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Property profile & analytics
OFF-MARKET Estimated value $5,910,000
Turn key restaurants

16170 83rd Ave Peoria, AZ 85382-4790

7,570 SF 1.86 ac lot Built 2002
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US07-0164286
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Construction STEEL FRAME
Total area 7,570 SF
Lot 1.86 ac (80,927 SF)
Zoning code PAD
APN 200-53-641
UPID US07-0164286
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
  • P.F. Chang's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.12M
Blend (final) Blend
$5.91M
Owner & transaction history
Levine Investments LP · 15 yrs held
Levine Investments LP
since 2011
2 recorded transactions
2011
Price N/A
2004
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 $5.3M +22.1%
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