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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Turn key restaurants
1535 Es St Globe, AZ 85501-1475
Entity Owned
8-yr Hold
Free & Clear
Property ID
US07-1113819
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
STEEL FRAME
Total area
4,185 SF
Lot
0.68 ac (29,621 SF)
APN
205-15-045A
UPID
US07-1113819
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
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Feast Propertiese LLC · 8 yrs held
Feast Propertiese LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$730,000
+19.0%
Auto repair, garage
$620,000
+1.2%
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 Globe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Globe 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
$615,000
Current use
OFFICE BUILDING
$730,000
Change: +19% · Conversion: Moderate
AUTO REPAIR, GARAGE
$620,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$128 / 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
$5,781
Tax year 2023
Assessed value
$65,517
Assessed 2024
Previous assessed
$56,583
+15.8% YoY
Effective rate
8.82%
On assessed value
Assessed land
$4,455
Assessed improvement
$61,062
Land market value
$24,749
Improvement market value
$339,233
Total market value
$363,982
Applied tax rate
150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
4,185 SF
Lot
0.68 ac (29,621 SF)
APN
205-15-045A
UPID
US07-1113819
Jurisdiction
GILA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$615,000
OFFICE BUILDING
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$620,000
COMMERCIAL (GENERAL)
Est. value
$545,000
RESTAURANT Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1995
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Feast Propertiese LLC
Entity
Free & Clear · 8 yrs held
Mailing address
41760 IVY ST STE #201, MURRIETA, CA 92562-9416
Ownership since
2018
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
Apr 14, 2020
—
Feast Properties LLC
—
Deed
related
$23,175,000 · First Horizon Bk
Feb 28, 2019
—
Feast Properties LLC
—
Grant Deed
related
$15,175,000 · First Tn Bk
Jan 4, 2018
$650,000
Feast Propertiese LLC
Carrington,francis
Warranty Deed
—
Feb 2, 2004
$1,080,000
Francis Carrington
Sievert,tr
Grant Deed
—
—
—
Feast Properties LLC
—
Loan Modification
related
$23,175,000 · First Horizon Bk
—
—
Sievert Trust
—
Deed Of Trust
related
$695,000 · Money Store Commercial Mtg
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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