Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5130 Thunderbird Rd Glendale, AZ 85306-4828
    Back to Search
    Property profile & analytics

    5130 Thunderbird Rd, Glendale, AZ 85306-4828

    View on Map
    • Specialty properties
    • 24,650 SF
    • 2.19 lot acres
    Off-Market
    Last Sale Dec 21, 2021
    $6,800,000
    Property ID
    US07-2634661
    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.
    Value Estimations
    $6,420,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Helen Kang / Physician
    • Sonora Pulmonary & Sleep: Mann Ajitpal S MD / Physician
    • Arrow Animal Hospital & Grooming / Veterinary Clinic
    • Arrow Animal Hospital PLC: Payton Willow DVM / Veterinary Clinic
    • Valley Hospitalists LLC / Medical Clinic

    Property Details for 5130 Thunderbird Rd

    Year built
    1976
    Construction
    CONCRETE
    Lot size
    2.19 lot acres
    Zone code
    C-2
    Property type
    Specialty properties
    APN
    231-03-753
    APU
    23103753

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 21, 2021 $6,800,000 West End Hotel LLC Arrow Animal Hospital LLC Special Warranty Deed $4.6M · Us Bank NA
    Oct 30, 2017 — Arrow Animal Hospital Plc — Trustees Deed · related $3.6M · Enterprise Bk
    Jul 15, 2015 $1,200,000 Arrow Animal Hospital Plc Puran Enterprises INC Warranty Deed $960k · National Bank Of Arizona
    Apr 27, 1999 $777,000 Puran Enterprises Map Real Estate Investments Grant Deed $622k · Bank Of America
    Aug 29, 1997 $425,000 M A P Real Estate Investments Co Susan E Bower Trust Grant Deed $325k · Susan E Bower Trust
    May 16, 1995 — Susan E Bower Bower Quit Claim Deed · related —
    — — Puran Ents INC — Deed Of Trust · related $100k · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,360,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,036,000
      Market price range: $3.76M - $10.1M
      AI Estimate
      $6,036,000
      Market price range: $3.76M - $10.1M

    • Alternative Use

      Use
      Estimation
      VETERINARY, ANIMAL HOSPITAL
      $6,505,000
      Current use
      OFFICE BUILDING
      $7,890,000
      Change: +21% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $7,555,000
      Change: +16% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $7,125,000
      Change: +9% Conversion: Difficult
      RETAIL STORES
      $6,550,000
      Change: +1% Conversion: Difficult
      MEDICAL BUILDING
      $5,535,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.169
    Latitude
    33.6118
    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
    $50,970
    $0.00
    $0.00
    $797,594
    -
    $792,600
    $4,041,300
    $4,833,900

    Comparable in this City

    • Value Estimation
      $30,925,000
      2,883 SF

      6268 Thunderbird Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      6268 Thunderbird Rd, Glendale, AZ 85306-4016
      View Details
    • Value Estimation
      $1,240,000
      4,472 SF

      13807 51st Ave

      VETERINARY, ANIMAL HOSPITAL
      13807 51st Ave, Glendale, AZ 85306-4801
      View Details
    • Value Estimation by Request
      1,632 SF

      5032 Thunderbird Rd

      VETERINARY, ANIMAL HOSPITAL
      5032 Thunderbird Rd, Glendale, AZ 85306-4911
      View Details
    • Value Estimation
      $30,865,000
      9,664 SF

      15431 67th Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      15431 67th Ave, Glendale, AZ 85306
      View Details
    • Value Estimation by Request
      3,558 SF

      14221 51st Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      14221 51st Ave, Glendale, AZ 85306-2539
      View Details
    • Value Estimation
      $7,320,000
      3,756 SF

      5144 Thunderbird Rd

      VETERINARY, ANIMAL HOSPITAL
      5144 Thunderbird Rd, Glendale, AZ 85306-4828
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Pad in Glendale, Arizona

      Commercial land available for purchase in Glendale, Arizona.
      5780 W Beverly Ln, Glendale, AZ 85306
      View Details
    • Contact for pricing
      42,478 SF

      Medical Office Complex For Sale

      Four-building medical office complex with suites available for purchase.
      16222 N 59Th Ave, Glendale, AZ 85306
      View Details
    • New
      Contact for pricing
      2,720 SF

      Turnkey Medical Office Condo

      Move-in ready medical suite with multiple exam and treatment rooms plus covered physician parking in a healthcare-focused campus setting.
      5620 West Thunderbird Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing

      Greenway Plaza Retail Opportunity

      Retail spaces available in a well-established, high-traffic location.
      5830 W Greenway Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing

      Glendale Commercial Land Available

      Commercial land with utilities in Glendale, Arizona.
      5650 W Beverly Ln, Glendale, AZ 85306
      View Details
    • Contact for pricing

      Glendale Land for Sale

      Commercial land in a high-traffic corporate center.
      5780 W Beverly Ln, Glendale, AZ 85306
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,505 SF

      Glendale Office Space Available

      Office space available for lease in Glendale, Arizona.
      5620 W Thunderbird Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing
      5,234 SF

      Glendale Warehouse with Loading

      Industrial warehouse space available for lease in Glendale, Arizona.
      5255 W Phelps Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing
      2,228 SF

      Retail Space in Glendale, Arizona

      Retail spaces available in well-established neighborhood center near universities.
      5844 W Greenway Rd, Glendale, AZ 85306
      View Details
    • Contact for pricing
      3,820 SF

      Glendale Warehouse with Loading

      Warehouse space available for lease in Glendale, Arizona.
      16700 N 51St Ave, Glendale, AZ 85306
      View Details
    • Contact for pricing

      Commercial Land on Bell Road

      Commercial land for rent with frontage on Bell Road.
      53Rd Ave, Glendale, AZ 85306
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for lease in Glendale, Arizona.
      5651 W Talavi Blvd, Glendale, AZ 85306
      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.
    5130 Thunderbird Rd
    Glendale, AZ 85306-4828
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5130 Thunderbird Rd, Glendale, AZ, 85306
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!