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Property profile & analytics
OFF-MARKET
Warehouses
5615 54th Ave Glendale, AZ 85301-6013
Individually Owned
~
Est. High Equity
Property ID
US07-1376499
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
CONCRETE
Total area
8,230 SF
Lot
0.41 ac (17,969 SF)
Zoning code
I-2
APN
144-35-022
UPID
US07-1376499
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
-
Coast To Coast Trophies LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Charles Scott Smith
Charles Scott Smith
since 2025
7 recorded transactions
Zoning & alternative use
I-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,052
Tax year 2023
Assessed value
$140,481
Assessed 2024
Previous assessed
$108,273
+29.7% YoY
Effective rate
5.73%
On assessed value
Land market value
$163,200
Improvement market value
$688,200
Total market value
$851,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Total area
8,230 SF
Lot
0.41 ac (17,969 SF)
Zoning code
I-2
APN
144-35-022
UPID
US07-1376499
Jurisdiction
MARICOPA
Zoning & alternative use
I-2 · Glendale, AZZoning I-2 · permitted uses
I-2 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Charles Scott Smith
Individual
Mailing address
5628 W ASTER DR, GLENDALE, AZ 85304-1804
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2025
—
Charles Scott Smith
Charles Scott Smith
Deed
—
Jan 31, 2017
—
Gregory K Smith
Smith Greg & Tina Trust
Quit Claim Deed
related
—
Oct 5, 2012
—
Smith Greg & Tina Trust
Smith,gregory K
Quit Claim Deed
related
—
Jul 10, 2009
—
Stecker Family Ptshp
—
Deed Of Trust
related
$2,000,000 · Nh Profit Invs IV LLC
Sep 19, 1997
—
Charles S Smith
Dawn M Smith
Quit Claim Deed
related
—
Aug 26, 1993
$168,000
Gregory K Smith
Smith
Grant Deed
related
$131,000 · Bank Of America
—
—
Charles S Smith
—
Deed Of Trust
related
$146,000 · Bank Of America
—
—
Gregory K Smith
—
Deed Of Trust
related
$171,000 · J P Morgan Chase Bank
—
—
Smith,charles S & Gregory K
—
Deed Of Trust
related
$226,991 · Midfirst Bk
—
—
Charles S Smith
—
Deed Of Trust
related
$100,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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