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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Warehouses
7118 Frier Dr Glendale, AZ 85303-1207
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-3250968
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
CONCRETE
Total area
7,661 SF
Lot
0.57 ac (24,750 SF)
Zoning code
I-1
APN
143-25-008J
UPID
US07-3250968
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
-
Procon Professional Concrete, LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$950k
Owner & transaction history
Procon Investments LLC · 1 yrs held
Procon Investments LLC
since 2024
Last sale
$950,000
5 recorded transactions
Zoning & alternative use
I-1 · 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$1,220,000
6.5%
$1,125,000
7%
$1,045,000
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Oct 25 2024)
Last sale anchor
$950k
Oct 25 2024
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
$124 / 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
$12,501
Tax year 2023
Assessed value
$203,775
Assessed 2024
Previous assessed
$203,775
+0.0% YoY
Effective rate
6.13%
On assessed value
Land market value
$210,100
Improvement market value
$1,024,900
Total market value
$1,235,000
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
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
7,661 SF
Lot
0.57 ac (24,750 SF)
Zoning code
I-1
APN
143-25-008J
UPID
US07-3250968
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Glendale, AZZoning I-1 · permitted uses
I-1 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Procon Investments LLC
Entity
Mailing address
13980 W WOODBRIDGE AVE, GOODYEAR, AZ 85395-1485
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 25, 2024
—
Procon Investments LLC
Procon Investments LLC
Intrafamily Transfer
related
$500,000 · Zb NA
Mar 29, 2019
$950,000
Procon Investment LLC
Oneal Hoidings LLC
Grant Deed
$235,000 · National Bk/az
Jun 3, 2008
$920,000
Oneal Holdings LLC
7118 W Frier Drive LLC
Warranty Deed
$460,000 · Western National Bank
Jul 6, 2005
—
7118 W Frier Drive LLC
Burns Kelly & Julie Trust
Warranty Deed
related
—
May 12, 2005
$332,555
Sage Brush Investors LLC
Olson,stewart S & Charleen J
Warranty Deed
$1,493,000 · Valley First Community Bank
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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