MakeMe Estimate: $1.68M (estimated market value), with a likely range of $1.34M to $1.99M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $1,222,019 times a 1.38 market ratio, measured from 3891 verified arm's-length sale prices vs county values (retail sales in Glendale, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 5 comparable sales within 3 miles; nearest 0.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $2,100,000 in 2024; the estimate is about 20% apart. Treat the recorded trade as strong evidence alongside the model.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Glendale
median verified sale $299.30/SF over the trailing 24 months; 26 sales in the last 12 months and 52 in 24 (newest verified sale 2026-03); the middle 80% of recent sales traded at 0.76x to 2.69x their county full cash value, median 1.46x (52 sales with usable county values).
2022: $263.74/SF median (39 sales)
2023: $216.59/SF median (21 sales)
2024: $307.84/SF median (25 sales)
2025: $257.40/SF median (28 sales)
This estimate sits at 1.38x county full cash value, the 44th percentile of those recent sale premiums.
Computed from 406 verified arm's-length sales in Maricopa County public records (52 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2024-03-01 for $2,100,000 (recorded arm's-length sale).
Current ownership dates to 2024 (about 2 years) per recorded transfers.
2024-03-01: $2,100,000 from Balaji Properties LP to Egp Glendale Op II LLC, rec. 240132526
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 $1,178,109 (2026) to $1,222,019 (2027), up 4% over 1 years, per county tax rolls. The 2027 roll splits $1,222,019 into $785,300 land and $436,719 improvements.