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Property profile & analytics
OFF-MARKET
Estimated value
$3,300,000
Drive through restaurants
3233 Peoria Ave Phoenix, AZ 85029-4614
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US07-3300973
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2023
Construction
STEEL FRAME
Total area
17,316 SF
Lot
2.36 ac (102,743 SF)
Zoning code
C-O
APN
149-15-135A
UPID
US07-3300973
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
-
Titus Information Systems, Inc. IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Advanced Pain Management - Dr. Brian Page D.O. Physician
-
Valley View Dental Pro Dental Office
-
Nancy K. Reyes, OTR Physician
-
Jill Kraus Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.50M
Blend (final)
Blend
$3.30M
Owner & transaction history
Benvenuti Family Limited Partnershi · 1 yrs held
Benvenuti Family Limited Partnershi
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C-O · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-O zone is intended to provide office use as an appropriate transition between intense commercial activities and nearby residential uses
Zone name
Restricted Commercial Office
General category
COMMERCIAL
Zone area
947.73 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10% · vs last sale $2.45M (Aug 30 2024)
Last sale anchor
$2.45M
Aug 30 2024
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
$191 / 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
$54,746
Tax year 2023
Assessed value
$309,100
Assessed 2024
Previous assessed
$940,712
-67.1% YoY
Effective rate
17.71%
On assessed value
Land market value
$1,341,200
Improvement market value
$532,136
Total market value
$1,873,336
Applied tax rate
61,300.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2023
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
17,316 SF
Lot
2.36 ac (102,743 SF)
Zoning code
C-O
APN
149-15-135A
UPID
US07-3300973
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Phoenix, AZZoning C-O · permitted uses
C-O · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-O zone is intended to provide office use as an appropriate transition between intense commercial activities and nearby residential uses
Zone name
Restricted Commercial Office
General category
COMMERCIAL
Zone area
947.73 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2023
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Benvenuti Family Limited Partnershi
Individual
Free & Clear · 1 yrs held
Mailing address
6900 E 2ND ST, SCOTTSDALE, AZ 85251-5305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 30, 2024
$2,452,830
Benvenuti Family Limited Partnershi
Simoncre Buddy III LLC
Special Warranty Deed
—
Dec 23, 2021
$2,255,000
Simoncre Buddy III LLC
Page Holdings LLC
Special Warranty Deed
$1,302,500 · Great Southern Bank
Oct 19, 2018
$2,050,000
Page Holdings LLC
Ben Fatto LP
Grant Deed
—
Oct 19, 2018
$1,242,800
Ben Fatto LP
Viel Gluck LP
Grant Deed
—
Jul 7, 2017
$16,118
Viel Gluck LP
Ben Fatto LP
Grant Deed
—
Jun 15, 2017
$1,211,483
Viel Gluck LP
Ben Fatto LP
Grant Deed
—
May 19, 2017
$411,475
Viel Gluck LP
Ben Fatto LP
Grant Deed
—
Apr 21, 2016
$133,933
Ben Fatto LP
Viel Gluck LP
Grant Deed
—
Apr 7, 2016
$1,088,023
Viel Gluck LP
Ben Fatto LP
Grant Deed
—
Dec 19, 2014
$438,126
Viel Gluck LP LP
Ben Fatto LP
Grant Deed
—
Nov 14, 2014
$22,194
Viel Gluck LP LP
Ben Fatto LP
Grant Deed
—
Jun 18, 2013
$392,571
Viel Gluck LP LP
Ben Fatto LP
Grant Deed
—
Apr 28, 2011
—
Ben Fatto LP
—
Deed Of Trust
related
$5,000,000 · First International Bank
Mar 6, 2009
$298,137
Ben Fatto
Viel Gluck
Grant Deed
—
May 12, 2006
—
Gluck Viel
Far Marel LLC
Grant Deed
—
Feb 27, 2006
—
Far Marel LLC
Mt Baldy
Grant Deed
—
Nov 18, 2005
$2,750,000
Baldy Mt
Gkw LLC
Grant Deed
—
Jun 10, 1998
$2,000,000
Gkw LLC
Josam Inv Co
Grant Deed
related
—
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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