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    448 Butte Ave Florence, AZ 85132

    For Sale
    $350,000

    Dual-Space Commercial Building, High Growth Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property presents a unique investment opportunity in the thriving Florence, Arizona market. Priced at $350,000, this dual-space building offers significant potential for maximizing return on investment (ROI). Situated on a 0.27-acre lot, the property boasts two distinct spaces, each with its own address (448 E Butte Ave and 424 E Butte Ave), allowing for flexible usage. Imagine operating your own business in one space while generating rental income from the other, or leasing both for a consistent revenue stream. The strategic location, just blocks from Main Street and steps from the newly constructed Pinal County government building, ensures high visibility and accessibility. This prime location benefits from the surrounding area's substantial growth. The property's zoning (NO R-2 R1-6 MHS) offers versatility for a range of commercial ventures. Parcel numbers 200-50-069 and 200-50-070 clearly identify the property's boundaries. While the building requires some cosmetic improvements ("TLC"), its solid foundation and advantageous location make it an attractive proposition for savvy investors and entrepreneurs alike. Don't miss this chance to capitalize on the burgeoning Florence commercial real estate market. This property is ready for your vision and entrepreneurial spirit.

    Property Features for 448 Butte Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1963
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Pinal
    State
    Arizona
    Longitude
    -111.3827
    Latitude
    33.03136

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    FAQs

    What type of property is this?
    Commercial real estate - Dual-Space Commercial Building, High Growth Area
    Where is this commercial real estate located?
    The property is located at 448 Butte Ave Florence, AZ.
    What is the asking price?
    The asking price for this property is $350,000.
    (480) 695-2010
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    448 Butte Ave Florence, AZ 85132
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    448 Butte Ave Florence, AZ 85132
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