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Property profile

505 S Main St Florence, AZ 85132

FOR LEASE
Turn key restaurants
Property ID
US07-1217941
3,111 SF 0.26 ac lot Built 1950
Last sale Nov 2018 · $380,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
505 S Main St, Florence, AZ 85132 For Lease
$5,500/Mo 3,111 SF available
505 S Main St, Florence, AZ 85132
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Property summary

AI-generated overview

The property is a fully built-out, single-level restaurant facility in a 3,111-square-foot building designed for active food service. The interior layout includes a large dining room, a full commercial kitchen equipped with multiple vent hoods, two separate bars, a private party room, and a dedicated back-of-house support area featuring a dishwasher, grease trap, and floor drains, along with a large walk-in cooler. Additional service and infrastructure include water filtration equipment, a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2025$52k
Assessed land$16k
Assessed improvement$36k
Effective rate6.06%

Value estimate

· Oct 2026
$295k
$266k – $325k
AI approach$295k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 713.98% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$241/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$111 – $391

Cap rate analysis

How does the asset earn?
713.98%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINAL

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop9.3
Building Supply9.3
HVAC Service9.3

Location

505 S Main St Florence, AZ 85132
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
558 Pinal Pkwy, Florence, AZ 85132 $1,780,000 Sep 2023 2,571 SF
305 Main, Florence, AZ 85132 $55,372 Jan 2023 2,651 SF
801 Hwy 79, Florence, AZ 85132-9223 $210,000 Dec 2022 3,864 SF
20 Main, Florence, AZ 85132-0140 $883,596 Aug 2022 2,400 SF
448 Butte, Florence, AZ 85132 $320,000 Oct 2020 3,016 SF
520 Pinal, Florence, AZ 85132 $3,000,796 Dec 2019 3,517 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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