Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,545,000
Car washes
6657 Olive Ave Glendale, AZ 85302-3995
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US07-2274100
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2019
Construction
CONCRETE
Total area
5,170 SF
Lot
1.32 ac (57,397 SF)
Zoning code
C-2
APN
143-19-006G
UPID
US07-2274100
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
-
Super Star Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.57M
Blend (final)
Blend
$5.55M
Owner & transaction history
Las Troyanas LLC · 3 yrs held
Las Troyanas LLC
since 2022
Last sale
$6.3M
4 recorded transactions
Zoning & alternative use
C-2 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
sidence) Use 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, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O, C-O, & G-O (Professional Office) Use Standards - see Table 2.…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,606.22 ac
Top alternative use upside
Restaurant
$4.7M
+105.5%
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
RESTAURANT
$4,655,000
Change: +105% · Conversion: Difficult
Blend value · Realmo final
$5.55M
Range $4.99M – $6.10M · ±10% · vs last sale $6.33M (Sep 16 2022)
Last sale anchor
$6.33M
Sep 16 2022
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
$1,073 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$31,823
Tax year 2022
Assessed value
$339,035
Assessed 2024
Previous assessed
$301,648
+12.4% YoY
Effective rate
9.39%
On assessed value
Land market value
$1,005,400
Improvement market value
$1,049,355
Total market value
$2,054,755
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
5,170 SF
Lot
1.32 ac (57,397 SF)
Zoning code
C-2
APN
143-19-006G
UPID
US07-2274100
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Glendale, AZZoning C-2 · permitted uses
C-2 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
sidence) Use 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, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O, C-O, & G-O (Professional Office) Use Standards - see Table 2.600-1 B-P, M-1, M-2 (Business and Industrial) Use Standards - see Table 2.700-1 Wha
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,606.22 ac
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.7M
RESTAURANT
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
2019
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.32 ac
Current owner
From public records · entity-resolved
Las Troyanas LLC
Entity
Mailing address
1830 N 95TH AVE STE #106, PHOENIX, AZ 85037-4427
Ownership since
2022
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
Sep 16, 2022
$6,328,000
Las Troyanas LLC
Sscw Olive Avenue LLC
Special Warranty Deed
$3,000,000 · Wells Fargo Bank NA
Jun 28, 2019
$1,200,000
Sscw Olive Avenue LLC
Lcf Car Wash Olive LLC
Special Warranty Deed
$2,625,000 · Bbva USA
Apr 30, 2018
$750,000
Kobold 14 LLC
Sqft LLC
Grant Deed
—
Apr 30, 2018
$1,000,000
Lcf Car Wash Olive LLC
Kobold 14 LLC
Grant Deed
—
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?”
You own 6657 Olive Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
