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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Drive through restaurants
1336 University Dr Tempe, AZ 85281-3320
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US07-1238796
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2018
Construction
STEEL FRAME
Total area
1,560 SF
Lot
0.48 ac (20,827 SF)
Zoning code
CSS
APN
124-37-106F
UPID
US07-1238796
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
-
Taco Bell Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.18M
Owner & transaction history
Hualapai Investments INC · 8 yrs held
Hualapai Investments INC
since 2017
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
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
$1,085,000
Current use
AUTO REPAIR, GARAGE
$1,070,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±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
$756 / 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
$13,949
Tax year 2023
Assessed value
$152,467
Assessed 2024
Previous assessed
$129,064
+18.1% YoY
Effective rate
9.15%
On assessed value
Land market value
$154,300
Improvement market value
$769,745
Total market value
$924,045
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
2018
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,560 SF
Lot
0.48 ac (20,827 SF)
Zoning code
CSS
APN
124-37-106F
UPID
US07-1238796
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
2018
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Hualapai Investments INC
Entity
Mailing address
3845 N STOCKTON HL RD, KINGMAN, AZ 86409-3059
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2020
—
Hualapai Investments INC
—
Deed
related
$7,205,389 · First Fidelity Bk
Oct 5, 2018
—
Hualapai Investments INC
—
Deed
related
$1,832,000 · First Fidelity Bank
Aug 10, 2017
$1,000
Hualapai Investments INC
First Street Development LLC
Special Warranty Deed
$500,000 · First Fidelity Bank
Aug 10, 2017
$600,000
First Street Dev LLC
Hamblin,m Kay & Elaine Trust
Grant Deed
—
Oct 27, 1998
—
Hamblin Trust
Hamblin,m K
Quit Claim Deed
related
—
—
—
Hamblin,m Kay & Elaine Trust
—
Deed Of Trust
related
$300,000 · Western State Bank
—
—
Hualapai Investments INC
—
Loan Modification
related
$7,205,389 · First Fidelity Bk
—
—
Hualapai Investments INC
—
Loan Modification
related
$7,205,389 · First Fidelity Bk
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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