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Property profile & analytics
OFF-MARKET
Estimated value
$8,880,000
Turn key restaurants
7017 Mcdowell Rd, Scottsdale, AZ 85257-3313
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-0834285
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Construction
CONCRETE
Total area
4,532 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C-3
APN
129-12-001P
UPID
US07-0834285
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
-
Hidden Gem Cafe & Coffee Shop
-
Papago Motor Hotel Hotel & Motel
-
Paramount Lodging Advisors Az Real Estate Agency
-
Papago Inn, An Ascend Hotel Collection Member Hotel & Motel
-
The Mariposa Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.69M
Blend (final)
Blend
$8.88M
Owner & transaction history
Papago Scottsdale LLC · 4 yrs held
Papago Scottsdale LLC
since 2022
Last sale
$8.5M
7 recorded transactions
Zoning & alternative use
C-3 · Scottsdale, 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 Scottsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsdale 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
$9,640,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.88M
Range $7.99M – $9.77M · ±10% · vs last sale $8.50M (May 31 2022)
Last sale anchor
$8.50M
May 31 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
$1,959 / 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
$22,769
Tax year 2023
Assessed value
$638,665
Assessed 2024
Previous assessed
$569,194
+12.2% YoY
Effective rate
3.57%
On assessed value
Land market value
$1,491,900
Improvement market value
$2,378,797
Total market value
$3,870,697
Applied tax rate
481,400.0000
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
1965
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
6
Stories
1
Units
56
Total area
4,532 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C-3
APN
129-12-001P
UPID
US07-0834285
Jurisdiction
MARICOPA
Zoning & alternative use
C-3 · Scottsdale, AZ
Zoning C-3 · permitted uses
C-3 · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
6
Units
56
Lot
1.45 ac
Current owner
From public records · entity-resolved
Papago Scottsdale LLC
Entity
Mailing address
7017 E MCDOWELL RD, SCOTTSDALE, AZ 85257-3313
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
$8,500,000
Papago Scottsdale LLC
Bryce Jay LLC
Special Warranty Deed
$8,660,000 · Alaska USA FCU
Aug 17, 2020
—
Bryce Jay LLC
—
Deed
related
$1,500,000 · Horizon Community Bank INC
Mar 10, 2020
$5,000,000
Bryce Jay LLC
Papago Inn LLC
Grant Deed
$1,500,000 · Papago Inn LLC
Sep 17, 2014
$2,750,000
Papago Inn LLC
Papago Inn Resort LLC
Grant Deed
$1,600,612 · Avana Fund I LLC
Aug 28, 2003
$2,575,000
Papago Inn Resort LLC
Papago Motor Hotels INC
Grant Deed
related
$1,200,000 · Camelback Community Bank
—
—
Papago Inn LLC
—
Deed Of Trust
related
$1,130,000 · Northwest Busn Dev Assn
—
—
Papago Inn Resort LLC
—
Deed Of Trust
related
$300,000 · Camelback Community 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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