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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Flex space
5805 Mclellan Rd Glendale, AZ 85301-3910
Entity Owned
~
Est. High Equity
Property ID
US07-3307133
Property summary
AI-generated overview
This Glendale, Arizona industrial property, located at 5805 W McLellan Rd in Maricopa County, offers a unique opportunity for businesses seeking flexible warehouse, manufacturing, flex, or distribution space. The property totals 13,622 square feet and currently has 3,400 square feet immediately available. Two 1,700 square foot bays are available, which can be combined to create a contiguous space of up to 3,400 square feet. The minimum leasable space is 1,700 square feet. The property sits on a 0.6-acre lot and features a large paved and gated yard, providing ample outdoor storage or maneuvering space. The building is of block construction and equipped with a fire sprinkler system, enhancing safety and security. The M-1 zoning designation offers versatility for various industrial uses. This property is ideal for businesses requiring both indoor and outdoor space, offering a combination of warehouse and yard space in a convenient Glendale location. Contact us today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1986
Construction
CONCRETE
Total area
6,811 SF
Lot
0.59 ac (25,912 SF)
Zoning code
M-1
APN
146-03-103B
UPID
US07-3307133
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
-
Professional Millwork Design General Contractor Renovation Specialist
-
Berki Sun Control Products Building Supply Hardware & Home Improvement
-
Scott's Sharpening Service Building Supply
-
Custom Production Woodworks General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.73M
Owner & transaction history
Tda Mclellan LLC
Tda Mclellan LLC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.3M
+132.4%
Neighborhood: shopping center
$2.0M
+94.9%
Commercial (general)
$1.8M
+81.4%
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
OFFICE BUILDING
$2,345,000
Change: +132% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,970,000
Change: +95% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,830,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$1,560,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,325,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,305,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10% · vs last sale $2.00M (May 5 2025)
Last sale anchor
$2.00M
May 5 2025
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
$253 / 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
$11,358
Tax year 2023
Assessed value
$227,651
Assessed 2024
Previous assessed
$167,450
+36.0% YoY
Effective rate
4.99%
On assessed value
Land market value
$217,900
Improvement market value
$1,161,800
Total market value
$1,379,700
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Units
2
Total area
6,811 SF
Lot
0.59 ac (25,912 SF)
Zoning code
M-1
APN
146-03-103B
UPID
US07-3307133
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
OFFICE BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1986
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Tda Mclellan LLC
Entity
Mailing address
5805 W MCLELLAN RD, GLENDALE, AZ 85301-3910
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
—
Tda Mclellan LLC
—
Deed
related
$925,000 · Global FCU
Aug 5, 2025
$2,000,000
Tda Mclellan LLC
Jdm Mclellan Road LLC
Special Warranty Deed
$900,000 · Dd Match LLC
Jul 17, 2024
$1,500,000
Jdm Mclellan Road LLC
D & P Property Management LLC
Warranty Deed
$1,150,000 · Enterprise Bank & Trust
Feb 22, 2010
$242,060
Jp Morgan Chase Bk
Messing Jeffrey
Trustees Deed
related
—
Jul 19, 2006
—
D & P Property Management LLC
David A Proctor
Quit Claim Deed
related
$430,000 · Wells Fargo Bank NA
May 2, 2006
—
Rish Trust
Rish,charles C & Amelia M
Quit Claim Deed
related
—
May 23, 2003
$510,000
David A Proctor
Southwest Food INC
Grant Deed
—
Dec 1, 1992
$200,000
Southwest Specialty Food Company
Weingart
Grant Deed
$100,000 · Seller
—
—
Southwest Specialty Food INC
—
Deed Of Trust
related
—
—
—
Southwest Specialty Food Co
—
Deed Of Trust
related
—
—
—
George Weingart
—
Deed Of Trust
related
$50,000 · National Mortgage Co
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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