Back to Search
Property profile & analytics
FOR SALE
Office buildings
7111 W Bell Rd Glendale, AZ 85308
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0403037
For Sale
1 / 2
$8,665,000
7111 W Bell Rd, Glendale, AZ 85308
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
CONCRETE
Total area
11,993 SF
Lot
3.04 ac (132,225 SF)
Zoning code
C-O
APN
200-52-022H
UPID
US07-0403037
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
-
Bryan Wilber with Fairway Independent Mortgage Corporation Loan Service Bank
-
Anthony Jasperson | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
-
Ryan Murray | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
-
Bryan Matthew Wilber | Fairway Independent Mortgage Corporation Loan Officer Loan Service
-
Kyle Franklin | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.60M
Blend (final)
Blend
$4.61M
Owner & transaction history
Dobson Bell Building LLC · 1 yrs held
Dobson Bell Building LLC
since 2025
6 recorded transactions
Zoning & alternative use
C-O · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.3M
+126.6%
Commercial (general)
$3.7M
+58.5%
Neighborhood: shopping center
$3.5M
+49.4%
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
AUTO REPAIR, GARAGE
$5,255,000
Change: +127% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,675,000
Change: +59% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,465,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$3,185,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$4.61M
Range $4.14M – $5.07M · ±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
$384 / 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
$84,362
Tax year 2023
Assessed value
$1,056,645
Assessed 2024
Previous assessed
$1,202,937
-12.2% YoY
Effective rate
7.98%
On assessed value
Land market value
$2,107,300
Improvement market value
$4,296,610
Total market value
$6,403,910
Applied tax rate
110,700.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
11,993 SF
Lot
3.04 ac (132,225 SF)
Zoning code
C-O
APN
200-52-022H
UPID
US07-0403037
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Glendale, AZ
Zoning C-O · permitted uses
C-O · 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
AUTO REPAIR, GARAGE
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$3.2M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
3.04 ac
Current owner
From public records · entity-resolved
Dobson Bell Building LLC
Entity
Mailing address
1619 E GUADALUPE RD STE #1, TEMPE, AZ 85283-3970
Ownership since
2025
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
Mar 31, 2025
—
Dobson Bell Building LLC
Dobson IV Silos LLC
Deed
related
—
Mar 6, 2025
—
Dobson Bell Building LLC
Dobson IV Silos LLC
Special Warranty Deed
—
Jan 10, 2017
$5,885,000
Djd Property Holdings LLC
Bell American Plaza LLC
Grant Deed
—
Jan 4, 2005
—
Bell American Plaza LLC
B & M Ptshp LLC
Quit Claim Deed
related
—
Feb 28, 2000
$942,830
B & M Partnership LLC
Midcor Associates III
Grant Deed
$400,000 · Home National Bank
—
—
Bell American Plaza LLC
—
Deed Of Trust
related
$5,100,000 · Industrial-alliance Pac Life I
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?”
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.
