MakeMe Estimate: $4.87M (estimated market value), with a likely range of $3.89M to $5.78M (half of recent verified sales in this segment landed inside that range). Computed as the county's full cash value of $3,541,631 times a 1.38 market ratio, measured from 105 retail sales in Glendale within a 3,891-sale countywide calibration (since 2022-01, through 2026-06-29). Not an appraisal. How this estimate works.
lower confidence: 8 comparable sales within 3 miles; nearest 0.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $3,234,550 in 2025; the estimate is about 51% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 29% above the $299.30/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 8 nearby verified sales are shown. 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: 2025-11-01 for $3,234,550 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-11-01: $3,234,550 from Dos Compadres Associates to Teakwood Glendale DT LLC, rec. 260012854
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 $2,601,400 (2022) to $3,541,631 (2027), up 36% over 5 years, per county tax rolls. The 2027 roll splits $3,541,631 into $1,334,300 land and $2,207,331 improvements.