New search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Drive through restaurants
1052 Broadway Rd, Mesa, AZ 85210-8417
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-1741025
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1974
Construction
CONCRETE
Total area
1,476 SF
Lot
0.27 ac (11,800 SF)
Zoning code
I-1
APN
134-05-024F
UPID
US07-1741025
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
Current use
Occupant on record · Public records
-
Taquitos Jalisco Restaurant
-
Jalisco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$900k
Owner & transaction history
Villa Hidalgo Investments LLC · 1 yrs held
Villa Hidalgo Investments LLC
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
I-1 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$945,000
+0.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$945,000
Current use
COMMERCIAL (GENERAL)
$945,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jul 24 2024)
Last sale anchor
$900k
Jul 24 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$610 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,887
Tax year 2023
Assessed value
$60,975
Assessed 2024
Previous assessed
$47,889
+27.3% YoY
Effective rate
6.37%
On assessed value
Land market value
$222,600
Improvement market value
$146,947
Total market value
$369,547
Applied tax rate
41,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
1,476 SF
Lot
0.27 ac (11,800 SF)
Zoning code
I-1
APN
134-05-024F
UPID
US07-1741025
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Mesa, AZ
Zoning I-1 · permitted uses
I-1 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$945,000
RESTAURANT Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Villa Hidalgo Investments LLC
Entity
Mailing address
19539 W LOWR BUCKEYE RD, BUCKEYE, AZ 85326-5644
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2024
$900,000
Villa Hidalgo Investments LLC
Ex Sacrificium LLC
Special Warranty Deed
$675,000 · First Citizens Bank & Trust Co
May 16, 2019
—
Ex Sacrificium LLC
Resar Ruiz Family Ltd Liability Prt
Warranty Deed
$719,700 · First Citizens Bank & Trust Co
Jun 20, 2018
—
Resar Ruiz Fam Ltd Liability L
Ruiz Family Trust
Quit Claim Deed
related
—
Jan 18, 2018
—
Ruiz Family Trust
Ruiz,reynaldo G & Sara
Quit Claim Deed
related
—
Jul 29, 2016
—
Reynaldo G Ruiz
—
Deed
related
$843,000 · Gateway Commercial Bank
Oct 30, 1998
—
James G Lecheminat
Bogle,donald
Quit Claim Deed
related
—
Oct 30, 1998
$200,000
Ruiz,reynaldo G & Sara
Lecheminant,james G & Michelle D
Trustees Deed
$195,000 · Seller
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1052 Broadway Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
