80 16Th StDouglas, AZ 85607

  • Turn key restaurants
  • 3,009 SF
For Sale
$290,000 View listing

Property Details for 80 16Th St

Year built
1982
Construction
STEEL FRAME
Lot size
0.01 AC
Property size (Sq ft)
3,009 SF
Property type
Turn key restaurants
APN
408-25-093C
APU
40825093C

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,457
$15,977
$26,049
$42,026
-
$106,515
$173,659
$280,174

FAQs

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