$337,000
SOLD MAY 2, 2025

448 E Butte Ave Florence, AZ 85132

-- Bed
-- Bath
5,476 Sq Ft
0.27 Acres

Recently Sold

$62 Per Sq Ft

4% Below List Price

152 Days on Market

Highlights

  • 0.27 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Central Air

About This Home

As of May 2025

Been looking for a commercial property as an investment or to open your own business? Here is your chance to pick one up at a great price in an area that is experiencing growth all around. This unique building offers 2 separate spaces for you to maximize your RIO, open your own business in one space and lease out the other or lease out both spaces. Located just a few blocks from Main Street an steps away from the newly built Pinal County government building. This building is just waiting for you. Each space has it's own address 448 E Butte Ave and 424 E Butte Ave. Parcel #200-50-069 and #200-50-070 Zoning is NO R-2 R1-6 MHS
Just needs your vision and a little TLC
Seller is part of a 1031 exchange

Last Agent to Sell the Property

Michelle Cordes

United Country AZ Ranch, Land & Homes License #SA670576000 Listed on: 04/12/2025

United Country AZ Ranch, Land & Homes

Co-Listed By

Dani Miller

United Country AZ Ranch, Land & Homes License #BR527462000

Last Buyer's Agent

Lillian Pitts

Belva's Real Estate, L.L.C. License #SA639652000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Property is zoned NO R-2 R1-6 MHS

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 5,476 Sq Ft Home
  • Concrete Flooring

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Townsite Of Florence Subdivision
  • Operating Expense $7,428

Listing and Financial Details

  • Tax Lot -/210/-
  • Assessor Parcel Number 200-50-070

Property Details

Property Type

Other

Est. Annual Taxes

$7,428

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Butte Ave and HWY 79
  • Property Type: Comm/Industry Sale
  • Zoning: NO R-2 R1-6 MHS
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Co List Office Mls Id: ucar001
  • Co List Office Phone: 480-695-2010
  • Subdivision Name: Townsite of Florence
  • Structure Type: Commercial, Office
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 5476.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Wood Frame, Block
  • Roof: Metal
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 11748.0
  • Parcel #: 200-50-070

Multi Family

  • Annual Operating Expense: 7428.2

Tax Info

  • Tax Annual Amount: 7428.2
  • Tax Book Number: 200.00
  • Tax Lot: -/210/-
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2025
Sold by
Orthodox Mission Church
Bought by
Orthodox Mission Church
Current Estimated Value
$343,548

Purchase Details

Closed on
Dec 27, 2023
Sold by
Pioneer Title Agency Inc
Bought by
Exline Dana Mark

Purchase Details

Closed on
Sep 21, 2020
Sold by
Exline Dana Mark
Bought by
Higher Dimension Christian Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 2004
Sold by
Michael Carroll F
Bought by
Exline Dana Mark
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Trustee Deed $311,013 Pioneer Title
Warranty Deed $320,000 Pioneer Title Agency Inc
Warranty Deed $200,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $256,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $337,000 -3.7% $62 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/12/2025 04/12/25 Price Changed $350,000 0.0% $64 / Sq Ft
04/12/2025 04/12/25 For Sale $350,000 0.0% $64 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $350,000 -- $64 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,896 -- -- --
2024 $0 -- -- --
2023 $0 $25,139 $5,237 $19,902
2022 $0 $21,873 $3,253 $18,620
2021 $0 $22,160 $0 $0
2020 $2,947 $21,780 $0 $0
2019 $2,928 $20,792 $0 $0
2018 $2,815 $19,828 $0 $0
2017 $2,713 $18,084 $0 $0
2016 $2,436 $1,230 $1,230 $1,230
2014 -- $10,186 $594 $9,592
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6787260

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-50-070