Property profile

305 E American Ave Oracle, AZ 85623

FOR SALE
Turn key restaurants
Property ID
US07-2962427
12,535 SF 0.77 ac lot Built 1984
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Construction CONCRETE
Total area 12,535 SF
Lot 0.77 ac (33,541 SF)
APN 308-06-001B
UPID US07-2962427

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
  • Bar & Pub
  • Restaurant

Location

305 E American Ave Oracle, AZ 85623
Oracle metro Census 2200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$890k

Owner & transaction history

since 2025
Last sale
$850,000
7 recorded transactions
2025
$790,563
2022
$850,000
2009
Price N/A
2008
Price N/A
2008
$400,000
2008
$100,000
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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