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Property profile & analytics
OFF-MARKET
Turn key restaurants
621 Riverside Dr Parker, AZ 85344-5100
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US07-0906800
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1975
Construction
STEEL FRAME
Total area
6,398 SF
Lot
0.52 ac (22,651 SF)
APN
311-23-047A
UPID
US07-0906800
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
-
Mayas' Restaurant & Sports Cantina Restaurant
-
Great American Drones Photography Service (Bike/Boat/Book/etc) Store
-
Parker Mail & Parcel Center Courier Service Postal Service
-
La Paz Title & Escrow Title Company
-
Record Nations Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Riverside Drive Parker LLC · 15 yrs held
Riverside Drive Parker LLC
since 2011
4 recorded transactions
Zoning & alternative use
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 Parker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parker 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,932
Tax year 2024
Assessed value
$518,093
Assessed 2024
Previous assessed
$518,093
+0.0% YoY
Effective rate
1.53%
On assessed value
Total market value
$562,062
Applied tax rate
2,760.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1975
Construction
STEEL FRAME
Heating
YES
Stories
1
Total area
6,398 SF
Lot
0.52 ac (22,651 SF)
APN
311-23-047A
UPID
US07-0906800
Jurisdiction
LA PAZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
YES
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Riverside Drive Parker LLC
Entity
Mailing address
16530 BAKE PKWY STE #200, IRVINE, CA 92618-4685
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2011
$330,000
Riverside Drive Parker LLC
Greens-parker LLC
Warranty Deed
$300,000 · Chop LLC
Nov 27, 2000
$360,000
Greens-parker LLC
Kutil,ron D & Kim L
Grant Deed
$142,406 · Seller
—
—
Greens Group INC
—
Deed Of Trust
$325,000 · Richard Le
—
—
Greens-parker LLC
—
Deed Of Trust
related
$415,000 · National Bank Arizona
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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