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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Warehouses
6033 57th Dr Glendale, AZ 85301-7763
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-2663168
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
CONCRETE
Total area
2,944 SF
Lot
0.24 ac (10,364 SF)
Zoning code
M-1
APN
146-11-023
UPID
US07-2663168
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
-
Kingdom Concrete Glendale Construction Company General Contractor
-
Priority Roofing Company Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$435k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Priority Roofing Company · 3 yrs held
Priority Roofing Company
since 2023
Last sale
$650,000
5 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
or area of any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and M-2. 4. Accessory buildings and structures, including tool/storage sheds, shall be included in lot coverage calculations for all zo…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,974.74 ac
Top alternative use upside
Neighborhood: shopping center
$850,000
+1,912.3%
Commercial (general)
$790,000
+1,772.6%
Medical building
$675,000
+1,496.9%
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
$620,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$400,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: +1,912% · Conversion: Moderate
COMMERCIAL (GENERAL)
$790,000
Change: +1,773% · Conversion: Difficult
MEDICAL BUILDING
$675,000
Change: +1,497% · Conversion: Difficult
AUTO REPAIR, GARAGE
$575,000
Change: +1,257% · Conversion: Easy
RETAIL STORES
$565,000
Change: +1,234% · Conversion: Moderate
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $650k (Jul 28 2023)
Last sale anchor
$650k
Jul 28 2023
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
$200 / 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
$3,950
Tax year 2023
Assessed value
$77,649
Assessed 2024
Previous assessed
$77,649
+0.0% YoY
Effective rate
5.09%
On assessed value
Land market value
$69,700
Improvement market value
$400,900
Total market value
$470,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,944 SF
Lot
0.24 ac (10,364 SF)
Zoning code
M-1
APN
146-11-023
UPID
US07-2663168
Jurisdiction
MARICOPA
Zoning & alternative use
M-1 · Glendale, AZZoning 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
Zoning description
or area of any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and M-2. 4. Accessory buildings and structures, including tool/storage sheds, shall be included in lot coverage calculations for all zoning districts. What are the exceptions for Accessory Building and Structures? 1. M
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,974.74 ac
Alternative use value scenarios
Repositioning upside vs current use
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
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
1991
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Priority Roofing Company
Entity
Mailing address
5519 W MARCONI AVE, GLENDALE, AZ 85306-2402
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2023
$650,000
Priority Roofing Company
57th And Bethany LLC
Warranty Deed
$617,500 · Cdc Direct Capital
Jun 16, 2005
$270,000
57th & Bethany LLC
Jones,robert G & Donna S
Warranty Deed
$225,000 · Compass Bank
Feb 12, 1998
$160,000
Robert G Jones
Us Small Business Admn
Quit Claim Deed
related
$144,000 · Money Store Investment Corp
Sep 4, 1997
$235,000
Small Business Administration
Thomas K Perault
Trustees Deed
—
Jul 1, 1992
$184,000
Thomas Kfrances Lhljh Eo Perault
Camelback East S
Grant Deed
$225,000
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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