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Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Drive through restaurants
5 Southern Ave Tempe, AZ 85282-5129
Trust Owned
8-yr Hold
Free & Clear
Property ID
US07-1152751
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1997
Construction
STEEL FRAME
Total area
3,079 SF
Lot
0.48 ac (20,825 SF)
Zoning code
C-G
APN
133-40-002P
UPID
US07-1152751
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
-
Christopher LLC Property Management Company
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.45M
Blend (final)
Blend
$3.11M
Owner & transaction history
Broatch Family Trust · 8 yrs held
Broatch Family Trust
since 2018
7 recorded transactions
Zoning & alternative use
C-G · Tempe, AZ
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 Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe 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
Alternative Use
Use
Estimation
RESTAURANT
$2,145,000
Current use
AUTO REPAIR, GARAGE
$2,115,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.11M
Range $2.79M – $3.42M · ±10%
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
$1,008 / 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
$16,125
Tax year 2023
Assessed value
$423,112
Assessed 2024
Previous assessed
$342,040
+23.7% YoY
Effective rate
3.81%
On assessed value
Land market value
$1,649,600
Improvement market value
$914,717
Total market value
$2,564,317
Applied tax rate
31,600.0000
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
1997
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
3,079 SF
Lot
0.48 ac (20,825 SF)
Zoning code
C-G
APN
133-40-002P
UPID
US07-1152751
Jurisdiction
MARICOPA
Zoning & alternative use
C-G · Tempe, AZZoning C-G · permitted uses
C-G · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
zoning and development code
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1997
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Broatch Family Trust
Trust
Free & Clear · 8 yrs held
Mailing address
4341 E THOMAS RD, PHOENIX, AZ 85018-7605
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2020
—
Kraf INC
—
Deed
related
$3,125,000 · National Bk/az
Jun 21, 2018
—
Broatch Family Disclaimer Trust
—
Loan Modification
related
$6,972,367 · National Bk/az
Apr 16, 2018
—
Broatch Family Trust
Broatch Family Trust
Quit Claim Deed
related
—
Mar 9, 2012
—
Broatch Family Trust
Broatch,ronald H & Annette L
Quit Claim Deed
related
—
Dec 14, 2010
—
Kraf INC
—
Deed Of Trust
related
$9,500,000 · National Bank Arizona
Apr 27, 2004
$10,000,000
Ec Valley Fair LLC
Carlson Real Estate Co
Grant Deed
$7,830,000 · Gmac Commercial Mortgage Corp
Aug 30, 1996
$460,000
Exchange Properties Corp
Carlson Real Estate Corp
Grant Deed
—
Jun 6, 1995
—
Carlson Real Estate Company
Carlson Realty Company
Quit Claim Deed
related
—
—
—
Ronald H Broatch
—
Deed Of Trust
related
—
—
—
Kraf INC
—
Deed Of Trust
related
$3,125,000 · National Bk/az
—
—
Ronald H Broatch
—
Deed Of Trust
related
$4,000,000 · National Bank Arizona
—
—
City Of Tempe
—
Deed Of Trust
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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