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Property profile & analytics
OFF-MARKET Estimated value $5,690,000
Turn key restaurants

16845 84th Ave Peoria, AZ 85382-4716

9,606 SF 2.51 ac lot Built 1997
Individually Owned 2-yr Hold Free & Clear
Property ID
US07-1169956
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1997
Construction STEEL FRAME
Total area 9,606 SF
Lot 2.51 ac (109,192 SF)
Zoning code PAD
APN 200-54-926
UPID US07-1169956
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
  • Cracker Barrel Old Country Store Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.18M
Blend (final) Blend
$5.69M
Owner & transaction history
Michael Stoebner · 2 yrs held
Michael Stoebner
since 2023
Last sale
$5.4M
7 recorded transactions
2023
$5.4M
2023
Price N/A
2022
Price N/A
2020
$38,250
2020
$3.8M
2000
$2.5M
2000
$69,690
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 $6.7M +22.1%
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