Technical
Financial
Distress signals
Property profile

8045 51st Ave Glendale, AZ 85302

OFF-MARKET
Grocery and convenience stores
Property ID
US07-2249478
5,003 SF 1.75 ac lot Built 2021
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2021
Total area 5,003 SF
Lot 1.75 ac (76,248 SF)
Zoning code PAD
APN 148-12-003R
UPID US07-2249478

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union
  • Courier Service Postal Service
  • Gas Station

Location

8045 51st Ave Glendale, AZ 85302-6230
Glendale metro Census 92309 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.18M
Blend (final) Blend
$3.15M

Owner & transaction history

since 2011
1 recorded transaction
2011
$1.9M

Zoning & alternative use

PAD · Glendale, AZ
Zoning description

Review approved Planned Area Development (PAD) and Planned Residential Development (PRD) Plans. Contact Us Connect with Glendale’s Planning Division for expert guidance on development, zoning, and community planning. FAQ…

General category MIXED_USE
Top alternative use upside
Restaurant $4.5M +211.5%
Auto repair, garage $2.2M +51.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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