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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Drive through restaurants
1625 Mesquite Ave Lake Havasu City, AZ 86403-5646
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-1281306
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1991
Construction
CONCRETE
Total area
1,886 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C2
APN
107-08-009
UPID
US07-1281306
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
-
Tropical Smoothie Cafe Restaurant
-
Mudshark Pizza & Pasta Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$610k
Owner & transaction history
1625 Mesquite LLC · 2 yrs held
1625 Mesquite LLC
since 2024
7 recorded transactions
Zoning & alternative use
C2 · Lake Havasu City, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
City Laws Zoning Code PDF
Top alternative use upside
Auto repair, garage
$415,000
+0.4%
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 Lake Havasu City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Havasu City 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
$415,000
Current use
AUTO REPAIR, GARAGE
$415,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$323 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$5,245
Tax year 2020
Assessed value
$97,296
Assessed 2025
Previous assessed
$87,712
+10.9% YoY
Effective rate
5.39%
On assessed value
Land market value
$304,599
Improvement market value
$235,937
Total market value
$540,536
Applied tax rate
2,571.0000
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
1991
Construction
CONCRETE
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
1,886 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C2
APN
107-08-009
UPID
US07-1281306
Jurisdiction
MOHAVE
Zoning & alternative use
C2 · Lake Havasu City, AZZoning C2 · permitted uses
C2 · Lake Havasu City, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
City Laws Zoning Code PDF
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$415,000
AUTO REPAIR, GARAGE
Est. value
$415,000
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1991
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
1625 Mesquite LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
1625 Mesquite LLC
Palmieri Construction INC
Warranty Deed
$1,400,000 · Goldwater Bank NA
Jun 3, 2022
$700,000
Palmieri Construction INC
Scott A Stocking
Warranty Deed
$700,000 · Jon Zuccala
Nov 12, 2020
—
Scott A Stocking
—
Deed
related
$250,000 · Horizon Cmnty Bk
Dec 5, 2018
—
Scott Stocking
—
Deed
related
$150,000 · Horizon Cmnty Bk
Aug 20, 2018
—
Scott A Stocking
—
Deed
related
$50,000 · Horizon Cmnty Bk
Aug 16, 2018
—
Scott A Stocking
—
Grant Deed
related
$2,250,000 · Horizon Cmnty Bk
Jun 6, 2018
—
Scott Stocking
Mudshark Pizza INC
Grant Deed
related
—
Jun 5, 2018
—
Scott A Stocking
Scott A Stocking
Intrafamily Transfer
related
$500,000 · Horizon Community Bank INC
Mar 9, 2000
—
Scott Stocking
Mudshark Pizza INC
Grant Deed
related
—
Mar 6, 2000
—
Mudshark Pizza INC
Stocking,scott
Grant Deed
$150,000 · National Bank Of Nevada
—
—
Scott Stocking
—
Deed Of Trust
related
$150,000 · Horizon Cmnty Bk
—
—
Scott A Stocking
—
Deed Of Trust
related
$50,000 · Horizon Cmnty Bk
—
—
Scott A Stocking
—
Deed Of Trust
related
$250,000 · Horizon Cmnty Bk
—
—
Scott A Stocking
—
Deed Of Trust
related
$50,000 · Mohave State Bank
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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