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Property profile & analytics
OFF-MARKET
Estimated value
$2,380,000
Drive through restaurants
1125 51st Ave Phoenix, AZ 85043-1708
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-0834434
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2016
Construction
STEEL FRAME
Total area
2,933 SF
Lot
1.02 ac (44,561 SF)
Zoning code
C-C
APN
103-32-507
UPID
US07-0834434
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
-
Jack in the Box Restaurant Take-out & Catering
-
Stine Enterprises Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.38M
Owner & transaction history
Zissis Koutsos · 10 yrs held
Zissis Koutsos
since 2016
7 recorded transactions
Zoning & alternative use
C-C · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Public/Zoning (MapServer)
Top alternative use upside
Commercial (general)
$2.0M
+30.4%
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
Alternative Use
Use
Estimation
RESTAURANT
$1,565,000
Current use
COMMERCIAL (GENERAL)
$2,045,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$2.38M
Range $2.14M – $2.62M · ±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
$811 / 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
$34,624
Tax year 2023
Assessed value
$269,438
Assessed 2024
Previous assessed
$228,123
+18.1% YoY
Effective rate
12.85%
On assessed value
Land market value
$534,700
Improvement market value
$1,098,255
Total market value
$1,632,955
Applied tax rate
51,300.0000
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
2016
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
2,933 SF
Lot
1.02 ac (44,561 SF)
Zoning code
C-C
APN
103-32-507
UPID
US07-0834434
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZZoning C-C · permitted uses
C-C · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Public/Zoning (MapServer)
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.0M
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
2016
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Zissis Koutsos
Individual
Free & Clear · 10 yrs held
Mailing address
3604 VIEWCREST DR, BURBANK, CA 91504-1859
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2019
—
Stine Ents 107 LLC
—
Grant Deed
related
$35,000,000 · Western Alliance Bk
Jul 25, 2016
—
Zissis Koutsos
Pwrei Roosevelt LLC
Re-recorded Document
related
—
May 2, 2016
$1,119,400
Koutsos Family Trust
Pwrei Roosevelt LLC
Cash Sale Deed
—
Aug 22, 2014
$310,000
Pwrei Roosevelt & 51st LLC
51 Capital LLC
Grant Deed
—
Sep 4, 2013
—
51 Capital LLC
Silver Creek LLC
Grant Deed
related
—
Aug 30, 2013
$205,000
Silver Creek LLC
51 Avenue LLC
Grant Deed
—
Feb 14, 2008
—
51 Avenue LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Pwrei Roosevelt & 51st LLC
—
Deed Of Trust
related
$15,000,000 · Wells Fargo Bk
—
—
51 Avenue LLC
—
Deed Of Trust
related
$4,392,178 · Community Bank Nevada
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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