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Property profile & analytics
FOR SALE
Industrial properties
6016 N 57Th Ave Glendale, AZ 85301
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-0834169
For Sale
1 / 35
$1,100,000
6016 N 57Th Ave, Glendale, AZ 85301
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1988
Construction
CONCRETE
Total area
2,944 SF
Lot
0.24 ac (10,364 SF)
Zoning code
M-1
APN
146-11-032
UPID
US07-0834169
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
-
Welder Repair General Contractor
-
Screen Specialists Electronics & Wireless Store Mobile Phone Store
-
S & J Wholesale Electronics & Wireless Store Mobile Phone Store
-
Shadowcraft Interior Design Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$625k
Owner & transaction history
El Patinador Mattress LLC · 8 yrs held
El Patinador Mattress LLC
since 2018
4 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+132.4%
Neighborhood: shopping center
$850,000
+94.9%
Commercial (general)
$790,000
+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
INDUSTRIAL (GENERAL)
$435,000
Current use
OFFICE BUILDING
$1,015,000
Change: +132% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: +95% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$675,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$575,000
Change: +31% · Conversion: Easy
RETAIL STORES
$565,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$212 / 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
$3,729
Tax year 2023
Assessed value
$77,732
Assessed 2024
Previous assessed
$62,628
+24.1% YoY
Effective rate
4.80%
On assessed value
Land market value
$69,700
Improvement market value
$401,400
Total market value
$471,100
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
For Sale
Year built
1988
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
2,944 SF
Lot
0.24 ac (10,364 SF)
Zoning code
M-1
APN
146-11-032
UPID
US07-0834169
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
$435,000
OFFICE BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$790,000
MEDICAL BUILDING
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$575,000
RETAIL STORES
Est. value
$565,000
INDUSTRIAL (GENERAL) Current
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
1988
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
El Patinador Mattress LLC
Entity
Mailing address
10314 W SUPERIOR AVE, TOLLESON, AZ 85353-8423
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2022
—
El Patinador Mattress LLC
—
Deed
related
$225,000 · Midfirst Bank
May 8, 2018
$255,000
El Patinador Mattress LLC
Lima Ents LLC
Grant Deed
$204,000 · A&a Fndg
Apr 29, 2016
$172,500
Lima Enterprises LLC
James M Holley
Warranty Deed
$136,000 · Bmo Harris Bank NA
—
—
James M Holley
—
Deed Of Trust
related
$165,000 · Ranch Natl Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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