Property profile

4950 Northern Ave Glendale, AZ 85301

OFF-MARKET
Warehouses
Property ID
US07-2550276
38,507 SF 4.12 ac lot Built 2017
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2017
Construction STEEL FRAME
Total area 38,507 SF
Lot 4.12 ac (179,607 SF)
Zoning code PAD
APN 148-12-808
UPID US07-2550276

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
  • Storage Facility

Location

4950 Northern Ave Glendale, AZ 85301
Glendale metro Census 92309 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.07M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.01M

Owner & transaction history

since 2020
Last sale
$10.1M
6 recorded transactions
2020
Price N/A
2018
$10.1M
2017
Price N/A
2015
$913,000
2011
$1.9M
2005
$400,000

Zoning & alternative use

PAD · Glendale, AZ
Zoning description

Review approved Planned Area Development (PAD) and Planned Residential Development (PRD) Plans. Contact Us Connect with Glendale’s Planning Division for expert guidance on development, zoning, and community planning. FAQ…

General category MIXED_USE
Top alternative use upside
Office building $13.3M +2,298.5%
Neighborhood: shopping center $11.1M +1,912.3%
Commercial (general) $10.4M +1,772.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4950 Northern Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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