Entity Owned Property summary
This exceptional Glendale, AZ property, located at 7839 N 68th Ave, offers 3,979 square feet of versatile space ideal for a variety of uses. The fee-simple ownership includes a 18,360 sq ft lot, a Class A, two-story building constructed in 1985, and is zoned I2 (Heavy Industrial). The property boasts two units, currently 100% occupied, with two dock-high doors and ceiling heights ranging from 8.1 to 10 feet. Six parking spaces are available. The property features two separate offices, a welcoming lobby, private lavatories, ample storage, and expansive open work areas in the rear of each office. Two separate rear yards provide additional flexibility. The asking price is $950,000, with a 99% cap rate. This NNN lease property presents a significant investment opportunity in a prime industrial location. All information should be verified independently.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
f any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Glendale, AZf any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
f any accessory building or structure shall not exceed 50% of the building footprint of the principal building. Exception. This provision shall not apply to the following zoning districts: A-1, RR-45, C-3, B-P, M-1, and…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-2 in Glendale, AZ.
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