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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Auto shops
5006 51st Ave Glendale, AZ 85301-7603
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-1816574
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1959
Construction
CONCRETE
Total area
1,645 SF
Lot
1.24 ac (53,891 SF)
Zoning code
C-3
APN
144-34-971
UPID
US07-1816574
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
-
CJ CARS LLC Car Dealership
-
Sterling General Motors Car Dealership
-
NL_upholstery Furniture & Home Goods
-
Moekm Cars Repair Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$525k
Owner & transaction history
Mo & Ib LLC · 3 yrs held
Mo & Ib LLC
since 2022
4 recorded transactions
Zoning & alternative use
C-3 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
gross floor area of any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and M-2. 4. Accessory buildings and structures, including tool/storage sheds, shall be included in lot coverage calculations f…
Zone name
Heavy Commercial
General category
COMMERCIAL
Zone area
290.77 ac
Top alternative use upside
Office building
$565,000
+76.8%
Neighborhood: shopping center
$475,000
+48.3%
Commercial (general)
$440,000
+38.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$320,000
Current use
OFFICE BUILDING
$565,000
Change: +77% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$475,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$440,000
Change: +38% · Conversion: Moderate
MEDICAL BUILDING
$375,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$315,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$319 / SF
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
$9,810
Tax year 2023
Assessed value
$137,828
Assessed 2024
Previous assessed
$121,516
+13.4% YoY
Effective rate
7.12%
On assessed value
Land market value
$534,200
Improvement market value
$301,121
Total market value
$835,321
Applied tax rate
680,700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1959
Construction
CONCRETE
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Total area
1,645 SF
Lot
1.24 ac (53,891 SF)
Zoning code
C-3
APN
144-34-971
UPID
US07-1816574
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Glendale, AZZoning C-3 · permitted uses
C-3 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
gross floor area of any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and M-2. 4. Accessory buildings and structures, including tool/storage sheds, shall be included in lot coverage calculations for all zoning districts. What are the exceptions for Accessory Building and Struct
Zone name
Heavy Commercial
General category
COMMERCIAL
Zone area
290.77 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$320,000
OFFICE BUILDING
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$475,000
COMMERCIAL (GENERAL)
Est. value
$440,000
MEDICAL BUILDING
Est. value
$375,000
RETAIL STORES
Est. value
$315,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.24 ac
Current owner
From public records · entity-resolved
Mo & Ib LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11802 N 67TH AVE, GLENDALE, AZ 85304-2402
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
—
Mo & Ib LLC
Mohamed A Abdullah
Special Warranty Deed
—
Aug 21, 2019
—
Mohamed A Abdullah
Abdullah,mohamed A
Quit Claim Deed
related
$255,000 · Vista Inv Team INC
Feb 22, 2018
$365,000
Mohamed Abdullah
Weinberger Props LLC
Warranty Deed
$265,000 · Quick Source Cap
Mar 24, 2005
$2,250,000
Gary D Weinberger
Weinberger Trust
Warranty Deed
related
$450,000 · Arleen K Bodenstedt
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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