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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Turn key restaurants
10995 99th Ave Peoria, AZ 85345-5405
Entity Owned
Absentee Owner
Free & Clear
Property ID
US07-2376880
Property summary
AI-generated overview
Grand Center Plaza, a 37,822 square foot retail center in Peoria, Arizona, presents a compelling value-add or redevelopment opportunity. Situated on a 149,677 square foot lot (approximately 3.5 acres) zoned C-2, this single-story property boasts 213 parking spaces, two points of ingress/egress, and excellent visibility with 600 feet of frontage along 99th Avenue, a major thoroughfare. Currently featuring a mix of tenants including a Mexican restaurant, dental office, and beauty salon, up to 6,668 square feet of space is available. The property includes multiple monument signs and easy access to Loop 101. Originally constructed in 1980, the center is undergoing renovations. The strong existing tenant mix, ample parking, and prominent location within a densely populated area (over 100,000 residents within a 3-mile radius) contribute to its significant potential. The property's current NOI is $210,838, with a pro-forma NOI of $417,233. APN: 142-52-395
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
CONCRETE
Total area
4,617 SF
Lot
0.38 ac (16,472 SF)
Zoning code
C-C
APN
142-52-396
UPID
US07-2376880
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
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.23M
Owner & transaction history
GRAND CENTER PLAZA LLC
GRAND CENTER PLAZA LLC
Zoning & alternative use
C-C · Peoria, AZ
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 Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10%
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
$265 / 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
$4,944
Tax year 2023
Assessed value
$76,395
Assessed 2024
Previous assessed
$66,385
+15.1% YoY
Effective rate
6.47%
On assessed value
Land market value
$155,500
Improvement market value
$307,500
Total market value
$463,000
Applied tax rate
111,208.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,617 SF
Lot
0.38 ac (16,472 SF)
Zoning code
C-C
APN
142-52-396
UPID
US07-2376880
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Peoria, AZZoning C-C · permitted uses
C-C · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 21 ZONING
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
GRAND CENTER PLAZA LLC
Entity
Free & Clear · 0 yrs held
Mailing address
13351 RIVERSIDE DR STE D, SHERMAN OAKS, CA 91423-2542
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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