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Property profile & analytics
OFF-MARKET Estimated value $3,460,000
Drive through restaurants

8271 Ludlow Dr Peoria, AZ 85381-4637

3,988 SF 1.2 ac lot Built 2011
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-1532623
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2011
Construction STEEL FRAME
Total area 3,988 SF
Lot 1.2 ac (52,088 SF)
Zoning code PAD
APN 200-63-310
UPID US07-1532623
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
  • Culver's Restaurant
  • Dutch Brothers Coffee At Arrowhead Commerce Center Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.58M
Blend (final) Blend
$3.46M
Owner & transaction history
Thunderbird Scoop LLC · 16 yrs held
Thunderbird Scoop LLC
since 2009
5 recorded transactions
2019
Price N/A
2010
Price N/A
2009
$900,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
PAD · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 21-601. Planned Area Development (PAD). A. Intent. The Planned Area Development District (PAD) is intended to provide an alternative zoning district to the conventional zoning and development approaches and processes in the City of Peoria, Arizona in order that within this designated District the following goals may be achieved: 1. To enhance the City's…

Zone name Planned Area Development
General category INDUSTRIAL
Zone area 12,203.05 ac
Source Chapter 21 ZONING
Top alternative use upside
Retail stores $2.8M +22.1%
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