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Property profile & analytics
OFF-MARKET
Estimated value
$11,425,000
Mobile home & RV parks
7200 43rd Ave, Glendale, AZ 85301-2248
Entity Owned
2-yr Hold
Property ID
US07-0687380
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1969
Construction
CONCRETE
Total area
2,160 SF
Lot
9.24 ac (402,494 SF)
Zoning code
R-4
APN
147-07-003A
UPID
US07-0687380
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
-
rio treasures building 2 Big Box & Wholesale Store
-
Royal Glen Mobile Home & RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.29M
Blend (final)
Blend
$11.43M
Owner & transaction history
Royal Glen Mhc LLC · 2 yrs held
Royal Glen Mhc LLC
since 2023
Last sale
$12.1M
4 recorded transactions
Zoning & alternative use
R-4 · 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
$15,565,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.43M
Range $10.28M – $12.57M · ±10% · vs last sale $12.07M (Nov 28 2023)
Last sale anchor
$12.07M
Nov 28 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
$5,289 / 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
$12,949
Tax year 2023
Assessed value
$287,390
Assessed 2024
Previous assessed
$231,250
+24.3% YoY
Effective rate
4.51%
On assessed value
Land market value
$2,254,200
Improvement market value
$619,697
Total market value
$2,873,897
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1969
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Buildings
2
Stories
1
Total area
2,160 SF
Lot
9.24 ac (402,494 SF)
Zoning code
R-4
APN
147-07-003A
UPID
US07-0687380
Jurisdiction
MARICOPA
Zoning & alternative use
R-4 · Glendale, AZ
Zoning R-4 · permitted uses
R-4 · 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
1969
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
9.24 ac
Current owner
From public records · entity-resolved
Royal Glen Mhc LLC
Entity
Mailing address
2081 N MARSHALL AVE, EL CAJON, CA 92020-1119
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2023
$12,070,000
Royal Glen Mhc LLC
Mar Mhp Royal Glen LLC
Special Warranty Deed
$5,353,000 · Berkadia Commercial Mortgage LLC
Feb 25, 2015
$2,350,000
Mar-mhp-royal Glen LLC
Royal Glen Mobile Hm Park
Grant Deed
$700,000 · Muller Investments LLC
Sep 29, 1994
—
Glen Mobile Home Park Royal
Osselaer
Quit Claim Deed
related
$410,000 · Caliber Bank
—
—
Dolores I Gokie
—
Deed Of Trust
related
$100,677 · Camilla Sanders
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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