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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Turn key restaurants
6823 Cave Crk Rd Cave Creek, AZ 85331-8614
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-1807086
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Construction
STEEL FRAME
Total area
3,121 SF
Lot
1.8 ac (78,429 SF)
Zoning code
C-T
APN
216-07-102
UPID
US07-1807086
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
-
Buffalo Chip Saloon and Steakhouse Restaurant
-
Church at the Chip Church
-
Premium Garage Door Repair Service Cave Creek Building Supply General Contractor
-
Aurora Garage Door Repairs Hardware & Home Improvement General Contractor
-
ecclesia Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.87M
Blend (final)
Blend
$2.81M
Owner & transaction history
Ride For The Brand LLC · 3 yrs held
Ride For The Brand LLC
since 2023
2 recorded transactions
Zoning & alternative use
C-T · Cave Creek, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+40.8%
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 Cave Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cave Creek 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,780,000
Current use
COMMERCIAL (GENERAL)
$2,505,000
Change: +41% · Conversion: Easy
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±10%
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
$900 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$12,677
Tax year 2022
Assessed value
$386,258
Assessed 2024
Previous assessed
$373,456
+3.4% YoY
Effective rate
3.28%
On assessed value
Land market value
$1,291,200
Improvement market value
$1,049,755
Total market value
$2,340,955
Applied tax rate
932,200.0000
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
2016
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
3,121 SF
Lot
1.8 ac (78,429 SF)
Zoning code
C-T
APN
216-07-102
UPID
US07-1807086
Jurisdiction
MARICOPA
Zoning & alternative use
C-T · Cave Creek, AZ
Zoning C-T · permitted uses
C-T · Cave Creek, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cave Creek. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Ride For The Brand LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6823 E CAVE CRK RD, CAVE CREEK, AZ 85331-8614
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
—
Ride For The Brand LLC
Cowpunchers Smokehouse & Saloon LLC
Warranty Deed
—
Apr 8, 2014
—
Town Of Cave Creek
Wendt,larry
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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