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Property profile & analytics
OFF-MARKET
Estimated value
$3,480,000
Turn key restaurants
7829 Thomas Rd, Phoenix, AZ 85033-5442
Individually Owned
2-yr Hold
Free & Clear
Property ID
US07-0163938
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1987
Construction
STEEL FRAME
Total area
7,910 SF
Lot
1.55 ac (67,518 SF)
Zoning code
C-R
APN
102-38-001G
UPID
US07-0163938
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
-
Mariscos El Nuevo Altata Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.60M
Blend (final)
Blend
$3.48M
Owner & transaction history
Guillermo Vega Gomez · 2 yrs held
Guillermo Vega Gomez
since 2024
7 recorded transactions
Zoning & alternative use
C-R · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.5M
+30.4%
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
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
$4,225,000
Current use
COMMERCIAL (GENERAL)
$5,510,000
Change: +30% · Conversion: Easy
Blend value · Realmo final
$3.48M
Range $3.13M – $3.83M · ±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
$440 / 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
$40,812
Tax year 2023
Assessed value
$380,358
Assessed 2024
Previous assessed
$380,358
+0.0% YoY
Effective rate
10.73%
On assessed value
Land market value
$1,507,700
Improvement market value
$797,501
Total market value
$2,305,201
Applied tax rate
831,300.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
7,910 SF
Lot
1.55 ac (67,518 SF)
Zoning code
C-R
APN
102-38-001G
UPID
US07-0163938
Jurisdiction
MARICOPA
Zoning & alternative use
C-R · Phoenix, AZ
Zoning C-R · permitted uses
C-R · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$5.5M
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
1987
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.55 ac
Current owner
From public records · entity-resolved
Guillermo Vega Gomez
Individual
Free & Clear · 2 yrs held
Mailing address
8108 W FRIER DR, GLENDALE, AZ 85303-1022
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Guillermo Vega Gomez
Ag Brothers Food Restaurants LLC
Re-recorded Document
related
—
Apr 3, 2024
—
Guillermo Vega Gomez
Estate Of Ag Brothers Food Restaura
Deed
—
Sep 23, 2022
—
Ag Brothers Food Restaurants LLC
Cirrus Investments Limited Partners
Re-recorded Document
related
—
Apr 27, 2022
—
Ag Brothers Food Restaurants LLC
—
Deed
related
$135,000 · Roberto Delgado Etal
Feb 1, 2022
—
Ag Brothers Food Restaurants LLC
—
Deed
related
$125,000 · Golden Lion Flips
Jun 18, 2021
—
Ag Brother S Food Restaurants LLC
—
Deed
related
$350,000 · Pina Investments LLC
May 19, 2021
$1,300,000
Ag Brothers Food Restaurants LLC
Cirrus Investments Limited Partners
Special Warranty Deed
$910,000 · Merchants Funding Az LLC
Jan 31, 2013
$7,902,000
Desert Sky Holdings L Macerich
Mds Realty I LLC
Grant Deed
related
—
Apr 25, 2012
—
Desert Sky Holdings L Macerich
Mds Realty I LLC
Grant Deed
related
—
Sep 2, 2005
$2,325,000
Cirrus Investments
Mac Properties
Grant Deed
—
Jan 14, 2003
$1,200,000
Mac Properties LP
Sharmac LP
Grant Deed
related
—
Dec 26, 2000
$1,217,250
Sharmac LP
Woodys Mexican Food INC
Trustees Deed
$521,545 · Macayo Restaurants LLC
Dec 29, 1992
—
Fellowship Enterprises INC
Gmj Scj Slj Inve
Grant Deed
related
—
Dec 15, 1988
$200,000
Mexican F Woodys
—
Deed Of Trust
related
—
—
—
Restaurants L L C Macayo
—
Deed Of Trust
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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