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Property profile & analytics
OFF-MARKET
Drive through restaurants

310 Frontier St Eloy, AZ 85131-1828

1,875 SF 0.32 ac lot Built 1955
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US07-1248163
Property summary
AI-generated overview

This exceptional 0.28-acre property at 310 W Frontier Street, Unit 310, in Eloy, Arizona, presents a unique investment opportunity. Previously home to the well-loved Encore Family Restaurant, a cherished community establishment since 1955, this building offers a turnkey solution for a new culinary venture or community hub. The property boasts a generous layout perfectly suited for a restaurant, featuring a fully equipped kitchen and a spacious dining area. Its prime location in Eloy makes it easily accessible to residents and visitors alike, particularly those returning from nearby Picacho Peak State Park or attending Friday night football games at Santa Cruz High School. The building's history as a successful restaurant provides a strong foundation for future success, offering immediate potential for a new owner to capitalize on its established reputation and loyal customer base. The asking price is $450,000. This is a rare chance to acquire a piece of Eloy's history and create a thriving business in a vibrant community. The property's size and existing infrastructure minimize the need for extensive renovations, allowing for a quicker return on investment. Don't miss this opportunity to establish your culinary legacy in the heart of Eloy.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1955
Construction CONCRETE
Total area 1,875 SF
Lot 0.32 ac (14,000 SF)
APN 405-05-3770
UPID US07-1248163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Miguel A Lopez · 9 yrs held
Miguel A Lopez
since 2017
2 recorded transactions
2017
$110,000
2011
$153,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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