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Property profile & analytics
OFF-MARKET
Estimated value
$3,515,000
Drive through restaurants
1331 Scottsdale Rd Tempe, AZ 85288-1732
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0895814
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Total area
1,903 SF
Lot
0.14 ac (6,183 SF)
Zoning code
CSS
APN
132-12-001
UPID
US07-0895814
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
-
Del Taco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.52M
Owner & transaction history
James F Blakely · 4 yrs held
James F Blakely
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
CSS · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned CSS adjacent to residentially zoned properties are required a minimum ten (10) foot side yard setback on the side adjacent to the residentia…
Zone name
Commercial Shopping And Service
General category
COMMERCIAL
Zone area
420.54 ac
Source
zoning and development code
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$3,270,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.52M
Range $3.16M – $3.87M · ±10% · vs last sale $3.64M (Mar 24 2022)
Last sale anchor
$3.64M
Mar 24 2022
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
$1,847 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,828
Tax year 2022
Assessed value
$166,947
Assessed 2024
Previous assessed
$140,998
+18.4% YoY
Effective rate
7.08%
On assessed value
Land market value
$172,500
Improvement market value
$839,300
Total market value
$1,011,800
Applied tax rate
31,600.0000
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
2021
Heating
NONE
Stories
1
Total area
1,903 SF
Lot
0.14 ac (6,183 SF)
Zoning code
CSS
APN
132-12-001
UPID
US07-0895814
Jurisdiction
MARICOPA
Zoning & alternative use
CSS · Tempe, AZZoning CSS · permitted uses
CSS · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
balconies, pedestrian arcades, covered (non-enclosed) bicycle parking and similar architectural features placed on or in front of the street-facing side of the building are allowed within the setback. d Properties zoned CSS adjacent to residentially zoned properties are required a minimum ten (10) foot side yard setback on the side adjacent to the residential property. (U) Denotes use permit requirement in these Districts. Table 5-611B - T
Zone name
Commercial Shopping And Service
General category
COMMERCIAL
Zone area
420.54 ac
Source
zoning and development code
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
James F Blakely
Individual
Mailing address
630 WILLIAMS AVE, NATCHITOCHES, LA 71457-5106
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
$3,640,000
James F Blakely
Cai Investments Sub Series 310 LLC
Special Warranty Deed
—
Sep 21, 2021
—
Cai Investments Sub Series 310 LLC
—
Deed
related
$7,380,000 · Socotra Reit I LLC
Aug 28, 2019
$1,100,000
Cal Investments Sub Series
Oneten Rei 2 LLC
Grant Deed
—
Mar 21, 2017
$780,000
Oneten Rei 2 LLC
Vertex Investments LLC
Warranty Deed
$585,000 · Fncb Bank
Aug 28, 2013
$400,000
Vertex Investments LLC
Assbagh Mehr A A Trust
Warranty Deed
—
May 15, 2009
—
Ashkan Karimi
Karimi,hooshang
Quit Claim Deed
related
—
Mar 23, 1998
—
Assbagh Trust
Assbagh,mehr
Quit Claim Deed
related
—
Jul 13, 1993
—
P,m & D J Klauber Trust
Klauber Trust
Quit Claim Deed
related
—
Jul 2, 1993
—
P,m & D J Klauber Trust
Klauber Trust
Quit Claim Deed
related
—
Jul 2, 1993
$98,000
Dehdashti,mohsen & Mehrangiz A T
Klauber Trust
Trustees Deed
related
—
Jul 2, 1993
$22,700
City Of Tempe
Klauber Trust
Trustees Deed
related
—
Sep 6, 1989
$100,000
P M Klauber
—
Grant Deed
related
—
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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