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Property profile & analytics
FOR SALE
Turn key restaurants
3567 W Northern Ave, Phoenix, AZ 85051
Entity Owned
~
Est. High Equity
Property ID
US07-0159309
For Sale
1 / 4
$1,340,000
3567 W Northern Ave, Phoenix, AZ 85051
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Construction
CONCRETE
Total area
4,685 SF
Lot
0.49 ac (21,257 SF)
Zoning code
C-C
APN
151-04-001P
UPID
US07-0159309
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.22M
Blend (final)
Blend
$1.34M
Owner & transaction history
Erdlo Investments LLC
Erdlo Investments LLC
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
C-C · 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
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
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.53M (Nov 26 2025)
Last sale anchor
$1.53M
Nov 26 2025
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
$286 / 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
$8,711
Tax year 2023
Assessed value
$122,795
Assessed 2024
Previous assessed
$97,988
+25.3% YoY
Effective rate
7.09%
On assessed value
Land market value
$396,900
Improvement market value
$347,313
Total market value
$744,213
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,685 SF
Lot
0.49 ac (21,257 SF)
Zoning code
C-C
APN
151-04-001P
UPID
US07-0159309
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZ
Zoning C-C · permitted uses
C-C · 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
1976
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
Erdlo Investments LLC
Entity
Mailing address
3567 W NORTHERN AVE, PHOENIX, AZ 85051-5800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
Erdlo Investments LLC
—
Deed
related
$1,032,994 · First Fidelity Bank
Dec 4, 2025
—
Erdlo Investments LLC
—
Deed
related
$723,096 · First Fidelity Bank
Nov 26, 2025
$1,525,000
Erdlo Investments LLC
Northern 35 Investments LLC
Warranty Deed
$1,032,994 · First Fidelity Bank
Mar 4, 2025
$1,265,000
Northern 35 Investments LLC
N & R Enterprises LLC
Special Warranty Deed
—
Sep 25, 2019
$650,000
N & R Enterprise LLC
Richard B Flucke
Special Warranty Deed
$487,500 · Gateway Commercial Bank
Apr 2, 2004
$1,300,000
Richard B Flucke
Jbs Restaurants INC
Grant Deed
related
$690,000 · Standard Insurance Co
Dec 19, 2000
—
Jbs Family Restaurant INC
—
Deed Of Trust
related
$8,025,000 · Textron Financial
Oct 7, 1988
$595,000
J B's Restaurant
—
Deed Of Trust
related
—
Sep 1, 1988
$595,000
Jb's Restaurants
Ellis
Grant Deed
—
—
—
Richard B Flucke
—
Deed Of Trust
related
$550,000 · Miscellaneous Ins Co
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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