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Property profile & analytics
OFF-MARKET
Estimated value
$5,100,000
Turn key restaurants
7323 Shoeman Ln, Scottsdale, AZ 85251-3323
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US07-2374094
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1986
Construction
CONCRETE
Total area
2,930 SF
Lot
0.13 ac (5,837 SF)
Zoning code
C-C
APN
173-41-262
UPID
US07-2374094
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.10M
Owner & transaction history
Gibro LLC · 1 yrs held
Gibro LLC
since 2024
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
C-C · 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
$5,100,000
ML approach
$5,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.10M
Range $4.59M – $5.61M · ±10% · vs last sale $5.10M (Nov 6 2024)
Last sale anchor
$5.10M
Nov 6 2024
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
$1,741 / 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
$7,896
Tax year 2023
Assessed value
$201,902
Assessed 2024
Previous assessed
$201,902
+0.0% YoY
Effective rate
3.91%
On assessed value
Land market value
$582,900
Improvement market value
$640,748
Total market value
$1,223,648
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
1986
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
2,930 SF
Lot
0.13 ac (5,837 SF)
Zoning code
C-C
APN
173-41-262
UPID
US07-2374094
Jurisdiction
MARICOPA
Zoning & alternative use
C-C · Scottsdale, AZ
Zoning C-C · permitted uses
C-C · 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
1986
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Gibro LLC
Entity
Mailing address
4421 N THANKSGIVING WAY, LEHI, UT 84043-2933
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
—
Gibro LLC
Gibro LLC
Deed
related
—
Oct 25, 2024
$5,100,000
Gibro LLC
Wagscap LLC
Special Warranty Deed
$3,315,000 · Arizona FCU
Oct 8, 2021
$4,500,000
Wagscap LLC
Shoeman 3 LLC
Warranty Deed
—
Sep 10, 2020
—
Shoeman 3 LLC
Endeavoring Prop Hldgs LLC
Warranty Deed
—
Jul 30, 2020
$3,000,000
Endeavoring Property Holdin
7323 E Shoeman LLC
Grant Deed
—
Jun 8, 2018
—
7323 E Shoeman LLC
—
Deed
related
$820,000 · United States Of America
Feb 23, 2015
$1,250,000
7323 E Shoeman LLC
Nysbv Investment LLC
Grant Deed
—
Apr 6, 2012
$501,000
Nysbv Investment LLC
Seal International Investments
Warranty Deed
$336,000 · Seal International Invs LLC
Dec 17, 2007
$1,150,000
Seal International Invs LLC
Triyar Ventures LLC
Grant Deed
$250,000 · Triyar Ventures LLC
Oct 17, 2006
$1,000,000
Triyar Ventures LLC
Stave,astor & Sonja
Grant Deed
—
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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