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Property profile & analytics
OFF-MARKET
Estimated value
$3,510,000
Turn key restaurants
1622 Stapley Dr, Mesa, AZ 85204-6610
Entity Owned
Free & Clear
Property ID
US07-2670998
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2001
Construction
STEEL FRAME
Total area
7,443 SF
Lot
1.65 ac (71,887 SF)
Zoning code
I-1
APN
139-11-090
UPID
US07-2670998
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
-
La Parrilla Suiza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.42M
Blend (final)
Blend
$3.51M
Owner & transaction history
Five Dragon LLC
Five Dragon LLC
since 2025
Last sale
$3.6M
5 recorded transactions
Zoning & alternative use
I-1 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.8M
+0.3%
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 Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa 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
$4,765,000
Current use
COMMERCIAL (GENERAL)
$4,775,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$3.51M
Range $3.16M – $3.86M · ±10% · vs last sale $3.55M (Jul 31 2025)
Last sale anchor
$3.55M
Jul 31 2025
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
$472 / 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
$28,916
Tax year 2023
Assessed value
$368,791
Assessed 2024
Previous assessed
$368,791
+0.0% YoY
Effective rate
7.84%
On assessed value
Land market value
$929,000
Improvement market value
$1,306,094
Total market value
$2,235,094
Applied tax rate
411,000.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
7,443 SF
Lot
1.65 ac (71,887 SF)
Zoning code
I-1
APN
139-11-090
UPID
US07-2670998
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Mesa, AZ
Zoning I-1 · permitted uses
I-1 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mesa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.8M
RESTAURANT Current
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
2001
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Five Dragon LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5550 E SPEEDWAY BLVD #180, TUCSON, AZ 85712
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
$3,550,000
Five Dragon LLC
International Restaurants II LLC
Special Warranty Deed
—
Oct 6, 2003
$1,600,000
Am Properties LLC
Txlc Development LP
Grant Deed
—
Oct 6, 2003
$2,260,000
International Restaurants II
Am Properties LLC
Grant Deed
$1,192,000 · Compass Bank
Jan 12, 2001
$1,131,640
Txlc Development LP
Swc 160 Stapley LLC
Grant Deed
$1,200,000 · Ffca Acquisition Corp
—
—
Restaurants L International II
—
Deed Of Trust
related
$454,000 · Business Development Finance
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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