1522 W MYRTLE Avenue, Phoenix, AZ 85021
- Added:
- May 18, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 6 at 3:06 pm
Property Features for 1522 W MYRTLE Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Fenced, Parking Lot, Off Street
- Security features
- Security System
- Exterior features
- Rain Gutters
- Standard status
- Active
- APN
- 157-13-002-C
- Size
- 6,894 SF
- Lot size
- 0.89 Acres
Taxes and HOA fees
- Tax Description
- WEST ORANGEWOOD MCR 6-37 E 400F OF S2 OF LOT 12 EX N 470F & EX W 10F & EX E 5F & ALSO TH PT LOT 12 D
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Electric, Ceiling Fan(s), Heat Pump
Building Details
- Building materials
- Wood Frame, Stucco
Listing agent Brian Hines (602) 614-8822
Listing office HomeSmart 8388 E Hartford Dr #100, Scottsdale, AZ (602) 230-7600
Listing date May 18, 2026
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- City licensed 10‑bed behavioral health center with potential to add more beds
- 1‑acre property formerly home of Hospice of Arizona for 30 years
- 3 shower rooms and 6 half bathrooms
- Residential zoning; currently set up for ADL or behavioral health rehabilitation
- Circular pool and patio spaces with fountains
- Utilities and systems: natural gas forced‑air heating, heat pump and electric cooling, public sewer
Overview
The property is located at 1522 W Myrtle Avenue in Phoenix, Arizona (85021). Public remarks indicate the site is currently zoned residential, even though it is configured for behavioral health rehabilitation.
For buyers or operators seeking a behavioral health or ADL-focused program, the existing configuration centers on both private space and on-site recreation areas, rather than a crowded institutional feel. The current city licensing for 10 beds, along with the described ability to support additional capacity, may align with organizations looking for a setting that blends care-oriented space with outdoor amenities.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $182.0k | $26.40 |
| − Vacancy | −$18.2k | −$2.64 |
| EGI | $163.8k | $23.76 |
| − OpEx | −$65.5k | −$9.50 |
| NOI | $98.3k | $14.26 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.092152
- Latitude
- 33.542496
