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Property profile & analytics
OFF-MARKET
Commercial real estate
7405 New Riv Rd Glendale, AZ 85307-3803
Entity Owned
4-yr Hold
Free & Clear
Property ID
US07-1615630
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
STEEL FRAME
Total area
1,537 SF
Lot
3.43 ac (149,367 SF)
Zoning code
AG
APN
142-58-004K
UPID
US07-1615630
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
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
101 Distribution Center Owner LLC · 4 yrs held
101 Distribution Center Owner LLC
since 2022
Last sale
$52.0M
7 recorded transactions
Zoning & alternative use
AG · 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 2022Property tax & assessments
Tax year 2022
Tax billed
$3,929
Tax year 2022
Assessed value
$149,832
Assessed 2024
Previous assessed
$111,419
+34.5% YoY
Effective rate
2.62%
On assessed value
Land market value
$868,100
Improvement market value
$96,791
Total market value
$964,891
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,537 SF
Lot
3.43 ac (149,367 SF)
Zoning code
AG
APN
142-58-004K
UPID
US07-1615630
Jurisdiction
MARICOPA
Zoning & alternative use
AG · Glendale, AZZoning AG · permitted uses
AG · 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
1980
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
101 Distribution Center Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
225 SW COLUMBIA ST STE #700, PORTLAND, OR 97201-5852
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2022
$52,000,000
101 Distribution Center Owner LLC
7811 N Glen Harbor LLC
Special Warranty Deed
—
Jul 8, 2020
$666,468
7811 N Glen Harbor LLC
Mg Truck Parking LLC
Grant Deed
—
Feb 20, 2020
$372,276
Mg Truck Parking LLC
Kdgr LLC
Special Warranty Deed
—
Feb 20, 2020
—
Kdgr LLC
J & R Ltd
Grant Deed
related
—
Jul 19, 2013
—
Kdgr LLC
Jones,kimberly D
Quit Claim Deed
related
—
Jul 8, 1996
—
Rhonda J Bond
James & Renata Bond
Quit Claim Deed
related
—
Mar 3, 1994
—
James Bond
Bond
Quit Claim Deed
related
—
Dec 18, 1987
—
James Bond
Unknown
Grant Deed
related
—
—
—
Kimberly D Jones
—
Deed Of Trust
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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