union

Location

3605 Glendale Ave Phoenix, AZ 85051-8334
Phoenix metro Census 107002 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.17M
Blend (final) Blend
$3.38M

Owner & transaction history

since 2011
7 recorded transactions
2011
$3.4M
2010
$900,000
2006
Price N/A
2006
$700,000
2005
$400,000
2004
Price N/A
2001
Price N/A

Zoning & alternative use

PSC · Phoenix, AZ
Zoning description

The intent of PSC district is to provide for well designed retail shopping facilities in appropriate locations and, farther, that the district snail be laid out and developed as a unit according to an approved plan so th…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $3.5M +173.6%
Restaurant $2.7M +109.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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