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Property profile & analytics
OFF-MARKET
Drive through restaurants
8565 Grand Ave Peoria, AZ 85345-8103
Entity Owned
5-yr Hold
Free & Clear
Property ID
US07-1329323
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1976
Construction
CONCRETE
Total area
2,990 SF
Lot
0.7 ac (30,293 SF)
Zoning code
C-2
APN
142-45-138S
UPID
US07-1329323
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Quan Yin Family LLC · 5 yrs held
Quan Yin Family LLC
since 2020
Last sale
$315,000
7 recorded transactions
Zoning & alternative use
C-2 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" commercial development, it is intended that each development be contiguous and limited in scale. The C-2 districts should generally be restricte…
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
1,076.86 ac
Source
Chapter 21 ZONING
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 Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,012
Tax year 2022
Assessed value
$118,592
Assessed 2024
Previous assessed
$82,365
+44.0% YoY
Effective rate
4.23%
On assessed value
Land market value
$444,600
Improvement market value
$274,137
Total market value
$718,737
Applied tax rate
111,200.0000
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
1976
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
2,990 SF
Lot
0.7 ac (30,293 SF)
Zoning code
C-2
APN
142-45-138S
UPID
US07-1329323
Jurisdiction
MARICOPA
Zoning & alternative use
C-2 · Peoria, AZZoning C-2 · permitted uses
C-2 · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Intermediate Commercial District (C-2). The C-2 District is intended to provide a shopping center for the sale of convenience goods and personal services. In order to prevent the establishment of undesirable "strip" commercial development, it is intended that each development be contiguous and limited in scale. The C-2 districts should generally be restricted to the intersection of major arterial streets while providing one-mile separation from other non- adjacent commercial districts. The regulations and development standards are designed to preserve adjacent residential amenities and to prohibit encroachment by more intensive commercial uses. F.
Zone name
Intermediate Commercial
General category
COMMERCIAL
Zone area
1,076.86 ac
Source
Chapter 21 ZONING
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Quan Yin Family LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1225 E VILLA MARIA DR, PHOENIX, AZ 85022-1222
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
$315,000
Quan Yin Family LLC
Guillermo V Gomez
Warranty Deed
—
Nov 2, 2011
$85,000
Guillermo V Gomez
Wong,bobby & Sherry
Warranty Deed
$20,000 · Bobby & Sherry Wong
Jan 14, 2009
—
State Of Arizona
Wong,bobby & Sherry
Warranty Deed
related
—
Sep 30, 2004
$9,000,000
Suntree Acquisition LLC
Suntree Investors Limited
Grant Deed
related
$7,200,000 · Wachovia Bank NA
Apr 10, 2000
—
Bobby Wong
Yu,raymond & Grace
Grant Deed
related
$240,000 · Bank Of America
Nov 9, 1993
—
Marlene Appel
Yu
Quit Claim Deed
related
—
Nov 18, 1992
—
Bobby L Wong
Wong
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.
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