Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1909 Thunderbird Rd Phoenix, AZ 85023-6310

    • Turn key restaurants
    • 4,880 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $1,185,000
    Last Sale
    Aug 14, 2023
    $1,066,000
    Location Intelligence
    Property ID
    US07-0606244
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grace South Indian Cuisine / Indian Restaurant / Restaurant

    Property Details for 1909 Thunderbird Rd

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.43 lot acres
    Property size
    4,880 SF
    Zone code
    C-C
    Property type
    Turn key restaurants
    APN
    149-58-067
    APU
    14958067

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,060,000
      6.5%
      $1,035,000
      7%
      $1,040,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $960,000
      Geo Method
      $930,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,235,000
      Retail
      $975,000
      Mixed-Use
      $1,200,000
      Hospitality
      $1,195,000
      Educational
      $985,000
      Residential Income
      $925,000
      Energy
      $970,000
      Income-Based Land
      $1,125,000
      Food Service
      $1,145,000

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.101
    Latitude
    33.6107
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,514
    $0.00
    $0.00
    $119,560
    -
    $327,500
    $397,109
    $724,609

    Comparable in this City

    • Value Estimation by Request
      6,782 SF

      1722 Tierra Buena Ln

      RESTAURANT • 6,782 SF
      1722 Tierra Buena Ln, Phoenix, AZ 85023-3423
      View Details
    • Value Estimation by Request
      1,708 SF

      2516 Bell Rd

      RESTAURANT • 1,708 SF
      2516 Bell Rd, Phoenix, AZ 85023-3101
      View Details
    • Value Estimation by Request
      4,579 SF

      1920 Bell Rd

      RESTAURANT • 4,579 SF
      1920 Bell Rd, Phoenix, AZ 85023-3302
      View Details
    • Value Estimation
      $410,000
      3,798 SF

      1546 Bell Rd

      RESTAURANT • 3,798 SF
      1546 Bell Rd, Phoenix, AZ 85023-3455
      View Details
    • Value Estimation by Request
      7,173 SF

      1111 Bell Rd

      RESTAURANT • 7,173 SF
      1111 Bell Rd, Phoenix, AZ 85023-3516
      View Details
    • Value Estimation by Request
      6,153 SF

      330 Bell Rd

      RESTAURANT • 6,153 SF
      330 Bell Rd, Phoenix, AZ 85023-3503
      View Details

    Similar Nearby for Sale

    • $949,500
      3,798 SF

      Prime Phoenix Retail Pad - Bell Road

      Freestanding building, high visibility, seller financing.
      1546 Bell Rd, Phoenix, AZ 85023
      View Details
    • $399,000
      1.25 Acres

      Moon Valley Land with Views

      Prime 1.25 acre lot in guard-gated Corral Gables community.
      15026 N 15Th Dr, Phoenix, AZ 85023
      View Details
    • $34,085,126

      Phoenix Land Parcel For Sale

      Land parcel available in Phoenix, Arizona.
      1656 W Tierra Buena Ln, Phoenix, AZ 85023
      View Details
    • $999,000
      26.25 Acres

      Prime Phoenix Commercial Land

      26.25 Acres, Development Opportunity
      19th Ave & Thunderbird Rd, Phoenix, AZ 85023
      View Details
    • $630,000

      Phoenix Multifamily Investment Opportunity

      North Phoenix multifamily property with value-add potential and expansion possibilities.
      1925 W Village Dr, Phoenix, AZ 85023
      View Details
    • $499,000
      1.37 Acres

      Phoenix Land with Mountain Views

      Two adjacent lots totaling 1.37 acres in gated community.
      14802 And 7 Dr, Phoenix, AZ 85023
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      4,225 SF

      Restaurant Space Available For Rent

      Second generation restaurant space available in a hard corner location.
      15414 N 19Th Ave, Phoenix, AZ 85023
      View Details
    • Contact for pricing
      2,150 SF

      Retail Space Near Bell Road

      Retail space available near Bell Road in Phoenix, Arizona.
      1838 W Bell Rd, Phoenix, AZ 85023
      View Details
    • Contact for pricing
      98,701 SF

      Union Plaza Retail Center

      Phoenix Retail Space Available
      18402 19Th Ave, Phoenix, AZ 85023
      View Details
    • $16 SF/Yr
      14,320 SF

      Phoenix Retail Space - Bell Plaza

      1,720 SF Retail Space, End Cap, Phoenix
      1728 Bell Rd, Phoenix, AZ 85023
      View Details
    • Contact for pricing
      71,050 SF

      Deer Valley Plaza Retail Shops

      Phoenix Retail Spaces Available Now
      0 19Th Ave, Phoenix, AZ 85023
      View Details
    • Contact for pricing
      1,088 SF

      Retail Space Near I-17

      Retail space with high traffic near I-17 and Loop 101.
      17220 N 19Th Ave, Phoenix, AZ 85023
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1909 Thunderbird Rd
    Phoenix, AZ 85023-6310
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.