Realmo Analytics

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Financial
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Property profile

9189 N 59Th Ave Glendale, AZ 85302

FOR LEASE
Strip malls
Property ID
US07-0825012
9,928 SF 0.85 ac lot Built 1998
Last sale Aug 2017 · $1,330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$251k
Effective rate8.45%

Value estimate

· Oct 2026
$1.27M
$1.14M – $1.39M
Submarket $/SF estimate$2.06M
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$15k
Operating expenses−$49k
NOI · 817,571.43% cap applied$114k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$122 – $460
Qualifying comparables3

Cap rate analysis

How does the asset earn?
817,571.43%
$114k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
The intent of the Neighborhood Commercial district is to address on a limited basis the needs of the surrounding residential development ...
General categoryCOMMERCIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency75.8
Restaurant52.1
Building Supply45.3

Location

9189 N 59Th Ave Glendale, AZ 85302
County assessor Recorded deeds · 10 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5102 Peoria Ave, Glendale, AZ 85302-1618 $1,500,000 Oct 2024 No data
5814 Olive Ave, Glendale, AZ 85302-3149 $5,500,000 Mar 2024 No data
5929 Peoria, Glendale, AZ 85302-1207 $4,100,000 Oct 2021 10,595 SF
8024 51st, Glendale, AZ 85302-6233 $5,000,000 Jul 2021 4,300 SF
6666 Peoria, Glendale, AZ 85302-7014 $6,300,000 Mar 2020 46,184 SF
5880 Peoria, Glendale, AZ 85302-1302 $14,800,000 Sep 2019 9,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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