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Property profile & analytics
OFF-MARKET
Estimated value
$2,575,000
Flex space
5213 Lamar Rd Glendale, AZ 85301-3400
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1063526
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1982
Construction
CONCRETE
Total area
23,993 SF
Lot
1.69 ac (73,463 SF)
Zoning code
M-1
APN
146-06-058F
UPID
US07-1063526
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
-
Goodfellas Merch (Bike/Boat/Book/etc) Store Printing Service
-
Concrete Coring Co Construction Company General Contractor
-
Body Soul Printing Marketing & Advertising Printing Service
-
Done Right Diesel llc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.58M
Owner & transaction history
Yelloe Submazrine LLC · 4 yrs held
Yelloe Submazrine LLC
since 2021
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,395,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,150,000
6.5%
$2,905,000
7%
$2,700,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,555,000
Current use
Blend value · Realmo final
$2.58M
Range $2.32M – $2.83M · ±10% · vs last sale $2.50M (Aug 27 2021)
Last sale anchor
$2.50M
Aug 27 2021
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
$107 / 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
$23,229
Tax year 2023
Assessed value
$488,450
Assessed 2024
Previous assessed
$376,312
+29.8% YoY
Effective rate
4.76%
On assessed value
Land market value
$495,900
Improvement market value
$2,464,400
Total market value
$2,960,300
Applied tax rate
400,700.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
23,993 SF
Lot
1.69 ac (73,463 SF)
Zoning code
M-1
APN
146-06-058F
UPID
US07-1063526
Jurisdiction
MARICOPA
Zoning & alternative use
M-1 · Glendale, AZ
Zoning M-1 · permitted uses
M-1 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.6M
INDUSTRIAL (GENERAL) Current
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
1982
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Yelloe Submazrine LLC
Entity
Mailing address
5213 W LAMAR RD STE #1, GLENDALE, AZ 85301-3445
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2021
$2,500,000
Yelloe Submazrine LLC
Cup Properties LLC
Warranty Deed
$2,300,000 · Tim Cup Properties
Jun 10, 2008
$1,650,000
Tin Cup Properties LLC
5213 West Lamar Road Indl Com
Grant Deed
—
Jun 10, 2005
$293,012
5213 West Lamar Road Indl Com
Kline,gary A & Deirdre P
Grant Deed
—
Mar 5, 2004
$1,039,050
5213 W Lamar Rd Industrial Co
Murray & Olmstead Enterprises
Grant Deed
$75,383 · First Trust Corp
—
—
5213 W Lamar Road Indl Comple
—
Deed Of Trust
related
$825,000 · Pacific Capital Bank NA
—
—
Murray & Olmstead Enterprises
—
Deed Of Trust
related
$600,000 · Bank One NA
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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