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    11425 Cornville Rd Cornville, AZ 86325

    For Sale
    $995,000

    Turnkey Restaurant, 3 Buildings, High NOI

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Exceptional investment opportunity in Cornville, Arizona, featuring a thriving, established restaurant and two additional income-producing residential units. This turnkey operation boasts 2,400 square feet of restaurant space, fully equipped and ready for immediate use. The restaurant, a landmark in the Verde Valley for over two decades, enjoys 100% occupancy and consistently strong financial performance, with a Net Operating Income (NOI) of $75,350 and a 7.18% cap rate. The property also includes two separate residential units, each currently leased on a month-to-month basis at fair market rent, providing additional income potential or a live/work option. Situated on a 0.6-acre lot with 20 parking spaces, the property features three buildings, all single-story, built in 1980 and renovated in 2006. The 4,864 square feet of net rentable space is zoned C-1, offering flexibility for future expansion or adaptation. Located at 11425 E Cornville Rd, Cornville, AZ 86325, this property presents a rare blend of established business success and significant real estate value, offering immediate returns and substantial long-term potential. Detailed financial statements are available upon request. The asking price is $995,000, representing a price per square foot of $216.

    Property Features for 11425 Cornville Rd

    General Information

    Property type
    Restaurants
    Square Feet
    2,400 SF
    Class
    B
    Lot Size
    26,136 SF

    Building Details

    Year Built/Renovated
    1980/2006
    Buildings
    3
    Stories
    1

    HighLights

    • Established restaurant and two residential units on 0.6‑acre lot, offering a combined 4,864 square feet of rentable space.
    • 2,400 SF turnkey restaurant, fully equipped and ready for immediate operation.
    • Two separate residential units, currently leased month‑to‑month, providing additional income or live/work potential.
    • Convenient location near I‑17 and Verde Valley wine region.
    • Financial statements and business training available upon request.
    • Existing tradename included in asking price, or create your own concept.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manzanita Restaurant German Restaurant

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Hair Salon Gym & Fitness Kitchen & Bath Food Market Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Cornville
    County
    Yavapai
    State
    Arizona
    Longitude
    -111.9011307
    Latitude
    34.7171701

    Nearby Comparable

    • $995,000
      4,864 SF

      this property promises immediate returns and future potential. With a strategic location and thriving local business environment

      this property is perfectly positioned for success. Don't miss out on the chance to secure a profitable venture in this dynamic market. Take advantage of this turnkey opportunity and elevate your portfolio with this sought-after investment.""""}"""
      11425 Cornville Rd, Cornville, AZ 86325
      View Details
    • $995,000
      4,864 SF

      Turnkey Restaurant with Income Potential

      Fully equipped restaurant with residential rentals in blossoming corridor.
      11425 E Cornville Rd, Cornville, AZ 86325
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    • $225,000
      0.99 Acres

      Pasture Land with Existing Well

      One-acre pasture property with well and irrigation in Cornville, Arizona.
      10881 E Pear Tree Dr, Cornville, AZ 86325
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    • $235,000
      1.10 Acres

      Pasture Land with Existing Well

      1.1 acre pasture property with well and irrigation in Cornville.
      10883 E Pear Tree Dr, Cornville, AZ 86325
      View Details

    Nearby Similar for Sale

    • $995,000
      4,864 SF

      Turnkey Restaurant with Income Potential

      Fully equipped restaurant with residential rentals in blossoming corridor.
      11425 E Cornville Rd, Cornville, AZ 86325
      View Details
    • $995,000
      4,864 SF

      this property promises immediate returns and future potential. With a strategic location and thriving local business environment

      this property is perfectly positioned for success. Don't miss out on the chance to secure a profitable venture in this dynamic market. Take advantage of this turnkey opportunity and elevate your portfolio with this sought-after investment.""""}"""
      11425 Cornville Rd, Cornville, AZ 86325
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, 3 Buildings, High NOI
    Where is this restaurant located?
    The property is located at 11425 Cornville Rd Cornville, AZ.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Established restaurant and two residential units on 0.6-acre lot, offering a combined 4,864 square feet of rentable space.; 2,400 SF turnkey restaurant, fully equipped and ready for immediate operation.; Two separate residential units, currently leased month-to-month, providing additional income or live/work potential.
    Request Owner's contact information
    11425 Cornville Rd Cornville, AZ 86325
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    11425 Cornville Rd
    Cornville, AZ 86325
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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
    11425 Cornville Rd Cornville, AZ 86325
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