Realmo Analytics

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Property profile

21611 26th Ave Phoenix, AZ 85027

OFF-MARKET
Turn key restaurants
Property ID
US07-0968753
9,606 SF 3.44 ac lot Built 1997
Last sale Aug 2023 · $4,810,215
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a restaurant building totaling 9,702 square feet located at 21611 N 26th Avenue in Phoenix, Arizona. The site is improved as a leased commercial facility structured under a triple-net (NNN) lease arrangement, with a primary lease term that has more than 14 years remaining and includes periodic rent escalations during the base term. The lease structure also provides for multiple renewal opportunities, including several 5-year extension options and additional 5-year options determined at fair market value.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value · 2024$427k
Effective rate8.75%

Value estimate

· Oct 2026
$5.72M
$5.14M – $6.29M
Submarket $/SF estimate$4.04M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$260 – $828
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-1
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.1
Dental Office27.1
Law Firm20.8

Location

21611 26th Ave Phoenix, AZ 85027-2496
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18630 19th, Phoenix, AZ 85027-5354 $2,100,000 Mar 2026 6,912 SF
23550 23rd, Phoenix, AZ 85027-1001 $2,020,000 Jan 2022 10,624 SF
3431 Un Hls, Phoenix, AZ 85027-4898 $133,000 Oct 2021 13,968 SF
3063 Agua Fria, Phoenix, AZ 85027-3926 $3,350,000 Oct 2021 12,926 SF
3440 Deer Vly, Phoenix, AZ 85027-2258 $3,000,000 Jan 2021 15,081 SF
1115 Deer Vly, Phoenix, AZ 85027-2164 $1,640,000 Nov 2020 13,704 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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