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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Turn key restaurants
5644 Central Ave Phoenix, AZ 85040-3053
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-0635003
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1974
Construction
CONCRETE
Total area
2,964 SF
Lot
0.64 ac (27,819 SF)
Zoning code
C-C
APN
113-40-009
UPID
US07-0635003
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
-
Federico's Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Jen & Y Rentals LLC · 1 yrs held
Jen & Y Rentals LLC
since 2024
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
C-C · 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
$540,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $540k (Apr 30 2021)
Last sale anchor
$540k
Apr 30 2021
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
$182 / 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
$12,040
Tax year 2023
Assessed value
$110,270
Assessed 2024
Previous assessed
$87,567
+25.9% YoY
Effective rate
10.92%
On assessed value
Land market value
$323,700
Improvement market value
$344,600
Total market value
$668,300
Applied tax rate
661,300.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1974
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,964 SF
Lot
0.64 ac (27,819 SF)
Zoning code
C-C
APN
113-40-009
UPID
US07-0635003
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Phoenix, AZ
Zoning C-C · permitted uses
C-C · 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.
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Jen & Y Rentals LLC
Entity
Mailing address
5909 W SOUTHGATE CT, PHOENIX, AZ 85043-6588
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
—
Jen & Y Rentals LLC
5630 South Central LLC
Warranty Deed
$200,000 · Jpmorgan Chase Bank NA
Jul 11, 2024
—
5630 South Central LLC
Minerva Aranda
Warranty Deed
—
Apr 30, 2021
$540,000
Minerva Aranda
24 Broadway LLC
Warranty Deed
—
Feb 23, 2018
$1,154,250
24 Broadway LLC
Central Vista LLC
Grant Deed
$923,400 · Ibrahim LLC
Jul 21, 2010
—
Central Vista LLC
Ibrahim,bahjat
Grant Deed
related
—
Dec 4, 2009
$190,000
Bahjat Ibrahim
Jp Morgan Chase Bk
Grant Deed
—
Apr 22, 2009
—
Jp Morgan Chase Bk
Messing Jeffrey
Trustees Deed
related
—
Mar 25, 2005
—
Jose O Diaz
Lucero,maria B
Warranty Deed
related
—
Nov 3, 2000
$300,000
Maria B Lucero
Mcdonalds Corp
Grant Deed
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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