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Property profile & analytics
OFF-MARKET Estimated value $1,885,000
Drive through restaurants

11608 Olive Ave Peoria, AZ 85345-9229

2,199 SF 0.98 ac lot Built 2017
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-2535713
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Construction STEEL FRAME
Total area 2,199 SF
Lot 0.98 ac (42,504 SF)
Zoning code PAD
APN 501-45-684E
UPID US07-2535713
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
$1.95M
Blend (final) Blend
$1.89M
Owner & transaction history
A B Company & Family LLC · 8 yrs held
A B Company & Family LLC
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 21-601. Planned Area Development (PAD). A. Intent. The Planned Area Development District (PAD) is intended to provide an alternative zoning district to the conventional zoning and development approaches and processes in the City of Peoria, Arizona in order that within this designated District the following goals may be achieved: 1. To enhance the City's…

Zone name Planned Area Development
General category INDUSTRIAL
Zone area 12,203.05 ac
Source Chapter 21 ZONING
Top alternative use upside
Retail stores $1.5M +22.1%
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