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Property profile & analytics
OFF-MARKET
Estimated value
$2,270,000
Turn key restaurants
6729 57th Dr, Glendale, AZ 85301-3216
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0914540
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Construction
CONCRETE
Total area
5,355 SF
Lot
0.19 ac (8,400 SF)
Zoning code
I-1
APN
146-02-094A
UPID
US07-0914540
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
-
El Camaron Gigante Mariscos &Steakhouse Restaurant
-
The Horny Toad Restaurant
-
The Rose Room Wedding Service
-
Desert Rose Cigar Lounge and Club (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
Tht Food LLC · 4 yrs held
Tht Food LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
I-1 · Glendale, 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 Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale 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
$2,465,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.27M
Range $2.04M – $2.50M · ±10% · vs last sale $2.18M (Jan 25 2022)
Last sale anchor
$2.18M
Jan 25 2022
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
$424 / 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
$26,267
Tax year 2023
Assessed value
$269,759
Assessed 2024
Previous assessed
$230,860
+16.8% YoY
Effective rate
9.74%
On assessed value
Land market value
$74,200
Improvement market value
$1,560,700
Total market value
$1,634,900
Applied tax rate
400,700.0000
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
1961
Construction
CONCRETE
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Units
3
Total area
5,355 SF
Lot
0.19 ac (8,400 SF)
Zoning code
I-1
APN
146-02-094A
UPID
US07-0914540
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Glendale, AZ
Zoning I-1 · permitted uses
I-1 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Units
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Tht Food LLC
Entity
Mailing address
2580 N 143RD DR, GOODYEAR, AZ 85395-1455
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2022
$835,000
Tht Food LLC
Peteresa LLC
Special Warranty Deed
$400,000 · Peteresa Enterprises LLC
Jul 29, 2014
—
Prg Invs INC
Prg Invs INC
Quit Claim Deed
related
—
Jun 4, 2014
$325,000
Prg Investments INC
Rideout Properties LLC
Warranty Deed
—
Feb 5, 2013
$176,000
Rideout Properties LLC
Dhb Real Estate LLC
Grant Deed
—
Jun 14, 2012
$145,000
Dhb Real Estate LLC
Hubbard Jeffrey P
Trustees Deed
related
—
May 1, 2008
—
Carlson Family Trust
Carlson,robert E & Penny L
Quit Claim Deed
related
—
Mar 29, 2005
—
Carlson Trust
Carlson,robert E & Penny L
Quit Claim Deed
related
—
May 8, 1996
$125,000
Robert E Carlson
Taylor Family Trust
Grant Deed
$124,000 · Seller
—
—
Rideout Properties LLC
—
Deed Of Trust
related
$100,000 · Lee A & Olga D Breitenbach
—
—
Robert E Carlson
—
Deed Of Trust
related
$150,000 · Heritage Bank
—
—
Glendale Welding Co
—
Deed Of Trust
related
$134,000 · M & I Marshall & Isley Bank
—
—
Robert E Carlson
—
Deed Of Trust
related
$130,000 · M & I Marshall & Isley Bank
—
—
Robert E Carlson
—
Deed Of Trust
related
$155,000 · Desert Hills Bank
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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