Property profile

5041 Thomas Rd Phoenix, AZ 85031

OFF-MARKET
Drive through restaurants
Property ID
US07-2938638
1,621 SF 0.62 ac lot Built 1980
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1980
Construction STEEL FRAME
Total area 1,621 SF
Lot 0.62 ac (26,877 SF)
Zoning code C-1
APN 103-19-005M
UPID US07-2938638

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
  • Restaurant
  • Hardware & Home Improvement Home Appliance Store

Location

5041 Thomas Rd Phoenix, AZ 85031
Phoenix metro Census 112302 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
$992k
Blend (final) Blend
$500k

Owner & transaction history

since 2019
7 recorded transactions
2023
Price N/A
2019
Price N/A
2019
$553,000
2017
$250,000
2015
$420,000
2008
$865,000
2007
Price N/A

Zoning & alternative use

C-1 · Phoenix, AZ
Zoning description

The purpose C-1 zone is to provide light neighborhood type retail and customer service uses designed to be compatible with each other and nearby residential districts

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.1M +30.4%

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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