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Property profile & analytics
OFF-MARKET
Estimated value
$6,405,000
Office buildings
7960 70th Ave Glendale, AZ 85303
Entity Owned
~
Est. High Equity
Property ID
US07-0955772
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Total area
20,646 SF
Lot
1.1 ac (47,777 SF)
Zoning code
M-1
APN
143-24-062
UPID
US07-0955772
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.41M
Blend (final)
Blend
$6.41M
Owner & transaction history
Kptp60 LLC
Kptp60 LLC
since 2026
7 recorded transactions
Zoning & alternative use
M-1 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.0M
+36.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,610,000
Current use
AUTO REPAIR, GARAGE
$9,045,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,330,000
Change: -4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,965,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$5,485,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$6.41M
Range $5.76M – $7.05M · ±10%
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
$310 / 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
$64,158
Tax year 2023
Assessed value
$477,362
Assessed 2024
Previous assessed
$669,273
-28.7% YoY
Effective rate
13.44%
On assessed value
Land market value
$431,600
Improvement market value
$2,461,500
Total market value
$2,893,100
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2020
Heating
NONE
Stories
2
Total area
20,646 SF
Lot
1.1 ac (47,777 SF)
Zoning code
M-1
APN
143-24-062
UPID
US07-0955772
Jurisdiction
MARICOPA
Zoning & alternative use
M-1 · Glendale, AZ
Zoning M-1 · permitted uses
M-1 · 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
OFFICE BUILDING Current
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$9.0M
COMMERCIAL (GENERAL)
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
RETAIL STORES
Est. value
$5.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2020
Heating
NONE
Stories
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Kptp60 LLC
Entity
Mailing address
7901 N 70TH AVE, GLENDALE, AZ 85303-1300
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Kptp60 LLC
Kptp 09 LLC
Warranty Deed
—
Feb 18, 2020
—
Kptp 09 LLC
—
Deed
related
$5,500,000 · Wells Fargo Bank NA
Sep 22, 2017
$170,000
Kptp 09 LLC
Russell,family Trust
Warranty Deed
—
Sep 4, 1997
—
Russell Trust
Chester Russell
Quit Claim Deed
related
—
Sep 24, 1993
$1,450,000
Northern Avenue Industrial Eaton
Eaton
Grant Deed
related
—
Sep 21, 1993
—
Chester A Russell
Eaton Investment
Grant Deed
related
—
Jan 28, 1993
—
Eaton Investments INC
Transamerica Tit
Grant Deed
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.
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