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Property profile & analytics
OFF-MARKET
Assisted living facilities
4509 Columbine Dr 2, Glendale, AZ 85304-2325
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-2776701
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1978
Construction
CONCRETE BLOCKS
Total area
2,075 SF
Lot
0.2 ac (8,666 SF)
Zoning code
R1-8
APN
207-41-261
UPID
US07-2776701
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Columbine LLC · 6 yrs held
Columbine LLC
since 2020
Last sale
$250,000
7 recorded transactions
Zoning & alternative use
R1-8 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,905
Tax year 2023
Assessed value
$37,210
Assessed 2024
Previous assessed
$30,920
+20.3% YoY
Effective rate
5.12%
On assessed value
Land market value
$74,400
Improvement market value
$297,700
Total market value
$372,100
Applied tax rate
61,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1978
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
8
Bathrooms
2
Total area
2,075 SF
Lot
0.2 ac (8,666 SF)
Zoning code
R1-8
APN
207-41-261
UPID
US07-2776701
Jurisdiction
MARICOPA
Zoning & alternative use
R1-8 · Glendale, AZ
Zoning R1-8 · permitted uses
R1-8 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Columbine LLC
Entity
Mailing address
15396 N 83RD AVE STE A303, PEORIA, AZ 85381-5625
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2023
—
Ricardo Macias
—
Deed
related
$2,000,000 · Ks Statebank
Jan 31, 2020
$250,000
Columbine LLC
Bbm Holdings LLC
Warranty Deed
$202,893 · Ks Statebank
Apr 20, 2017
—
Bbm Holdings LLC
—
Deed
related
$115,000 · Firstbank
Jun 21, 2011
$77,000
Bbm Holdings LLC
California Reconveyance Co
Trustees Deed
related
—
Feb 14, 2006
$245,000
Lori Rozman
Michael F Hauser
Warranty Deed
$196,000 · Bnc Mortgage INC
Apr 22, 1996
$115,000
Michael F Hauser
Steven H Potter
Grant Deed
$118,450 · Mitchell Financial Svcs INC
Nov 13, 1990
$86,000
Kevin Hummelgard
Boone
Grant Deed
—
Jun 8, 1987
$62,900
Steven H Potter
—
Grant Deed
related
—
—
—
Bbm Holdings LLC
—
Deed Of Trust
related
$74,000 · La Familia Financial LP
—
—
Bbm Holdings LLC
—
Deed Of Trust
related
$115,000 · Firstbank
—
—
Michael F Hauser
—
Deed Of Trust
related
$122,700 · New Freedom Mortgage Corp
—
—
Michael F Hauser
—
Deed Of Trust
related
$121,956 · American Financial Resources
—
—
Bbm Holdings LLC
—
Deed Of Trust
related
$109,200 · Velocity Com'l Cap
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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