Property profile

270 American Ave Oracle, AZ 85623

OFF-MARKET
Turn key restaurants
Property ID
US07-2932174
2,384 SF 0.27 ac lot Built 1972
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

The Oracle Patio Cafe & Market is a commercial food and beverage property operating as a cafe and market, with dining and catering services. The business includes a Series 7 beer & wine license, and the premises are equipped for food preparation and retail display, with cooking equipment, appliances, market freezers and refrigerators, and display cases included as part of the property. Catering equipment and a catering trailer are included for event service for 100 or more people. The property comprises two parcels totaling 0.54 acres, including an adjacent vacant lot with development potential. The building is 2,384 square feet and is zoned Oracle–CB2.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1972
Construction CONCRETE
Total area 2,384 SF
Lot 0.27 ac (11,700 SF)
APN 308-05-0240
UPID US07-2932174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

270 American Ave Oracle, AZ 85623
Oracle metro Census 2200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2016
4 recorded transactions
2016
$175,000
2008
$380,000
2000
$87,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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