Financial
Distress signals
Property profile

5241 Luke Ave Glendale, AZ 85301

OFF-MARKET
Commercial land
Property ID
US07-0930938
0.64 ac lot
Last sale Aug 2019 · $615,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This ±1-acre industrial property, ideally suited for contractors or businesses requiring secure outdoor storage, is now available for lease. The site boasts approximately 89,455 square feet (1.93 acres) of land, offering ample space for various operational needs. The property is fully fenced, providing enhanced security, and includes a partial block wall for added protection. Its zoning designation is M-2 (Heavy Industrial), making it suitable for a wide range of industrial uses. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$35k
Effective rate6.14%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$269/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$100 – $475

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency44.6
Law Firm31.7
Restaurant21.3

Location

5241 Luke Ave Glendale, AZ 85301
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5604 67th, Glendale, AZ 85301-5508 $2,685,185 Feb 2026 N/A
Glendale, AZ 85301 $50,000 Dec 2024 N/A
5130 43rd, Glendale, AZ 85301-7107 $475,000 Oct 2024 N/A
Glendale, AZ 85301 $335,000 Mar 2024 N/A
6801 59th, Glendale, AZ 85301-3164 $389,900 Dec 2023 N/A
6848 Grand, Glendale, AZ 85301-1028 $720,000 Nov 2023 656 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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