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Property profile & analytics
OFF-MARKET Estimated value $18,235,000
Turn key restaurants

5101 Scottsdale Rd Scottsdale, AZ 85250-7003

15,110 SF 4.51 ac lot Built 1989
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US07-1555755
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction CONCRETE
Total area 15,110 SF
Lot 4.51 ac (196,368 SF)
Zoning code R-5
APN 173-23-010C
UPID US07-1555755
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
  • Straight Up Bar & Pub Nightclub
  • Hotel Adeline, Scottsdale, a Tribute Portfolio Hotel Hotel & Motel
  • Papi Chulo's Mexican Grill and Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.99M
Blend (final) Blend
$18.24M
Owner & transaction history
Redwood Place Scottsdale Ll · 9 yrs held
Redwood Place Scottsdale Ll
since 2016
7 recorded transactions
2022
Price N/A
2018
Price N/A
2016
$6.7M
2012
Price N/A
2005
$3.0M
1999
Price N/A
1969
Price N/A
Zoning & alternative use
R-5 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Patio Covers R-3 R-4 R-5 (PDF) Patio Covers R-4 (PDF) Permanent Living Purposes (PDF) PRC Gross Land Area (PDF) Pruning Vegetation In NAOS (PDF) R1-7 Non-Buildable Easement (PDF) R-5 Coffee service ancillary to Plant Nursery (PDF) Signs in SR Districts - Total Sign Area (PDF) Sign in the ROW and Public Property (PDF) Sports Courts Lighting - Setbacks (PDF) T…

Zone name Multiple Family Residential
General category RESIDENTIAL
Zone area 1,664.73 ac
Source Zoning Ordinance Interpretations
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