Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2289 Frances Ln Oracle, AZ 85623

    • Commercial real estate
    • 2,400 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US07-1758940
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2289 Frances Ln

    Year built
    2001
    Lot size
    2.00 lot acres
    Property size
    2,400 SF
    Property type
    Commercial real estate
    APN
    308-56-088L
    APU
    30856088L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $180,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $210,000
      Mixed-Use
      $185,000
      Hospitality
      $170,000
      Educational
      $195,000
      Residential Income
      $205,000
      Energy
      $175,000
      Income-Based Land
      $180,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Oracle
    County
    Pinal
    State
    Arizona
    Longitude
    -110.791
    Latitude
    32.6215
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,714
    $8,968
    $17,743
    $26,711
    -
    $49,820
    $98,573
    $148,393

    Comparable in this City

    • Value Estimation by Request
      2,880 SF

      1095 Mt Lemmon Hwy

      COMMERCIAL (GENERAL) • 2,880 SF
      1095 Mt Lemmon Hwy, Oracle, AZ 85623-6250
      View Details
    • Value Estimation by Request
      3,540 SF

      1795 American Ave

      COMMERCIAL (GENERAL) • 3,540 SF
      1795 American Ave, Oracle, AZ 85623-6008
      View Details
    • Value Estimation
      $250,000
      2,000 SF

      1748 Alex Austin Dr

      COMMERCIAL (GENERAL) • 2,000 SF
      1748 Alex Austin Dr, Oracle, AZ 85623
      View Details
    • Value Estimation by Request

      American Ave

      Land
      0 American Ave, Oracle, AZ 85623
      View Details
    • Value Estimation by Request
      25,000 SF

      36019 Mt Lemmon Rd

      Commercial real estate • 25,000 SF
      36019 Mt Lemmon Rd, Oracle, AZ 85623
      View Details
    • Value Estimation by Request
      1,820 SF

      1395 American Ave

      COMMERCIAL (GENERAL) • 1,820 SF
      1395 American Ave, Oracle, AZ 85623-6027
      View Details

    Similar Nearby for Sale

    • $6,500,000
      25,000 SF

      Historic 459-Acre Arizona Ranch

      Mountain retreat, luxury lodging, huge potential.
      36019 Mt Lemmon Rd, Oracle, AZ 85623
      View Details
    • $450,000
      2,384 SF

      Oracle Patio Cafe & Market

      Profitable Turnkey Business Opportunity
      270 American Ave, Oracle, AZ 85623
      View Details
    • $179,000

      Oracle AZ Commercial Land

      Prime Commercial Lot, American Ave
      0 American Ave, Oracle, AZ 85623
      View Details
    • $110,000
      2.50 Acres

      Land in Custom Home Area

      2.5 acre lot with utilities and views in Oracle.
      W Linda Vista Rd, Oracle, AZ 85623
      View Details
    • $99,000
      3.30 Acres

      Land with Scenic Views

      Land available in Oracle, Arizona, ready for building.
      W Linda Vista Rd, Oracle, AZ 85623
      View Details
    • $299,000
      8.36 Acres

      Oak-Covered Land with Mountain Views

      Serene 8.36-acre lot in Oracle, Arizona, with mountain views.
      unit 8.36 Ac E Mt. Lemmon Hwy, Oracle, AZ 85623
      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.
    2289 Frances Ln
    Oracle, AZ 85623
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.