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Property profile

5700 Olive Ave 3 Glendale, AZ 85302

OFF-MARKET
Medical Office Space
Property ID
US07-3353448
3,170 SF 1.43 ac lot Built 1988
Last sale Feb 2014 · $1,175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$26k
Tax billed · 2023
Assessed value · 2024$461k
Effective rate5.63%

Value estimate

· Oct 2026
$1.20M
$1.08M – $1.32M
Submarket $/SF estimate$1.22M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$229/SF
Submarket average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$74 – $383
Qualifying comparables9

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?
C-O
The commercial office district provides for financial and professional service offices located on arterial streets or adjacent to commerc...
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 agency33.7
Law Firm21.3
Spa & Massage17.2

Location

5700 Olive Ave, Unit 3 Glendale, AZ 85302-3147
County assessor Recorded deeds · 7 transfers 9 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8811 51st, Glendale, AZ 85302-4949 $2,362,500 Oct 2024 4,998 SF
8503 51st Aved, Glendale, AZ 85302-4919 $170,000 Jul 2021 2,780 SF
8509 51st Aveb, Glendale, AZ 85302-4919 $205,000 Apr 2021 3,826 SF
8507 51st Avea, Glendale, AZ 85302-4919 $290,000 Aug 2020 3,617 SF
4407 Peoria, Glendale, AZ 85302-2036 $2,400,000 Nov 2019 10,800 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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