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Property profile & analytics
FOR LEASE
Flex space
7230 N Glen Harbor Blvd, Glendale, AZ 85307
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1612004
For Lease
1 / 2
Contact for pricing
7230 N Glen Harbor Blvd, Glendale, AZ 85307
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2020
Total area
76,560 SF
Lot
9.47 ac (412,600 SF)
Zoning code
M-1
APN
142-59-005
UPID
US07-1612004
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
-
Employbridge Employment Agency
-
ResourceMFG Employment Agency
-
ProLogistix Employment Agency
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
Crp III Northern 101 Az LLC · 5 yrs held
Crp III Northern 101 Az LLC
since 2021
Last sale
$44.0M
7 recorded transactions
Zoning & alternative use
M-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
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
$112,883
Tax year 2023
Assessed value
$3,548,243
Assessed 2024
Previous assessed
$1,670,148
+112.5% YoY
Effective rate
3.18%
On assessed value
Land market value
$1,567,500
Improvement market value
$19,937,000
Total market value
$21,504,500
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Lease
Year built
2020
Heating
NONE
Buildings
2
Stories
1
Total area
76,560 SF
Lot
9.47 ac (412,600 SF)
Zoning code
M-1
APN
142-59-005
UPID
US07-1612004
Jurisdiction
MARICOPA
Zoning & alternative use
M-1 · Glendale, AZ
Zoning M-1 · permitted uses
M-1 · 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
2020
Heating
NONE
Stories
1
Buildings
2
Lot
9.47 ac
Current owner
From public records · entity-resolved
Crp III Northern 101 Az LLC
Entity
Mailing address
1200 N 52ND ST, PHOENIX, AZ 85008-3454
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
Crp III Northern 101 Az LLC
—
Deed
related
$38,312,000 · Zions Bancorporation NA
Apr 15, 2021
$44,000,000
Crp III Northern 101 Az LLC
Ghip Property LLC
Special Warranty Deed
$33,100,000 · Bank Of America NA
Nov 22, 2019
$722,020
Ghip Property LLC
Air Park LLC
Grant Deed
—
Nov 22, 2019
$722,050
Ghip Property LLC
Glen Harbor LLC
Grant Deed
—
Nov 22, 2019
—
Glen Harbor Holdings LLC
Air Park LLC
Grant Deed
related
—
Nov 3, 2000
$1,650,000
Air Park LLC
Mts Acquisitions LLC
Grant Deed
—
Aug 6, 1999
$4,866,100
M T S Acquisitions LLC
Fortune America Investment Lt
Grant Deed
—
Jul 14, 1998
$6,500,000
Fortune America Inv Ltd
Q V Properties Corp
Grant Deed
—
Dec 24, 1997
$6,500,000
Q V Properties Corp
Glen Associates L L C
Grant Deed
$1,100,000 · Applied Action Ltd
Mar 26, 1996
$4,772,115
Glen Harbor Associates L L C
Glen Harbor Joint Venture
Grant Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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