Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Drive through restaurants
745 Glendale Ave Phoenix, AZ 85020-5329
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-3310406
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1973
Construction
STEEL FRAME
Total area
1,880 SF
Lot
0.36 ac (15,682 SF)
Zoning code
P-1
APN
161-04-086R
UPID
US07-3310406
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
-
The Habit Burger Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$2.31M
Owner & transaction history
Carlsbad Lionshead I LLC · 5 yrs held
Carlsbad Lionshead I LLC
since 2021
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
P-1 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts
Zone name
Passenger Automobile Parking
General category
RESIDENTIAL
Zone area
318.48 ac
Source
Realmo
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
$2,530,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±10% · vs last sale $2.20M (Jun 8 2021)
Last sale anchor
$2.20M
Jun 8 2021
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
$1,229 / 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
$13,219
Tax year 2023
Assessed value
$155,048
Assessed 2024
Previous assessed
$141,763
+9.4% YoY
Effective rate
8.53%
On assessed value
Land market value
$456,300
Improvement market value
$483,385
Total market value
$939,685
Applied tax rate
381,300.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
1,880 SF
Lot
0.36 ac (15,682 SF)
Zoning code
P-1
APN
161-04-086R
UPID
US07-3310406
Jurisdiction
MARICOPA
Zoning & alternative use
P-1 · Phoenix, AZZoning P-1 · permitted uses
P-1 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended that the P-1 District will provide necessary off-street parking in appropriate locations for nonresidential uses located near residential districts
Zone name
Passenger Automobile Parking
General category
RESIDENTIAL
Zone area
318.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1973
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Carlsbad Lionshead I LLC
Entity
Mailing address
800 WILSHIRE BLVD, SANTA MONICA, CA 90401-1810
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2021
$2,200,000
Carlsbad Lionshead I LLC
Margus Limited
Special Warranty Deed
$1,210,000 · First Republic Bank
May 18, 2012
$1,320,000
Margus Ltd
745 E Glendale LLC
Grant Deed
—
Jan 21, 2011
$425,000
745 E Glendale LLC
Mathiesen Carol H Trust
Grant Deed
$550,000 · Grace Ann K Trust (pt)
Apr 16, 2009
—
Mathiesen Carol H Trust
Mathiesen,carol H
Quit Claim Deed
related
—
Mar 9, 2005
$520,000
Carol H Mathiesen
Hom Allen E Trust
Warranty Deed
—
Sep 14, 1992
—
Allen E Hom Trust
Hom
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 745 Glendale Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
