Rebuilt Full-Service Restaurant with
7196 S Highway 92 Hereford, AZ 85615
For Sale
$1,250,000
COMMERCIAL - Hereford, AZ
Property Size5,607 SF
Lot Size1.32 Acres
Price / SF$222.94
Days on Market744
Property Features for 7196 S Highway 92
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Cochise - GB
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
104-06-007
Size
5,607 SF
Lot size
1.32 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
multiple attached in document tab. IN S2 SEC 7 BY M&B BEG AT S4 COR N 45DEG 25' 30 E 82.10'N 44DEG 34' 30 W20' TO TRU
Tax Annual Amount
14500
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Propane (Heating)
Cooling system
Central Air
Building Details
Year built
2012
Building materials
Frame - Stucco
Roof type
Rolled Hot Mop
Listing Agency:
Tierra Antigua Realty
(520) 439-8888
Listed By:
Debra Coste
(520) 249-6562
Added: Jul 15, 2024
Changed: Jul 24
Last Checked: Jul 28 at 7:06AM
MLS# 22417469
Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A completely rebuilt restaurant property offering an extensive kitchen, bar area, banquet room, and ample seating. The building was rebuilt in 2012 and is presented as a turn-key, full-service dining location.
The property is located at 7196 S Highway 92 in Hereford, AZ, with high visibility on the main highway. The listing includes five parcels: 104-06-002E, 104-06-002C, 104-06-007, 104-06-017, and 104-06-002A.
Zoning is Cochise - GB. A Class 12 liquor license is included in the sale. The lot size is 1.32 acres and the building size is 5,607 square feet.
The property is located at 7196 S Highway 92 in Hereford, AZ, with high visibility on the main highway. The listing includes five parcels: 104-06-002E, 104-06-002C, 104-06-007, 104-06-017, and 104-06-002A.
Zoning is Cochise - GB. A Class 12 liquor license is included in the sale. The lot size is 1.32 acres and the building size is 5,607 square feet.
Key Highlights
- Completely rebuilt in 2012; building year built 2012
- Frame‑stucco construction with rolled hot mop roof
- Heating includes forced air with propane; central air conditioning
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $15.00 |
| − Vacancy | −$6.6k | −$1.17 |
| EGI | $77.5k | $13.83 |
| − OpEx | −$19.4k | −$3.46 |
| NOI | $58.2k | $10.37 |
5,607 SF · lease $15.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$830.8K
$727.0K – $969.3K
NOI $58,159 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Completely rebuilt in 2012 with an extensive kitchen, bar area, and banquet room for full-service dining.
Where is this conventional restaurant located?
The property is located at 7196 S Highway 92 Hereford, AZ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Completely rebuilt in 2012; building year built 2012; Frame‑stucco construction with rolled hot mop roof; Heating includes forced air with propane; central air conditioning
