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Property profile

448 Butte Ave Florence, AZ 85132

OFF-MARKET
Retail space
Property ID
US07-0163554
3,016 SF 0.14 ac lot Built 1963
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving Florence, Arizona market. Priced at $350,000, this dual-space building offers significant potential for maximizing return on investment (ROI). Situated on a 0.27-acre lot, the property boasts two distinct spaces, each with its own address (448 E Butte Ave and 424 E Butte Ave), allowing for flexible usage. Imagine operating your own business in one space while generating rental income from the other, or leasing both for a consistent revenue stream. The strategic location, just blocks from Main Street and steps from the newly constructed Pinal County government building, ensures high visibility and accessibility. This prime location benefits from the surrounding area's substantial growth. The property's zoning (NO R-2 R1-6 MHS) offers versatility for a range of commercial ventures. Parcel numbers 200-50-069 and 200-50-070 clearly identify the property's boundaries. While the building requires some cosmetic improvements ("TLC"), its solid foundation and advantageous location make it an attractive proposition for savvy investors and entrepreneurs alike. Don't miss this chance to capitalize on the burgeoning Florence commercial real estate market. This property is ready for your vision and entrepreneurial spirit.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Construction CONCRETE
Total area 3,016 SF
Lot 0.14 ac (5,890 SF)
APN 200-50-0700
UPID US07-0163554

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2025
Last sale
$320,000
2 recorded transactions
2025
Price N/A
2020
$320,000

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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