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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Turn key restaurants
1639 Apache Blvd, Tempe, AZ 85281-5924
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-2746952
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1972
Construction
CONCRETE
Total area
2,858 SF
Lot
0.37 ac (16,000 SF)
Zoning code
C-G
APN
133-07-001
UPID
US07-2746952
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
-
Oasis Bakery & Cuisine Restaurant
-
Mandi House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Rafiq Almonsob · 4 yrs held
Rafiq Almonsob
since 2022
Last sale
$636,000
7 recorded transactions
Zoning & alternative use
C-G · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
$720,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $636k (Jan 21 2022)
Last sale anchor
$636k
Jan 21 2022
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
$233 / 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
$8,276
Tax year 2023
Assessed value
$161,581
Assessed 2024
Previous assessed
$141,627
+14.1% YoY
Effective rate
5.12%
On assessed value
Land market value
$633,600
Improvement market value
$345,676
Total market value
$979,276
Applied tax rate
31,600.0000
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
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,858 SF
Lot
0.37 ac (16,000 SF)
Zoning code
C-G
APN
133-07-001
UPID
US07-2746952
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Tempe, AZ
Zoning C-G · permitted uses
C-G · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Rafiq Almonsob
Individual
Mailing address
3836 E CONSTANCE WAY, PHOENIX, AZ 85042-7222
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
—
Rafiq Almonsob
Rafiq A Almonsob
Intrafamily Transfer
related
—
Oct 18, 2019
—
Rafiq A Almansob
—
Deed
related
$425,000 · Kcmi Cap INC
Aug 14, 2019
—
Rafiq A Almansob
—
Deed
related
$400,000 · Kcmi Cap INC
Jul 10, 2019
—
Saba M Almatri
—
Deed
related
$400,000 · Kcmi Cap INC
Apr 1, 2019
$575,000
Rafig A Almansob
Almatri,saba M
Warranty Deed
$400,000 · Kcmi Cap INC
Nov 30, 2016
$636,000
Saba M Almatri
Sadote,avner A
Warranty Deed
$600,000 · Avner A Sadote
Jun 3, 2009
$536,000
Sadote,avner A
Carlson Family Trust
Warranty Deed
$300,000 · Pcd Properties LLC
Apr 1, 2009
$250,072
Carlson Family Trust
Phoenix Settlement Svcs L
Trustees Deed
—
Jul 30, 2008
—
Ownby Technology LLC
—
Trustees Deed
related
$71,000 · Jeffrey Tregaskes
Jul 25, 2006
—
Ownby Technology LLC
Jorn Homes LLC
Quit Claim Deed
related
—
Nov 29, 2005
$800,000
Jorn Homes LLC
Rkc Funding LLC
Warranty Deed
$116,861 · Rkc Funding LLC
Aug 31, 2005
$460,000
Rkc Funding LLC
Firehouse Steak Broiler
Warranty Deed
$310,000 · Firehouse Steak Broiler INC
—
—
Saba M Almatri
—
Deed Of Trust
related
$400,000 · Kcmi Cap INC
—
—
Rafiq A Almansob
—
Deed Of Trust
related
$425,000 · Kcmi Cap INC
—
—
Rafiq A Almansob
—
Deed Of Trust
related
$400,000 · Kcmi Cap INC
—
—
Avner A Sadote
—
Loan Modification
related
$300,000 · Pcd Properties LLC
—
—
Ownby Technology LLC
—
Deed Of Trust
related
$180,000 · Carlson Family Trust (tr)
—
—
Jerry L Ownby JR.
—
Deed Of Trust
related
$71,000 · Jeffrey Tregaskes
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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