This exceptional commercial property, located at 80 E 16TH Street in Douglas, Arizona, presents a unique investment opportunity. The 0.88-acre lot houses a historically significant building, formerly a Burger King restaurant, which is currently operating as a restaurant. The sale includes some existing operating equipment, making this a truly turnkey operation. The property is ready for immediate business, boasting ample parking to accommodate customers. A significant advantage is the potential to utilize the existing drive-thru, offering convenience and increased revenue potential. The building's history adds character and potential for branding, while the existing infrastructure minimizes initial setup costs. This is an excellent chance to acquire a well-situated commercial property in a thriving area. The seller is offering attractive financing options, including the possibility of carrying the loan, making this an even more compelling proposition for qualified buyers. The property's size and location make it ideal for a variety of food service businesses or potential redevelopment. Serious inquiries are encouraged to explore this exciting opportunity further. Detailed financial information and operational specifics are available upon request. Don't miss this chance to own a piece of Douglas's commercial history.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$339,836
6.5%
$313,695
7%
$291,288
Comparable approach
Method
Valuation
Relative Method
$520,726
Geo Method
$520,726
Alternative Use
Use
Valuation
Industrial / Distribution
$610,295
Mixed-Use / Specialty
$313,158
Hospitality / Lodging
$230,512
Office
$311,904
Institutional / Educational
$325,767
Residential Income
$381,147
Multifamily
$453,900
Automotive / Energy
$279,228
Parking / Income-Based Land
$95,783.30
Restaurant / Food Service
$164,118
Healthcare / Senior Housing
$320,541
Location Insight
City
Douglas
County
Cochise
State
Arizona
Latitude
31.3511
Longitude
-109.562
CBSA code
43420
CBSA name
SIERRA VISTA-DOUGLAS, AZ MICROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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