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Property profile & analytics
OFF-MARKET
Estimated value
$5,115,000
Flex space
5530 Bethany Home Rd Glendale, AZ 85301-7766
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-0028919
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1968
Total area
30,480 SF
Lot
2.19 ac (95,544 SF)
Zoning code
M-1
APN
146-12-002H
UPID
US07-0028919
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
-
3Way Mufflers Car Rental Facility
-
Bj Muffler Shop Auto Repair Shop
-
Elite Wheelz & Tires LLC (Bike/Boat/Book/etc) Store Auto Parts Store
-
Tacos El Rojo PHX Restaurant
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.12M
Blend (final)
Blend
$5.12M
Owner & transaction history
J & D Ramirez Investments LLC · 3 yrs held
J & D Ramirez Investments LLC
since 2022
7 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.2M
+81.4%
Medical building
$7.0M
+54.7%
Auto repair, garage
$5.9M
+31.5%
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)
$4,520,000
Current use
COMMERCIAL (GENERAL)
$8,195,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$6,990,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,940,000
Change: +31% · Conversion: Easy
RETAIL STORES
$5,840,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$5.12M
Range $4.60M – $5.63M · ±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
$168 / 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
$21,511
Tax year 2023
Assessed value
$573,689
Assessed 2024
Previous assessed
$573,689
+0.0% YoY
Effective rate
3.75%
On assessed value
Land market value
$745,800
Improvement market value
$2,731,100
Total market value
$3,476,900
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
1968
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
3
Total area
30,480 SF
Lot
2.19 ac (95,544 SF)
Zoning code
M-1
APN
146-12-002H
UPID
US07-0028919
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
$4.5M
COMMERCIAL (GENERAL)
Est. value
$8.2M
MEDICAL BUILDING
Est. value
$7.0M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RETAIL STORES
Est. value
$5.8M
INDUSTRIAL (GENERAL) Current
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
1968
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
2.19 ac
Current owner
From public records · entity-resolved
J & D Ramirez Investments LLC
Entity
Mailing address
5530 W BETHANY HOME RD, GLENDALE, AZ 85301-7766
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
—
J & D Ramirez Investments LLC
Ramirez Investments 1 LLC
Special Warranty Deed
—
Mar 15, 2013
$620,000
Ramirez Investments 1 LLC
Sbaz R Of E Holdings LLC
Grant Deed
$360,000 · Miscellaneous Ins Co
Mar 11, 2011
$618,562
Sbaz Real Estate Holdings LLC
Horwitz,ronald M
Trustees Deed
related
—
Jun 9, 2005
$740,000
Clearwater Beverage Group LLC
Keim Howard E Trust
Grant Deed
$500,000 · Howard E & Joann L Keim
Jun 2, 2004
$740,000
Clearwater Beverage Group LLC
Keim,tr
Grant Deed
related
$1,265,000 · Camelback Community Bank
Apr 1, 1999
$1,032,790
Kein Trust
Dysthe & Dobbs Investment
Grant Deed
related
$1,320,000 · Pacific Century Bank
May 26, 1987
—
Dysthe
—
Deed Of Trust
related
—
—
—
Clearwater Beverage Group LLC
—
Deed Of Trust
related
$332,000 · Diversified Lending Group INC Diversified Lending Group INC
—
—
Dysthe Partn
—
Deed Of Trust
related
$168,000 · Mortgage Ltd
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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