Property profile

7029 1st Ave Ste 100 Scottsdale, AZ 85251

OFF-MARKET
Turn key restaurants
Property ID
US07-2474087
3,418 SF 0.22 ac lot Built 2015
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2015
Construction CONCRETE
Total area 3,418 SF
Lot 0.22 ac (9,461 SF)
Zoning code C-2
APN 130-12-980
UPID US07-2474087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7029 1st Ave Ste, Unit 100 Scottsdale, AZ 85251-4331
Scottsdale metro Census 217201 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.94M
Blend (final) Blend
$3.46M

Owner & transaction history

since 2021
Last sale
$3.5M
5 recorded transactions
2021
$3.5M
2021
Price N/A
2019
Price N/A
2016
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Scottsdale, AZ
Zoning description

R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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