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Property profile & analytics
OFF-MARKET
Estimated value
$1,840,000
Warehouses
7600 71st Ave Glendale, AZ 85303-1707
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-0129037
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
CONCRETE
Total area
12,782 SF
Lot
1 ac (43,733 SF)
Zoning code
I-1
APN
143-25-044
UPID
US07-0129037
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
-
BuyDirect Graphics (Bike/Boat/Book/etc) Store Printing Service
-
PermaRail - PermaCorp USA Powder Coating Service Fence Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.84M
Owner & transaction history
Bumble Bee Properties LLC · 5 yrs held
Bumble Bee Properties LLC
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
I-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+253.4%
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
$2,230,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,035,000
6.5%
$1,880,000
7%
$1,745,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,930,000
Change: +253% · Conversion: Difficult
Blend value · Realmo final
$1.84M
Range $1.66M – $2.02M · ±10% · vs last sale $1.53M (Nov 25 2020)
Last sale anchor
$1.53M
Nov 25 2020
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
$144 / 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
Assessed value
$337,425
Assessed 2024
Previous assessed
$284,410
+18.6% YoY
Land market value
$329,300
Improvement market value
$1,715,700
Total market value
$2,045,000
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
2005
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
12,782 SF
Lot
1 ac (43,733 SF)
Zoning code
I-1
APN
143-25-044
UPID
US07-0129037
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.9M
MEDICAL BUILDING
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
2005
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Bumble Bee Properties LLC
Entity
Mailing address
24034 N 80TH AVE, PEORIA, AZ 85383-1630
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
$1,525,000
Bumble Bee Properties LLC
Zwaney Properties LLC
Special Warranty Deed
$1,220,000 · Bbva USA
Oct 28, 2015
$1,195,000
Zwaney Properties LLC
Permacorp USA INC
Special Warranty Deed
$1,014,700 · Wells Fargo Bank NA
Apr 2, 2013
$1,042,000
Permacorp USA INC
7600 71st Avenue LLC
Grant Deed
$521,000 · 7600 71st Avenue LLC
Mar 31, 2005
—
7600 71st Avenue LLC
Alrahib,akrum
Warranty Deed
$880,000 · Bank Of America
Jan 31, 2005
$1,175,000
Akrum Alrahib
Glendale Orangewood Invtrs LLC
Grant Deed
$880,000 · Bank Of America
Oct 17, 2003
$107,250
Glendale Orangewood Investor
Westpark Productions LLC
Grant Deed
—
Feb 25, 2002
—
Westpark Prod
Blair Trust
Quit Claim Deed
related
—
Nov 13, 2000
—
Blair Trust
J & D Consulting/management In
Quit Claim Deed
related
—
Feb 12, 1999
—
J&d Consulting Management Psp
Blair Trust
Grant Deed
related
—
Nov 18, 1997
—
William L Blair
Buckeye 12 L L C
Grant Deed
related
—
Feb 28, 1997
$40,000
12 L L C Buckeye
William L Blair Trust
Grant Deed
—
Aug 6, 1990
$80,000
William L Blair
Tate
Grant Deed
—
—
—
Glendale Orangewood Invtrs LLC
—
Deed Of Trust
related
$700,000 · National Bank Arizona
—
—
Akrum Alrahib
—
Deed Of Trust
related
$400,000 · Martin Kerrins
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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