MakeMe Estimate: $156M (estimated market value), with a likely range of $124M to $185M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $133,996,100 times a 1.16 market ratio, measured from 422 single-tenant industrial sales across the county within a 3,891-sale countywide calibration (since 2022-01, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: parcel-level comparable support is thin; treat the estimate as a starting point. Recent sale check: this building sold for $128,100,000 in 2024; the estimate is about 21% apart. Treat the recorded trade as strong evidence alongside the model.
Comparable sales
No nearby verified sales clear our evidence bar for this building right now. We show only real arm's-length sales inside the market's $/SF integrity band, never junk transfers.
Last sold: 2024-07-01 for $128,100,000 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-07-01: $128,100,000 from The Cubes at Glendale Building B LLC to Comref Glendale LLC, rec. 240379552
Source: Maricopa County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per Maricopa County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $786,222 (2022) to $133,996,100 (2027), up 16943% over 5 years, per county tax rolls. The 2027 roll splits $133,996,100 into $17,000,100 land and $116,996,000 improvements.