Property profile

4235 Clarendon Ave Phoenix, AZ 85019

OFF-MARKET
Turn key restaurants
Property ID
US07-0895191
2,664 SF 1.18 ac lot Built 1972
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction CONCRETE
Total area 2,664 SF
Lot 1.18 ac (51,401 SF)
Zoning code A-1
APN 107-21-121
UPID US07-0895191

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Metal Fabrication Plant Recycling Center
  • Recycling Center Waste Management Facility
  • Auto Repair Shop

Location

4235 Clarendon Ave Phoenix, AZ 85019-3618
Phoenix metro Census 110100 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$2.16M

Owner & transaction history

since 2015
7 recorded transactions
2020
Price N/A
2016
Price N/A
2016
Price N/A
2015
$825,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $1.9M +30.4%
Office building $1.5M +7.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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