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Property profile & analytics
OFF-MARKET Estimated value $5,325,000
Turn key restaurants

16148 83rd Ave Peoria, AZ 85382-4790

6,926 SF 1.72 ac lot Built 2005
Entity Owned 22-yr Hold Free & Clear
Property ID
US07-1124848
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction STEEL FRAME
Total area 6,926 SF
Lot 1.72 ac (74,924 SF)
Zoning code PAD
APN 200-53-643
UPID US07-1124848
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
  • Famous Dave's Bar-B-Que Restaurant
  • Arizona Traditions Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.52M
Blend (final) Blend
$5.33M
Owner & transaction history
Leytanlor Peoria LP · 22 yrs held
Leytanlor Peoria LP
since 2004
5 recorded transactions
2017
Price N/A
2004
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 21-601. Planned Area Development (PAD). A. Intent. The Planned Area Development District (PAD) is intended to provide an alternative zoning district to the conventional zoning and development approaches and processes in the City of Peoria, Arizona in order that within this designated District the following goals may be achieved: 1. To enhance the City's…

Zone name Planned Area Development
General category INDUSTRIAL
Zone area 12,203.05 ac
Source Chapter 21 ZONING
Top alternative use upside
Retail stores $4.8M +22.1%
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