Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,910,000
Outlet malls
7430 Bell Rd Glendale, AZ 85308-8525
Entity Owned
~
Est. High Equity
Property ID
US07-0661836
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1995
Construction
CONCRETE
Total area
30,265 SF
Lot
2.98 ac (129,765 SF)
Zoning code
PAD
APN
200-44-001W
UPID
US07-0661836
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
-
ToysRUs Arcade & Gaming Center Electronics & Wireless Store
-
Bob's Discount Furniture and Mattress Store Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.37M
Comparable Approach
Comparable
$7.19M
Blend (final)
Blend
$6.91M
Owner & transaction history
Grae La Sierra LLC
Grae La Sierra LLC
since 2025
Last sale
$6.6M
6 recorded transactions
Zoning & alternative use
PAD · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.3M
+15.4%
Neighborhood: shopping center
$8.7M
+8.7%
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
$8,720,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,815,000
6.5%
$5,370,000
7%
$4,985,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,045,000
Current use
COMMERCIAL (GENERAL)
$9,275,000
Change: +15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,745,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$6.91M
Range $6.22M – $7.60M · ±10% · vs last sale $6.63M (Nov 26 2025)
Last sale anchor
$6.63M
Nov 26 2025
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
$228 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$52,975
Tax year 2022
Assessed value
$778,751
Assessed 2024
Previous assessed
$719,933
+8.2% YoY
Effective rate
6.80%
On assessed value
Land market value
$2,311,600
Improvement market value
$2,408,100
Total market value
$4,719,700
Applied tax rate
970,700.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
30,265 SF
Lot
2.98 ac (129,765 SF)
Zoning code
PAD
APN
200-44-001W
UPID
US07-0661836
Jurisdiction
MARICOPA
Zoning & alternative use
PAD · Glendale, AZ
Zoning PAD · permitted uses
PAD · 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
RETAIL STORES Current
Est. value
$8.0M
COMMERCIAL (GENERAL)
Est. value
$9.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.98 ac
Current owner
From public records · entity-resolved
Grae La Sierra LLC
Entity
Mailing address
39497 N 105TH ST, SCOTTSDALE, AZ 85262-3311
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
Nov 26, 2025
$6,631,850
Grae La Sierra LLC
Cornerstone Ventures LLC
Warranty Deed
$3,750,000 · Standard Insurance Co
Feb 24, 2021
$7,090,300
Cornerstone Ventures LLC
Tru 2005 Re I LLC
Special Warranty Deed
—
Feb 24, 2021
—
Cornerstone Ventures LLC
Tru 2005 Re I LLC
Correction Deed
related
—
Feb 16, 2006
—
Tru 2005 Re I LLC
Toys R Us-delaware INC
Warranty Deed
—
Dec 18, 1997
$1,260,000
Weingarten Nostat INC
Arrowhead Festival L L C
Grant Deed
—
—
—
Sports Authority INC
—
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.
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?”
You own 7430 Bell Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
