Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7926 68th Ave Glendale, AZ 85303-1317
    Back to Search
    Property profile & analytics

    7926 68th Ave, Glendale, AZ 85303-1317

    View on Map
    • Industrial land
    • 0.45 lot acres
    Off-Market
    Property ID
    US07-0556137
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Steeds RV / Car Dealership

    Property Details for 7926 68th Ave

    Lot size
    0.45 lot acres
    Zone code
    M-2
    Property type
    Industrial land
    APN
    143-24-036
    APU
    14324036

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 6, 2022 — 7916 N 68th Avenue LLC — Deed · related $325k · Zb NA
    Sep 8, 2017 $480,000 7916 N 68th Avenue LLC Lautour,lisa A Trust Grant Deed $380k · Lautour Lisa A Trust (pt)
    Aug 18, 2017 — Lautour,lisa A Trust — Deed · related $6k · Sr85 LLC
    May 10, 2011 — Lautour Lisa A Trust Lautour,lisa A Quit Claim Deed · related —
    Oct 19, 1998 — William Lautour Fegley,erica L Quit Claim Deed · related —
    Aug 30, 1988 — Ave Pa 7916-68th — Deed Of Trust · related —
    Apr 5, 1988 — Vincent Blauvelt — Deed Of Trust · related —
    — — Lautour,lisa A Trust — Deed Of Trust · related $6k · Sr85 LLC
    — — Erica L Fegley — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.205
    Latitude
    33.5524
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,184
    $0.00
    $0.00
    $32,235
    -
    $214,900
    $0.00
    $214,900

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      6735 Frier Dr

      INDUSTRIAL - VACANT LAND
      6735 Frier Dr, Glendale, AZ 85303-1314
      View Details
    • Value Estimation by Request
      0.53 Acres

      7613 73rd Dr

      INDUSTRIAL - VACANT LAND
      7613 73rd Dr, Glendale, AZ 85303-1614
      View Details
    • Value Estimation by Request
      0.82 Acres

      7085 Northern Ave

      INDUSTRIAL - VACANT LAND
      7085 Northern Ave, Glendale, AZ 85303
      View Details
    • Value Estimation by Request
      0.50 Acres

      6803 Frier Dr

      INDUSTRIAL - VACANT LAND
      6803 Frier Dr, Glendale, AZ 85303-1312
      View Details
    • Value Estimation
      $2,345,000
      0.92 Acres

      7102 Augusta Ave

      INDUSTRIAL - VACANT LAND
      7102 Augusta Ave, Glendale, AZ 85303-1213
      View Details
    • Value Estimation by Request
      0.74 Acres

      7112 Orangewood Ave

      INDUSTRIAL - VACANT LAND
      7112 Orangewood Ave, Glendale, AZ 85303-1606
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Agua Fria River Bottom Land

      Raw land ideal for sand and gravel excavation.
      Swc Bethany Home Rd, Glendale, AZ 85303
      View Details
    • $315,000
      0.70 Acres

      Glendale Land with Animal Rights

      Large lot with animal rights, irrigation, and no HOA.
      7241 W Maryland Ave, Glendale, AZ 85303
      View Details
    • Contact for pricing
      1,941 SF

      Glendale Industrial Condo with Office

      Industrial condo with office space, convenient location, and modern amenities.
      7900 N 70Th Ave, Glendale, AZ 85303
      View Details
    • New
      $620,000
      Pending

      Glendale Multifamily Property For Sale

      Glendale multifamily property with strong cash flow and upside potential.
      6725 W Palmaire Ave, Glendale, AZ 85303
      View Details
    • Contact for pricing
      8,215 SF

      Glendale Warehouse with High Power

      8,215 SF warehouse featuring high power and cooling.
      7611 N 74Th Ave, Glendale, AZ 85303
      View Details
    • $1,200,000

      Automotive Property Near State Farm Stadium

      Automotive property with long-term lease and flexible zoning near stadium.
      7941 W Glendale Ave, Glendale, AZ 85303
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,191 SF

      Glendale Retail Space Available

      1,191 SF retail space in major Hispanic retail intersection.
      6702 W Camelback Rd, Glendale, AZ 85303
      View Details
    • Contact for pricing
      2,286 SF

      Retail Space in Glendale Center

      Retail space available in strong Fry's Grocery anchored center.
      6702-6710 W Bethany Home Rd, Glendale, AZ 85303
      View Details
    • Contact for pricing
      4,992 SF

      Retail Space at Major Intersection

      Retail space available at a high-traffic Glendale intersection.
      6730-6756 W Camelback Rd, Glendale, AZ 85303
      View Details
    • Contact for pricing
      2,800 SF

      Retail Pads with Drive-Thru Potential

      Improved retail pads available for ground lease or build-to-suit.
      5930 N 74Th Ln, Glendale, AZ 85303
      View Details
    • Contact for pricing
      1,890 SF

      Retail Pads with Drive-Thru Potential

      Improved retail pads available for ground lease or build-to-suit.
      7499 W Bethany Home Rd, Glendale, AZ 85303
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7926 68th Ave
    Glendale, AZ 85303-1317
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7926 68th Ave, Glendale, AZ, 85303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!