Property profile

532 Western Ave Avondale, AZ 85323

OFF-MARKET
Turn key restaurants
Property ID
US07-1501064
2,568 SF 0.29 ac lot Built 1945
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1945
Construction CONCRETE
Total area 2,568 SF
Lot 0.29 ac (12,809 SF)
Zoning code OTAB
APN 500-20-119E
UPID US07-1501064

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
  • Restaurant

Location

532 Western Ave Avondale, AZ 85323-2422
Avondale metro Census 61200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$717k
Blend (final) Blend
$680k

Owner & transaction history

since 2011
1 recorded transaction
2011
$170,000

Zoning & alternative use

OTAB · Avondale, AZ
Zoning description

100' Parking Setback from Residential District or Use* 25' 25' 25' 25' 25' Maximum Accessory Structure Height 15' 15' 15' 15' 15' * Not applicable to manufactured home parks. 28-57 - Old Town Avondale Business District (…

General category COMMERCIAL

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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