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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Bars & Pubs
6727 47th Ave, Glendale, AZ 85301-3504
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-0404505
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1979
Construction
CONCRETE
Total area
13,712 SF
Lot
2.07 ac (90,256 SF)
Zoning code
C-2
APN
146-25-001M
UPID
US07-0404505
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
-
BLT Kitchens - West Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Food Trucks Phx LLC · 2 yrs held
Food Trucks Phx LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C-2 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,580,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,145,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,625,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,405,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Sep 15 2023)
Last sale anchor
$2.00M
Sep 15 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
$146 / 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
$25,993
Tax year 2022
Assessed value
$257,596
Assessed 2024
Previous assessed
$243,542
+5.8% YoY
Effective rate
10.09%
On assessed value
Land market value
$660,200
Improvement market value
$900,989
Total market value
$1,561,189
Applied tax rate
680,700.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1979
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
13,712 SF
Lot
2.07 ac (90,256 SF)
Zoning code
C-2
APN
146-25-001M
UPID
US07-0404505
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Glendale, AZ
Zoning 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
Glendale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.4M
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1979
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
Food Trucks Phx LLC
Entity
Mailing address
739 E DUNLAP AVE, PHOENIX, AZ 85020-2917
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2023
$2,000,000
Food Trucks Phx LLC
Maxs Sports & Simulcast Wagering Ct
Special Warranty Deed
$1,500,000 · First Citizens Bank & Trust Co
Mar 1, 2002
$860,000
Max Sports
Max Sports Bar LLC
Grant Deed
related
—
May 15, 2000
$850,000
Max's Sports Bar LLC
Chan,laura W
Grant Deed
$425,000 · Mortgages Ltd
Sep 15, 1997
—
Laura W Ghan
Jerry L Ghan
Quit Claim Deed
related
—
Dec 4, 1996
$700,000
Jerry L Ghan
Randy W & Julie R Beyer
Grant Deed
—
Mar 8, 1993
—
Randy W Beyer
Beyer Family Tru
Quit Claim Deed
related
—
Mar 8, 1993
$283,333
Von Germeten,james V & Joan M
Beyer
Trustees Deed
—
Mar 8, 1993
$170,000
Beyer,randy W & Julie R
Van Buren
Trustees Deed
$94,197 · No New Mortgage
Dec 30, 1988
$234,810
Beyer Maxton B
—
Deed Of Trust
related
—
—
—
Jerry L Ghan
—
Deed Of Trust
related
—
—
—
Randy W Beyer
—
Deed Of Trust
related
—
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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