For Sale
1 / 4
$1,700,000
5723 W Glendale Ave, Glendale, AZ 85301
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Property profile
Verified
Property type
Retail Stores
Year built
1982
Total area
3,843 SF
Lot
0.15 ac (6,500 SF)
Zoning code
PR
APN
146-02-931
UPID
US07-1106333
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
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
since 2017
Last sale
$450,000
2 recorded transactions
Zoning & alternative use
PR · Glendale, AZ
Zoning description
Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & P…
General category
COMMERCIAL
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
3,843 SF
Lot area
0.15 ac
Year built
1982
APN
146-02-931
Zoning
PR
Assessed value
$73,656
Annual tax
$5,130
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,130
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.33M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.0 mi away · 4,936 SF
7.0 mi away · 4,936 SF
7.0 mi away · 4,936 SF
7.1 mi away · 4,936 SF
8.0 mi away · 3,750 SF
5
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
3.04%
Selected cap rate for this retail stores
Derived from the Glendale market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.04%
9.0%
NOI (est.)
$52k *
Last sale · Sep 2017
$450k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.70M
Move the market yield to see immediate price impact.
Value / SF
$442
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.54%3.04%3.54%
$46k
$1.83M
$1.53M
$1.31M
$52k
$2.03M
$1.70M
$1.46M
$57k
$2.23M
$1.87M
$1.60M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.07M
5.4 mi · Apr 2026 · $297/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,130
Tax year 2023
Assessed value
$73,656
Effective rate
6.96%
On assessed value
Land market value
$90,700
Improvement market value
$355,700
Total market value
$446,400
Applied tax rate
400,700.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail Stores
Status
For Sale
Year built
1982
Total area
3,843 SF
Lot
0.15 ac (6,500 SF)
Zoning code
PR
APN
146-02-931
UPID
US07-1106333
Zoning & alternative use
PR · Glendale, AZZoning PR · permitted uses
PR · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & P…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1982
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PR
COMMERCIAL
Jurisdiction
Glendale, AZ
Recorded code
PR
Official district
PR
Official district profile
What the municipal code says about PR
Zoning description
Standards - see Table 2.200-1 R1-10, R1-8, R1-7, R1-6, & R1-4 (Single Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & P…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PR in Glendale, AZ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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