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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Bars & Pubs
4343 7th Ave, Phoenix, AZ 85013-2901
Entity Owned
2-yr Hold
Free & Clear
Property ID
US07-0530391
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1983
Construction
CONCRETE
Total area
2,576 SF
Lot
0.28 ac (12,230 SF)
Zoning code
C-2
APN
155-33-044C
UPID
US07-0530391
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
-
Stacy's at Melrose Nightclub
-
Gray's Grill @ Stacy's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$745k
Owner & transaction history
4343 N 7th Ave LLC · 2 yrs held
4343 N 7th Ave LLC
since 2024
Last sale
$747,000
6 recorded transactions
Zoning & alternative use
C-2 · 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
$745,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,040,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$755,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$665,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$660,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$650,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$595,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10% · vs last sale $747k (May 30 2024)
Last sale anchor
$747k
May 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
$289 / 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
$8,199
Tax year 2023
Assessed value
$79,322
Assessed 2024
Previous assessed
$79,322
+0.0% YoY
Effective rate
10.34%
On assessed value
Land market value
$285,500
Improvement market value
$195,239
Total market value
$480,739
Applied tax rate
81,300.0000
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
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,576 SF
Lot
0.28 ac (12,230 SF)
Zoning code
C-2
APN
155-33-044C
UPID
US07-0530391
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Phoenix, AZ
Zoning C-2 · permitted uses
C-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$755,000
MEDICAL BUILDING
Est. value
$665,000
OFFICE BUILDING
Est. value
$660,000
WAREHOUSE, STORAGE
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$595,000
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
4343 N 7th Ave LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4343 N 7TH AVE #200, PHOENIX, AZ 85013-2901
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
—
Chris Tong
—
Deed
related
$740,517 · Metropolitan Financial Corp
May 30, 2024
$747,000
4343 N 7th Ave LLC
We Re All We Need LLC
Special Warranty Deed
—
Sep 29, 2021
$850,000
Apollo Healthcare And Diagnostics L
Domain Properties LLC
Special Warranty Deed
—
Sep 27, 2016
—
Foundry Turney LLC
Domain Properties LLC
Quit Claim Deed
related
—
Feb 20, 2009
$400,000
Domain Properties LLC
Agee,william C & Josephine
Warranty Deed
$450,000 · William C & Josephine Agee
Jul 15, 1992
$324,961
F D K Enterprises INC
Park Fifth Ave L
Grant Deed
—
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.
Try Rey
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