You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

620 E American Ave Oracle, AZ 85623

3,060 SF 0.77 ac lot Built 1990
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US07-0575545
620 E American Ave, Oracle, AZ 85623 For Sale
Contact for pricing 3,060 SF
620 E American Ave, Oracle, AZ 85623
View Listing →
Property summary
AI-generated overview

This exceptional commercial property located at 620 E American Avenue in the thriving town of Oracle, Arizona, presents a compelling investment opportunity. The 3,060 square foot building sits on a 0.77-acre lot and boasts five individual units, each with its own utilities. Unit A, a spacious 1,200 square feet, is currently leased to a local gym. Unit B and Unit C each offer 600 square feet of usable space. Unit D, measuring 300 square feet, is under a one-year lease, while Unit E, also 300 square feet, has a six-month lease in place. Three units are currently vacant, providing immediate potential for increased revenue. The property features a newer roof, evaporative cooling, and baseboard heating systems. Ample parking is available with 20 spaces. While some updates are needed in the vacant units, the utilities will be turned on for prospective buyers' inspections. The property benefits from excellent main road visibility. Please note that an extended closing escrow period may be required. This property offers a unique chance to capitalize on the growth of Oracle, Arizona. Don't miss this chance to acquire a multi-unit commercial building with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Construction CONCRETE
Total area 3,060 SF
Lot 0.77 ac (33,541 SF)
APN 308-03-053D
UPID US07-0575545
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
  • Outpaw's pet grooming Pet Grooming Service
  • Oracle 24hr Fitness Center Gym & Fitness Center
  • Connie's Barber Shop Barber Shop
  • Frank C Martinez Agency Farmers Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gerald J Mcguire · 9 yrs held
Gerald J Mcguire
since 2016
3 recorded transactions
2016
Price N/A
2015
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message