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Property profile

1615 Bell Rd Phoenix, AZ 85023

OFF-MARKET
Drive through restaurants
Property ID
US07-2499343
3,178 SF 1 ac lot Built 2018
Last sale Jan 2022 · $2,110,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a ground-leased restaurant building configured for a quick-service restaurant use. It is located in a Phoenix retail trade area near major traffic corridors, with adjacency to a Sam’s Club shopping center and proximity to Interstate 17 (a primary north–south route through Phoenix). The site is positioned along W Bell Road, with reported daily traffic volumes exceeding 38,000 vehicles per day, and Interstate 17 reported traffic volumes exceeding 206,000 vehicles per day. Nearby…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value · 2024$342k
Effective rate5.72%

Value estimate

· Oct 2026
$2.18M
$1.96M – $2.39M
Submarket $/SF estimate$2.63M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$260 – $828
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wid...
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 agency49.9
Law Firm38.3
Dental Office35.2

Location

1615 Bell Rd Phoenix, AZ 85023-3469
County assessor Recorded deeds · 2 transfers 10 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2400 Bell, Phoenix, AZ 85023-3204 $1,300,000 Apr 2023 3,688 SF
1855 Greenway, Phoenix, AZ 85023-3475 $2,100,000 Dec 2022 2,440 SF
660 Bell, Phoenix, AZ 85023-7932 $2,950,000 Dec 2022 2,922 SF
1614 Bell, Phoenix, AZ 85023-3412 $689,000 May 2021 3,252 SF
1875 Greenway, Phoenix, AZ 85023-3473 $1,780,000 Nov 2020 4,718 SF
2446 Bell, Phoenix, AZ 85023 $3,750,000 Dec 2018 4,500 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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