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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Flex space
7902 Gln Hbr Blvd, Glendale, AZ 85307-1816
Trust Owned
Free & Clear
Property ID
US07-0008361
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2008
Total area
36,254 SF
Lot
0.34 ac (14,879 SF)
APN
142-60-016
UPID
US07-0008361
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
-
Brenbecke Inc General Contractor Renovation Specialist
-
DIY Patio Cover Materials Construction Company General Contractor
-
T.H.T Machining, Inc. Industrial Manufacturer
-
Bulldog Security Screens Security Service
-
Booth Built Patio Products Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Gerlack Family Trust
Gerlack Family Trust
since 2026
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$925,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $925k (Mar 20 2024)
Last sale anchor
$925k
Mar 20 2024
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
$26 / 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
Tax billed
$14,527
Tax year 2023
Assessed value
$253,308
Assessed 2024
Previous assessed
$253,308
+0.0% YoY
Effective rate
5.73%
On assessed value
Land market value
$307,000
Improvement market value
$1,228,200
Total market value
$1,535,200
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
Off-Market
Year built
2008
Stories
1
Total area
36,254 SF
Lot
0.34 ac (14,879 SF)
APN
142-60-016
UPID
US07-0008361
Jurisdiction
MARICOPA
Zoning & alternative use
Zoning · permitted uses
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
2008
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Gerlack Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1031 N POPLAR CT, CHANDLER, AZ 85226-1208
Ownership since
2026
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
Jan 6, 2026
—
Gerlack Family Trust
Gay Gerlack
Deed
—
Dec 12, 2025
$12,200,000
Twr Glen Harbor LLC
Unrecorded Trust
Special Warranty Deed
—
Dec 3, 2025
—
Gerlack Family Trust
Gay Gerlack
Deed
—
Mar 20, 2024
$925,000
Hahn Properties LLC
Bron Az Business Properties LLC
Special Warranty Deed
$786,200 · Wells Fargo Bank NA
Jan 3, 2023
—
Moirai Holdings LLC
—
Deed
related
$400,000 · Midfirst Bank
Nov 15, 2022
—
Moirai Holdings LLC
—
Deed
related
$400,000 · Midfirst Bank
Aug 24, 2022
$425,250
Booth Fe LLC
Properties LLC
Deed
related
$387,000 · Pnc Bank NA
Mar 29, 2022
$425,250
Booth Fe LLC
Bron Az Business Properties LLC
Special Warranty Deed
$387,000 · Pnc Bank NA
Aug 6, 2021
$570,000
C Lanigan Az 1 LLC
Cv Air LLC
Special Warranty Deed
—
Dec 31, 2019
—
Moirai Holdings LLC
—
Deed
related
$665,925 · Midfirst Bank
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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