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Property profile & analytics
OFF-MARKET Estimated value $2,150,000
Turn key restaurants

8350 Paradise Ln Peoria, AZ 85382-4744

3,088 SF 0.69 ac lot Built 2000
Individually Owned 5-yr Hold Free & Clear
Property ID
US07-1279851
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Construction STEEL FRAME
Total area 3,088 SF
Lot 0.69 ac (30,001 SF)
Zoning code PAD
APN 200-53-638
UPID US07-1279851
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 Social on 83rd Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.23M
Blend (final) Blend
$2.15M
Owner & transaction history
Linda Joyce Colaiacovo · 5 yrs held
Linda Joyce Colaiacovo
since 2021
3 recorded transactions
2021
Price N/A
2020
Price N/A
2012
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 $2.2M +22.1%
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