Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Profitable Iconic Mexican Restaurant & Bar For Sale In Florence! Cactus Forest, AZ 85132
    Back to Search
    Property profile & analytics

    Profitable Iconic Mexican Restaurant & Bar For Sale In Florence!, Cactus Forest, AZ 85132

    View on Map
    • Retail properties & Spaces
    • 3,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Profitable Iconic Mexican Restaurant & Bar For Sale In Florence!

    Year built
    1974
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This iconic Mexican restaurant and bar, established in 1974, presents a unique investment opportunity in Florence, Arizona. Boasting a 3,200 square foot space, this well-established business has generated a gross revenue of $1,093,532.42 and a cash flow of $35,816.24. The sale includes a fully equipped kitchen featuring two griddles, three fryers, a cheese melter, ovens, ample refrigeration (including walk-in cooler and freezer), and extensive bar equipment. The dining area comfortably seats 60 guests indoors, supplemented by outdoor patio seating. The restaurant employs 28 people and benefits from two weeks of training for a new owner. The seller is motivated to sell due to health reasons. The lease terms are negotiable with the landlord, who is the property owner. Located in a growing area near parks, schools, and homes, this restaurant is a well-known fixture in the community, offering significant potential for continued growth and profitability. The sale is a business sale, not an asset sale, and seller financing is not available. The restaurant features a hood system.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cactus Forest
    County
    Pinal
    State
    Arizona
    Longitude
    -111.189
    Latitude
    32.9192

    Comparable in this City

    • Value Estimation by Request
      2,619 SF

      170 Main St

      Restaurants
      170 Main St, Coolidge, AZ 85132
      View Details
    • Value Estimation by Request
      2,158 SF

      3605 Hunt Hwy

      Restaurants
      3605 Hunt Hwy, Florence, AZ 85132
      View Details
    • Value Estimation by Request
      7,852 SF

      120 Hwy 287

      DEPARTMENT STORE
      120 Hwy 287, Florence, AZ 85132-8170
      View Details
    • Value Estimation by Request
      1,352 SF

      495 Pinal Pkwy Ave

      Neighborhood centers
      495 Pinal Pkwy Ave, Florence, AZ 85132
      View Details
    • Value Estimation by Request
      2,200 SF

      Hunt Hwy & Merrill Rnch Pkwy

      Retail properties & Spaces
      0 Hunt Hwy & Merrill Rnch Pkwy, Florence, AZ 85132
      View Details
    • Value Estimation by Request
      4,622 SF

      444 Ruggles St

      RESTAURANT
      444 Ruggles St, Florence, AZ 85132
      View Details

    Similar Nearby for Sale

    • $125,000
      14,654 SF

      Florence Retail Commercial Land Parcel

      0.34-acre retail commercial land parcel in Florence, Arizona.
      961 South Main St, Florence, AZ 85132
      View Details
    • Contact for pricing

      Vacant Lot in Florence

      Vacant commercial lot in established area, convenient to downtown.
      360 N Park St, Florence, AZ 85132
      View Details
    • $2,000,000

      Self Storage on 6.8 Acres

      Self-storage facility with expansion potential in a growing corridor.
      3110 North Pinal Parkway Ave, Florence, AZ 85132
      View Details
    • $215,000
      12.22 Acres

      Florence Acreage with Desert Views

      Expansive land ideal for building, retreat, or investment.
      13xxx N Gardenshire Rd, Florence, AZ 85132
      View Details
    • Contact for pricing
      0.14 Acres

      Residential Land in Florence Gardens

      Level homesite with utilities and Florence Gardens amenities.
      3613 N Illinois Ave, Florence, AZ 85132
      View Details
    • $250,000
      40.01 Acres

      Expansive Desert Parcel in Florence

      40+ acre desert parcel perfect for recreation or investment.
      N Start Rd, Florence, AZ 85132
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Florence, AZ

      Retail pad and shop spaces available for lease in Florence.
      4547 N Hunt Hwy, Florence, AZ 85132
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Florence, Arizona

      Retail space available for lease in Florence, Arizona.
      4547 N Hunt Hwy, Florence, AZ 85132
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Florence, Arizona

      Retail space available for lease in Florence, Arizona.
      4575 N Hunt Hwy, Florence, AZ 85132
      View Details
    • Contact for pricing

      Land for Lease in Florence

      Leasable land suitable for various commercial uses.
      N Mitchell Trl, Florence, AZ 85132
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Profitable Iconic Mexican Restaurant & Bar For Sale In Florence!
    Cactus Forest, AZ 85132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Profitable Iconic Mexican Restaurant & Bar For Sale In Florence!, Cactus Forest, AZ, 85132
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!