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Property profile & analytics
OFF-MARKET
Retail space
7011 57th Ave, Glendale, AZ 85301-2584
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-1134951
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
CONCRETE
Total area
1,675 SF
Lot
0.08 ac (3,500 SF)
Zoning code
C-C
APN
147-25-127
UPID
US07-1134951
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
-
Arizona Insurance Insurance Agency
-
State 48 Insurance Brokers Of Arizona - Marisol Arnold-Canez Agency Insurance Agency
-
The Brown House Group Training Center Tutoring Service
-
Beautybynhai Hair Salon
-
Laser Ink Lab Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
7011 N 57th Ave LLC · 6 yrs held
7011 N 57th Ave LLC
since 2020
6 recorded transactions
Zoning & alternative use
C-C · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,750
Tax year 2023
Assessed value
$23,610
Assessed 2024
Previous assessed
$20,128
+17.3% YoY
Effective rate
7.41%
On assessed value
Land market value
$49,000
Improvement market value
$94,090
Total market value
$143,090
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,675 SF
Lot
0.08 ac (3,500 SF)
Zoning code
C-C
APN
147-25-127
UPID
US07-1134951
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Glendale, AZ
Zoning C-C · permitted uses
C-C · 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.
Building & site characteristics
From public records
Year built
1961
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
7011 N 57th Ave LLC
Entity
Mailing address
2714 N 88TH DR, PHOENIX, AZ 85037-3433
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2020
$500,000
7011 N 57th Ave LLC
Herman Villa LLC
Special Warranty Deed
$350,000 · Midfirst Bank
Apr 1, 2003
—
Anthony E Hester
Hester,cheryl A
Quit Claim Deed
related
$65,000 · Bnc National Bank
Jun 14, 2001
$79,000
Anthony E Hester
Allen,cameron A & Eva A
Quit Claim Deed
related
—
Jul 28, 2000
—
Allen,cameron A & Eva
Hester,anthony E
Trustees Deed
related
—
Jun 12, 1996
$79,000
Anthony E Hester
Cameron A & Eva A Allen
Grant Deed
$65,000 · Seller
—
—
Anthony E Hester
—
Deed Of Trust
related
$39,855 · Cameron A & Eva A
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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