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Property profile & analytics
FOR SALE
Turn key restaurants

34406 N Black Mountain Pkwy Cave Creek, AZ 85331

7,402 SF 1.22 ac lot Built 2007
Entity Owned ~ Est. High Equity
Property ID
US07-2675087
Property summary
AI-generated overview

This fully equipped, freestanding restaurant presents a unique investment opportunity in the thriving Cave Creek, Arizona market. The property, located at 34406 N Black Mountain Pkwy, boasts 6,608 square feet of interior space, complemented by a large covered patio area, perfect for expanding outdoor seating. Situated on a 1.22-acre lot (APN: 211-60-967), this C-2 zoned property offers significant potential for continued success. Built in 2007 and extensively renovated in 2021, the restaurant is in excellent condition and ready for immediate operation. Convenient access from Black Mountain Parkway is enhanced by cross-over easements with adjacent parcels. The property benefits from its location within a high-income, high-growth area, ensuring a strong customer base and promising future returns. This turnkey operation is ideal for an experienced restaurateur looking to establish or expand their business in a prime location. The property's size, modern amenities, and strategic location combine to create a compelling investment proposition. All necessary permits and zoning approvals are in place, simplifying the transition for the new owner. This is a rare opportunity to acquire a well-established restaurant in a desirable area with significant upside potential. Don't miss out on this exceptional offering.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction CONCRETE
Total area 7,402 SF
Lot 1.22 ac (53,303 SF)
Zoning code C-C
APN 211-60-967
UPID US07-2675087
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
  • Fat Willy's Carefree Hwy & Black Mountain Pkwy Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.04M
Owner & transaction history
As 3 Investments LLC
As 3 Investments LLC
since 2025
Last sale
$2.2M
7 recorded transactions
2025
$2.2M
2025
Price N/A
2022
Price N/A
2021
$1.8M
2012
Price N/A
2009
Price N/A
2006
Price N/A
Zoning & alternative use
C-C · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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