Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5051 83rd Ave Glendale, AZ 85303-6000

    • Retail space
    • 13,824 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $2,795,000
    Last Sale
    Nov 06, 2023
    $2,850,000
    Location Intelligence
    Property ID
    US07-0012034
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advance Auto Parts / Car Battery Store / Tool Rental Service
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service

    Property Details for 5051 83rd Ave

    Year built
    2023
    Lot size
    1.14 lot acres
    Property size
    13,824 SF
    Property type
    Retail space
    APN
    102-09-464
    APU
    10209464

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,220,000
      6.5%
      $2,720,000
      7%
      $2,715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,470,000
      Geo Method
      $2,700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,890,000
      Retail
      $2,680,000
      Mixed-Use
      $3,290,000
      Hospitality
      $2,595,000
      Educational
      $3,060,000
      Residential Income
      $3,320,000
      Energy
      $3,230,000
      Income-Based Land
      $2,575,000
      Food Service
      $3,395,000

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.237
    Latitude
    33.51
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,076
    $0.00
    $0.00
    $281,675
    -
    $499,500
    $1,207,619
    $1,707,119

    Comparable in this City

    • Value Estimation by Request
      5,954 SF

      6841 Northern Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,954 SF
      6841 Northern Ave, Glendale, AZ 85303-1319
      View Details
    • Value Estimation by Request
      714 SF

      7575 75th Ave

      RETAIL STORES (PERSONAL SERVICES) • 714 SF
      7575 75th Ave, Glendale, AZ 85303-1615
      View Details
    • Value Estimation by Request
      7,000 SF

      7911 Glendale Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      7911 Glendale Ave, Glendale, AZ 85303-2309
      View Details
    • Value Estimation
      $3,155,000
      14,916 SF

      7435 Glendale Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,916 SF
      7435 Glendale Ave, Glendale, AZ 85303-3043
      View Details
    • Value Estimation by Request
      3,876 SF

      7451 Glendale Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,876 SF
      7451 Glendale Ave, Glendale, AZ 85303-3043
      View Details
    • Value Estimation by Request
      1,118 SF

      6717 Glendale Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,118 SF
      6717 Glendale Ave, Glendale, AZ 85303-2607
      View Details

    Similar Nearby for Sale

    • $1,600,000
      4,429 SF

      Glendale Commercial Kitchen and Warehouse

      Turnkey commercial kitchen and warehouse space in Glendale, Arizona.
      7900 N 70Th Ave, Glendale, AZ 85303
      View Details
    • $5,670,000
      6,895 SF

      New Leased Strip Center

      New multi-tenant NNN leased strip center for sale.
      5940 N 75Th Ave, Glendale, AZ 85303
      View Details
    • Contact for pricing

      Glendale Land Parcel For Sale

      Land parcel near State Farm Stadium and residential developments.
      6981 N 83Rd Ave, Glendale, AZ 85303
      View Details
    • Contact for pricing

      Pad Site Near Fitness Center

      0.89 acre pad site suitable for retail or restaurant.
      83Rd Ave, Glendale, AZ 85303
      View Details
    • Contact for pricing

      Glendale Ave & 83rd Ave Land

      Land located at the southeast corner of Glendale & 83rd.
      6972 N 83Rd Ave, Glendale, AZ 85303
      View Details
    • $1,150,000

      Glendale Multifamily Investment Opportunity

      Income-producing 7-unit property with redevelopment potential near Glendale Sports District.
      7508 W Orangewood Ave, Glendale, AZ 85303
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,191 SF

      Glendale Retail Space Available

      1,191 SF retail space in major Hispanic retail intersection.
      6702 W Camelback Rd, Glendale, AZ 85303
      View Details
    • Contact for pricing
      3,405 SF

      Retail Space Near Westgate

      Retail space available near Westgate Entertainment District and State Farm Stadium.
      7446 W Glendale Ave, Glendale, AZ 85303
      View Details
    • Contact for pricing
      2,800 SF

      Retail Pads with Drive-Thru Potential

      Improved retail pads available for ground lease or build-to-suit.
      5930 N 74Th Ln, Glendale, AZ 85303
      View Details
    • Contact for pricing
      1,890 SF

      Retail Pads with Drive-Thru Potential

      Improved retail pads available for ground lease or build-to-suit.
      7499 W Bethany Home Rd, Glendale, AZ 85303
      View Details
    • Contact for pricing
      4,992 SF

      Retail Space at Major Intersection

      Retail space available at a high-traffic Glendale intersection.
      6730-6756 W Camelback Rd, Glendale, AZ 85303
      View Details
    • Contact for pricing
      956 SF

      Retail Space in Glendale Center

      Retail space available in strong Fry's Grocery anchored center.
      6702-6710 W Bethany Home Rd, Glendale, AZ 85303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5051 83rd Ave
    Glendale, AZ 85303-6000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.