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Property profile & analytics
OFF-MARKET Estimated value $3,505,000
Retail space

9240 Northern Ave Glendale, AZ 85305-1126

8,124 SF 1.17 ac lot Built 2008
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-2658085
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction CONCRETE
Total area 8,124 SF
Lot 1.17 ac (50,787 SF)
Zoning code PAD
APN 142-55-522
UPID US07-2658085
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
Current use
Occupant on record · Public records
  • Twisted Cultures Yogurt Shop Grocery & Convenience Store Specialty Food Shop
  • Ponderosa Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.51M
Blend (final) Blend
$3.51M
Owner & transaction history
Phx Jds Development LLC · 9 yrs held
Phx Jds Development LLC
since 2016
3 recorded transactions
2016
$2.2M
2012
$1.1M
2007
$1.2M
Zoning & alternative use
PAD · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 This FAQ (Frequently Asked Questions) page provides answers to common questions relate to the Planning Division, such as zoning, setbacks,…

Zone name Planned Area Development
General category MIXED_USE
Zone area 10,579.77 ac
Top alternative use upside
Auto repair, garage $3.6M +64.8%
Office building $2.6M +20.4%
Commercial (general) $2.5M +15.4%
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