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Property profile & analytics
OFF-MARKET Estimated value $825,000
Office buildings

401 Monroe Ave Buckeye, AZ 85326-2803

7,976 SF 0.1 ac lot Built 1914
Individually Owned 26-yr Hold Free & Clear
Property ID
US07-0806747
Property summary
AI-generated overview

This exceptional commercial property, located at 401 E Monroe Ave in Buckeye, Arizona, presents a unique investment opportunity. Boasting 11,754 square feet, this two-story building, constructed in 1914, sits on a parcel with APN 400-26-024B and is zoned CC by the City of Buckeye. Its prominent corner location at the intersection of Fourth Street and Monroe Avenue offers unparalleled visibility and accessibility within the thriving Buckeye community. The property's rich history includes previous uses as a Pay Less Market and a hotel, serving as a central hub for the town's agricultural past. This landmark building offers a blank canvas for a modern retail venture, allowing a buyer to capitalize on its historical significance and prime location. The substantial square footage provides ample space for a variety of retail concepts, while the building's character and location offer a unique opportunity to create a memorable and successful business. The asking price is $1,100,000. This is a chance to own a piece of Buckeye's heritage and contribute to its continued growth. The property's strategic location and substantial size make it an ideal investment for entrepreneurs seeking a high-impact retail space in a rapidly expanding market. Don't miss this chance to acquire a truly remarkable property in the heart of Buckeye, Arizona.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1914
Construction CONCRETE
Total area 7,976 SF
Lot 0.1 ac (4,319 SF)
Zoning code CC
APN 400-26-024B
UPID US07-0806747
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
Current use
Occupant on record · Public records
  • Loan Till Payday Online Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$841k
Blend (final) Blend
$825k
Owner & transaction history
Victor Contreras · 26 yrs held
Victor Contreras
since 2000
1 recorded transaction
2000
$50,000
Zoning & alternative use
CC · Buckeye, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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