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    1112 S Kofa Ave Parker, AZ 85344

    For Sale
    $740,000

    COMMERCIAL - Parker, AZ

    Property size:
    812 SF
    Lot size:
    0.17 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 1112 S Kofa Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    311-25-004
    Parking features
    On Street
    Size
    812 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2011
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile - Ceramic
    Building materials
    Wood Frame, Stucco
    Roof type
    Rolled Hot Mop

    David Plunkett Realty (928) 667-1699

    Listing agent Marie Gonzalez (928) 667-1699

    Listing date Nov 30, 2025

    Copyright © 2025 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Income Potential

    This commercial building, centrally located in the heart of Parker, Arizona, is currently operating as Lilys Mexican Restaurant. The 2700-square-foot building includes a walk-in 20x10 freezer and features a clean interior and exterior. The property has ample parking available for customers. In addition to the restaurant space, the property includes two one-bedroom apartments located at the back of the building, accessible from the alley and with dedicated parking. The property is situated in a desirable location and generates income from all units. The lot size is 0.17 acres, and the building size is 812 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lily's Mexican Food Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    La Paz
    State
    Arizona
    Longitude
    -114.290909
    Latitude
    34.147689

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    FAQs

    What type of property is this?
    Conventional restaurant - Centrally located commercial building with restaurant and apartments in Parker.
    Where is this conventional restaurant located?
    The property is located at 1112 S Kofa Ave Parker, AZ.
    What is the asking price?
    The asking price for this property is $740,000.
    What are key features of this property?
    This property features: - Centrally located commercial building in the heart of Parker.; - Includes two 1-bedroom apartments with alley access and parking, providing additional income.; - Currently operating as a restaurant with existing infrastructure.
    (928) 667-1699
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1112 S Kofa Ave Parker, AZ 85344
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