10-Resident Assisted Living
For Sale
$1,850,000
Pending
1234 E Assisted Living Road, Phoenix, AZ 85086
Business Opportunity, Phoenix, AZ
Property Size6,469 SF
Lot Size2.00 Acres
Days on Market122
Property Features for 1234 E Assisted Living Road
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
APN
000-00-000
Size
6,469 SF
Lot size
2.00 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Cooling system
Electric, Multi Units, Central Air, Ceiling Fan(s)
Water source
Well
Building Details
Building materials
Stucco, Block
Listing Agency:
Compass
(480) 776-1555
Listed By:
Taylor D. Mason
(435) 654-8967
Added: Jun 26
Changed: Oct 25
Last Checked: Oct 25 at 4:06PM
MLS# 7046937
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,469-square-foot assisted living facility occupies a 2-acre parcel. The operating care home is licensed for 10 residents and has 100% occupancy. Stucco and block construction is complemented by forced-air heating and electric cooling, including central air and ceiling fans. Water is supplied by a well, with septic service on site.
Architectural plans are complete for a proposed expansion to accommodate 15 residents. The transaction includes both the operating business and the real estate.
Architectural plans are complete for a proposed expansion to accommodate 15 residents. The transaction includes both the operating business and the real estate.
Key Highlights
- Licensed for 10 residents with 100% occupancy
- 6,469 square feet on 2 acres
- Completed architectural plans for a 15‑resident expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,451
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,020
$1.5M
Cap Rate 7%
$1,077,871
$1.1M
Cap Rate 9%
$838,344
$838.3K
Market Conditions
NOI Build-Up for 6,469 SF
Gross rent
$145.9K $22.56/SF
− Vacancy
−$8.8K −$1.35/SF
EGI
$137.2K $21.21/SF
− OpEx
−$61.7K −$9.54/SF
NOI
$75.5K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,509,020
Cap Rate 7%
$1,077,871
Cap Rate 9%
$838,344
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$943.1K – $1.26M
NOI $75,451 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,166 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85086, AZ
43,223
Population
17,213
Households
2.5
Avg Household Size
45
Median Age
42%
College-Educated
97%
High-School Grad
61.3 sq mi
ZIP Area
705
Density / Sq Mi
$118,543
Median Household Income
$62,626
Median Earnings
$2,177
Median Rent
$554,100
Median Home Value
Similar Off Market Nearby
- Cloud Resort — 3126 W Cloud Rd, Phoenix, AZ 85086
- Desert Haven LLC — 2427 W Desert Hills Estate Dr, Phoenix, AZ 85086
Frequently Asked Questions
What type of property is this?
Assisted living facility - The sale includes the operating care business and its underlying real estate.
Where is this assisted living facility located?
The property is located at 1234 E Assisted Living Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Licensed for 10 residents with 100% occupancy; 6,469 square feet on 2 acres; Completed architectural plans for a 15‑resident expansion
