Technical
Financial
Distress signals
Property profile

5137 Olive Ave Glendale, AZ 85302

OFF-MARKET
Grocery and convenience stores
Property ID
US07-2246253
40,250 SF 5.99 ac lot Built 2011
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2011
Construction CONCRETE
Total area 40,250 SF
Lot 5.99 ac (261,033 SF)
Zoning code C-2
APN 148-20-463A
UPID US07-2246253

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
  • Kennel & Boarding Facility
  • Electrical Service General Contractor
  • Social Service Agency
  • Hardware & Home Improvement
  • Bank Credit Union

Location

5137 Olive Ave Glendale, AZ 85302-4204
Glendale metro Census 92307 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.46M
Blend (final) Blend
$730k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

C-2 · Glendale, AZ
Zoning description

sidence) Use Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1,…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $17.6M +64.8%
Office building $12.9M +20.4%
Commercial (general) $12.3M +15.4%

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
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