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10434 Jomax Rd 101 Scottsdale, AZ 85262-6064

OFF-MARKET Office buildings Google Maps
4,220 SF 0.1 ac lot Built 2004
Entity Owned ~ Est. High Equity
Estimated value (blended)
$475k
Range $428k – $523k (±10%)
Property ID US07-1068020

Property summary

AI-generated overview

This exceptional Class A, 4,662 square foot restaurant is available for $1,750,000. Located at 10434 E Jomax Road in Scottsdale, Arizona's 85262 zip code, this turnkey operation sits on a 6,000 square foot lot and boasts a desirable C-2 zoning. Built in 2005, the property features a grand bar area, an exquisite temperature-controlled wine cellar, and inviting dining rooms. An outdoor patio with its own bar provides additional seating, perfect for enjoying the pleasant Scottsdale weather. All equipment, appliances, small wares, and cookware are included in the asking price of $375.38 per square foot. This NNN-leased, vacant property is an owner/user investment opportunity situated in prestigious North Scottsdale, surrounded by renowned golf courses and a high net worth population. The area is experiencing significant growth, with 256 new homes currently under construction. The median home price exceeds $1.1 million, and the average household income is $163,000, indicating a strong and affluent customer base. This location offers a unique blend of luxury and natural beauty, providing an unparalleled dining experience in a serene desert setting, just beyond the city's bustling core. This is a rare opportunity to acquire a fully operational, high-quality restaurant in one of Scottsdale's most desirable neighborhoods.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction CONCRETE
Total area 4,220 SF
Lot 0.1 ac (4,220 SF)
Zoning code C-2
APN 216-80-145
UPID US07-1068020

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$475k

Owner & transaction history

since 2026
Last sale
$1.6M
5 recorded transactions
2026
$1.6M
2026
Price N/A
2016
Price N/A
2016
$1.1M
2012
$2.4M

Zoning & alternative use

C-2 · Scottsdale, AZ
Zoning description

R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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