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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Industrial properties
5218 Missouri Ave Glendale, AZ 85301-6004
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US07-0108058
Property summary
AI-generated overview
This Glendale, Arizona industrial property presents a compelling sale-leaseback opportunity. The 5,468-square-foot building, situated on a 28,611-square-foot lot, is ideally suited for distribution, flex, or manufacturing uses. Constructed in 1977 and renovated in 2020, the single-story structure boasts a 16-foot ceiling height, three loading docks, and twelve parking spaces. Currently 100% occupied by a single tenant under a modified lease with a corporate guarantee, the lease term is two years, expiring December 31, 2026. The property is zoned M-1 and offers convenient access to major transportation arteries, including the I-10, I-17, and Loop 101 freeways. This sale-leaseback arrangement provides a secure investment with a guaranteed income stream for two years. The asking price is $1,600,000. The business operating within the building is not included in the sale; only the real estate is being offered. This is a rare opportunity to acquire a well-maintained industrial property in a prime location with a strong lease in place.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1977
Construction
CONCRETE
Total area
5,468 SF
Lot
0.64 ac (28,000 SF)
Zoning code
M-2
APN
144-76-018
UPID
US07-0108058
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
-
All City Tri City Power Sweep Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.16M
Owner & transaction history
Tcs Ents LLC · 19 yrs held
Tcs Ents LLC
since 2007
3 recorded transactions
Zoning & alternative use
M-2 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+132.4%
Neighborhood: shopping center
$1.6M
+94.9%
Commercial (general)
$1.5M
+81.4%
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
INDUSTRIAL (GENERAL)
$810,000
Current use
OFFICE BUILDING
$1,885,000
Change: +132% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,580,000
Change: +95% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,470,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$1,255,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,065,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,050,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$212 / 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
$7,849
Tax year 2023
Assessed value
$135,086
Assessed 2024
Previous assessed
$110,925
+21.8% YoY
Effective rate
5.81%
On assessed value
Land market value
$231,600
Improvement market value
$587,100
Total market value
$818,700
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1977
Construction
CONCRETE
Heating
SPACE
Cooling
YES
Stories
1
Total area
5,468 SF
Lot
0.64 ac (28,000 SF)
Zoning code
M-2
APN
144-76-018
UPID
US07-0108058
Jurisdiction
MARICOPA
Zoning & alternative use
M-2 · Glendale, AZ
Zoning M-2 · permitted uses
M-2 · 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
$810,000
OFFICE BUILDING
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1977
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Tcs Ents LLC
Entity
Mailing address
PO BOX 35786, PHOENIX, AZ 85069-5786
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2007
$485,000
Tcs Ents LLC
Jordan Patrick J Trust
Warranty Deed
$411,000 · Meridian Bank
Aug 1, 1988
$127,000
Patrick J Jordan
—
Deed Of Trust
related
—
—
—
Tcs Ent LLC
—
Deed Of Trust
related
$411,000 · Meridian Bank
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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