Realmo Analytics

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Property profile

5340 W Glendale Ave 2 Glendale, AZ 85301

FOR SALE
Grocery and convenience stores
Property ID
US07-0413509
39,200 SF 2.6 ac lot Built 1965
Last sale Nov 2009 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail space is located in a corner configuration with ingress and egress available from both 54th Avenue and Glendale Avenue, providing access from the adjacent parking areas. The space is positioned within an established retail context next to a Dollar Tree. The building was constructed in 1965 and is configured to support retail use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$40k
Tax billed · 2023
Assessed value · 2024$465k
Effective rate8.63%

Value estimate

· Oct 2026
$2.42M
$2.17M – $2.66M
Submarket $/SF estimate$4.29M
NOI build-up
Gross scheduled income$292k
Vacancy & credit loss−$25k
Operating expenses−$80k
NOI · 1,152.90% cap applied$187k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$192/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$109 – $339
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,152.90%
$187k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
The intent of this district is to accommodate either integrated or freestanding commercial uses and services. Uses serve neighborhood sca...
General categoryCOMMERCIAL
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 agency23.5
Gym & Fitness11.3
Law Firm9.6

Location

5340 W Glendale Ave, Unit 2 Glendale, AZ 85301
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5704 Glenn, Glendale, AZ 85301-2557 $2,997,600 Dec 2025 6,841 SF
5275 59th, Glendale, AZ 85301-7484 $1,750,000 Jun 2025 9,504 SF
7150 51st, Glendale, AZ 85301-2606 $2,100,000 Mar 2025 11,902 SF
6840 Grand, Glendale, AZ 85301-1028 $2,200,000 Jul 2023 6,328 SF
5803 Northern, Glendale, AZ 85301-1362 $720,250 May 2023 8,000 SF
6108 Glendale, Glendale, AZ 85301-2347 $40,000 Aug 2022 8,820 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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