Technical
Financial
Distress signals
Property profile

8607 59th Aved Glendale, AZ 85302

OFF-MARKET
Office buildings
Property ID
US07-1566861
5,060 SF 0.12 ac lot Built 1983
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Construction CONCRETE
Total area 5,060 SF
Lot 0.12 ac (5,060 SF)
Zoning code C-O
APN 148-17-104
UPID US07-1566861

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
  • Big Box & Wholesale Store
  • Physician Medical Clinic
  • Law Firm
  • Tax Preparation
  • Church

Location

8607 59th Aved Glendale, AZ 85302-5433
Glendale metro Census 92307 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.36M

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2017
$1.9M
2014
$800,000
2013
$865,000

Zoning & alternative use

C-O · Glendale, AZ
Zoning description

gle Family Residence) Use Standards - see Table 2.300-1 R-2, R-3, R-4, & R-5 (Multi-Family Residence) Use Standards - see Table 2.400-1 C-1, C-2, C-3, & PR (Commercial Development) Use Standards - see Table 2.500-1 R-O,…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $2.2M +36.9%

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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