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Property profile & analytics
OFF-MARKET
Estimated value
$2,985,000
Drive through restaurants
1525 Elliot Rd Tempe, AZ 85284-1012
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-2385065
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2013
Construction
STEEL FRAME
Total area
2,227 SF
Lot
1.17 ac (51,033 SF)
Zoning code
PCC-2
APN
301-54-969
UPID
US07-2385065
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
-
McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.99M
Owner & transaction history
Sw Seven LLC · 4 yrs held
Sw Seven LLC
since 2021
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
PCC-2 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The general PCC-2 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborhood, community or the metropolitan region. Residential uses may be allowed subject to a use permit for the purpose of revitalizing an existing commercial center.
Zone name
Planned Commercial Center General
General category
COMMERCIAL
Zone area
322.17 ac
Source
Realmo
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
$3,025,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.99M
Range $2.69M – $3.28M · ±10% · vs last sale $3.70M (Sep 28 2021)
Last sale anchor
$3.70M
Sep 28 2021
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
$1,340 / 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
$30,746
Tax year 2023
Assessed value
$376,017
Assessed 2024
Previous assessed
$330,752
+13.7% YoY
Effective rate
8.18%
On assessed value
Land market value
$1,451,900
Improvement market value
$826,990
Total market value
$2,278,890
Applied tax rate
281,600.0000
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
2013
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
2,227 SF
Lot
1.17 ac (51,033 SF)
Zoning code
PCC-2
APN
301-54-969
UPID
US07-2385065
Jurisdiction
MARICOPA
Zoning & alternative use
PCC-2 · Tempe, AZZoning PCC-2 · permitted uses
PCC-2 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The general PCC-2 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborhood, community or the metropolitan region. Residential uses may be allowed subject to a use permit for the purpose of revitalizing an existing commercial center.
Zone name
Planned Commercial Center General
General category
COMMERCIAL
Zone area
322.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2013
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Sw Seven LLC
Entity
Mailing address
PO BOX 182571, COLUMBUS, OH 43218-2571
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
$3,700,000
Sw Seven LLC
Aj 9huis Investments LLC
Special Warranty Deed
$1,700,000 · Umb Bank NA
Jun 8, 2020
—
Aj 9huis Investments LLC
Nyenhuis Fam Invs LLC
Grant Deed
—
Dec 4, 2019
—
Nyenhuis Fam Invs LLC
Investors-niki Unified II
Grant Deed
—
Dec 4, 2019
$3,341,000
Nyenhuis Family Investments
Investors-niki I Unified
Grant Deed
—
Jul 10, 2018
$26,100,000
Unified Investors-niki II L
Tpp 202 Elliot Plaza LLC
Grant Deed
$17,250,000 · Wells Fargo Bk
Dec 16, 2015
—
Tpp 202 Elliot Plaza LLC
Tpp Jv Maricopa LLC
Quit Claim Deed
related
$16,000,000 · Western Alliance 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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