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Property profile & analytics
OFF-MARKET
Bars & Pubs
2448 Grand Ave, Phoenix, AZ 85009-1804
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US07-2657673
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1944
Construction
CONCRETE
Total area
1,743 SF
Lot
0.22 ac (9,693 SF)
Zoning code
C-G
APN
110-41-004E
UPID
US07-2657673
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
-
JEWELZ BAR & GRILL 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
by Request
Owner & transaction history
Grand Avenue Bar & Grill Ll · 7 yrs held
Grand Avenue Bar & Grill Ll
since 2019
7 recorded transactions
Zoning & alternative use
C-G · Phoenix, 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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,585
Tax year 2023
Assessed value
$38,334
Assessed 2024
Previous assessed
$38,334
+0.0% YoY
Effective rate
9.35%
On assessed value
Land market value
$122,600
Improvement market value
$109,728
Total market value
$232,328
Applied tax rate
11,300.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1944
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
1,743 SF
Lot
0.22 ac (9,693 SF)
Zoning code
C-G
APN
110-41-004E
UPID
US07-2657673
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Phoenix, AZ
Zoning C-G · permitted uses
C-G · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1944
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Grand Avenue Bar & Grill Ll
Individual
Mailing address
4448 W LARKSPUR DR, GLENDALE, AZ 85304-2143
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
—
The Grand Avenue Bar And Grill LLC
—
Deed
related
$265,000 · Jdc Investments LLC
Mar 5, 2019
$340,000
Grand Avenue Bar & Grill Ll
Montes,kimberly M
Grant Deed
$260,000 · Kimberly M Montes
Jan 5, 2018
—
Kimberly M Montes
Montes,bernardo
Quit Claim Deed
related
—
Apr 25, 2017
—
Bernardo Montes
Gonzalez,maria
Warranty Deed
—
Jan 27, 2012
—
Maria Gonzalez
Montes,bernardo
Quit Claim Deed
related
—
Jun 30, 2011
$110,000
Bernardo Montes
Bayview Ln Svcg LLC
Grant Deed
—
Nov 22, 2010
—
Bayview Ln Svcg LLC
Security Title Agency INC
Trustees Deed
related
—
—
—
Grand & 24th LLC
—
Deed Of Trust
related
$542,500 · Metwest Commercial Lender
—
—
Grand & 24th LLC
—
Deed Of Trust
related
$347,679 · John M JR Kasson
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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