650 Scottsdale Rd Tempe, AZ 85288-2027
Property profile & analytics
650 Scottsdale Rd Tempe, AZ 85288-2027
- Turn key restaurants
- 5,037 SF
- 0.55 lot acres
Property ID
US07-2637059
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Macayo’s Mexican Food / Restaurant
Property Details for 650 Scottsdale Rd
- Year built
- 1997
- Lot size
- 0.55 lot acres
- Property size
- 5,037 SF
- Property type
- Turn key restaurants
- APN
- 132-22-037
- APU
- 13222037
Description
This exceptional 5,037 square foot restaurant space presents a unique opportunity for a discerning operator seeking a high-visibility location in the heart of Scottsdale. Located at 650 N Scottsdale Road, this single-tenant property boasts prime frontage on a major thoroughfare, experiencing exceptionally high daily traffic volume. With 45,838 vehicles passing daily on Scottsdale Road and an additional 236,477 vehicles on the nearby Loop 202 freeway, this location ensures maximum exposure to potential customers. The property is a former restaurant, offering a ready-to-customize space, eliminating the need for extensive build-out. The building's strategic position within a dense employment area further enhances its appeal. A substantial daytime workforce of 286,712 employees within a five-mile radius provides a large and readily accessible customer base. This turnkey opportunity combines high visibility, significant traffic counts, and a strong local workforce, making it an ideal location for a thriving restaurant business. The entire 5,037 square feet is currently vacant and available for immediate occupancy. The property is situated in Maricopa County. This is a rare chance to establish a successful restaurant in a highly desirable and well-trafficked area of Scottsdale.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,397,000
- AI Estimate
- $2,099,000
Market price range: $1.98M - $5.65MMarket price range: $1.27M - $4.51M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,510,000 Current use
- AUTO REPAIR, GARAGE
- $3,465,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.927
- Latitude
- 33.4353
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,000
$0.00
$0.00
$290,265
-
$1,092,200
$666,984
$1,759,184
