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    OFF-MARKET
    Office buildings

    10434 Jomax Rd 101, Scottsdale, AZ 85262-6064

    4,220 SF 0.1 ac lot Built 2004
    Entity Owned ~ Est. High Equity
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sri Siddhamma LLC
    Sri Siddhamma LLC
    since 2026
    Last sale
    $1.6M
    5 recorded transactions
    2026
    $1.6M
    2026
    2016
    2016
    $1.1M
    2012
    $2.4M
    Zoning & alternative use
    C-2 · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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