Property profile

14 Vernon Ave Phoenix, AZ 85003

OFF-MARKET
Turn key restaurants
Property ID
US07-1395589
2,975 SF 0.2 ac lot Built 1943
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1943
Construction CONCRETE
Total area 2,975 SF
Lot 0.2 ac (8,497 SF)
Zoning code M-H
APN 118-48-076
UPID US07-1395589

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

14 Vernon Ave Phoenix, AZ 85003-1039
Phoenix metro Census 111800 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.38M

Owner & transaction history

since 2015
7 recorded transactions
2015
$1.3M
2011
$550,000
2008
Price N/A
2008
Price N/A
2001
Price N/A
1993
Price N/A
1969
Price N/A

Zoning & alternative use

M-H · Phoenix, AZ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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