Assisted Living
For Sale
Contact for pricing
15825 N 19th Pl, Phoenix, AZ 85022
Licensed for residential assisted living, with behavioral health licensure pending and operations currently inactive.
Property Size3,646 SF
Price / SF$287.99
Days on Market189
Property Features for 15825 N 19th Pl
General Information
Standard status
Active
Size
3,646 SF
Class
B
Property subtype
Senior Living, Special Purpose
Zoning
R-10
Building Details
Year Built
1980
Buildings
1
Stories
1
Listing Agency:
EXP Realty
Listed By:
Jake Crawford · License #SA646424000
(480) 766-2973
Source:
Crexi
Added: Apr 9
Changed: Oct 6
Last Checked: Oct 12 at 9:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty
Investment Insights
Based on property information with market context.
The 3,646-square-foot assisted living facility at 15825 N 19th Pl in Phoenix, Arizona, was built in 1980. The property is not currently operational, allowing a qualified operator or owner-user to evaluate its existing configuration and determine an appropriate renovation or reconfiguration plan.
Residential assisted living licensure is in place, while behavioral health licensure remains pending. The property is zoned R-10. Any future use, licensing, renovation scope, and operating model should be independently evaluated before proceeding.
Residential assisted living licensure is in place, while behavioral health licensure remains pending. The property is zoned R-10. Any future use, licensing, renovation scope, and operating model should be independently evaluated before proceeding.
Key Highlights
- 3,646‑square‑foot assisted living facility
- Built in 1980
- Licensed for residential assisted living
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,525
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,500
$850.5K
Cap Rate 7%
$607,500
$607.5K
Cap Rate 9%
$472,500
$472.5K
Market Conditions
NOI Build-Up for 3,646 SF
Gross rent
$82.3K $22.56/SF
− Vacancy
−$4.9K −$1.35/SF
EGI
$77.3K $21.21/SF
− OpEx
−$34.8K −$9.54/SF
NOI
$42.5K $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%
$850,500
Cap Rate 7%
$607,500
Cap Rate 9%
$472,500
Alternative Uses
Best Use
Apartment 5plus
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$966.4K – $1.29M
NOI $77,308 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85022, AZ
51,314
Population
25,020
Households
2.1
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
5,459
Density / Sq Mi
$66,601
Median Household Income
$45,875
Median Earnings
$1,517
Median Rent
$385,900
Median Home Value
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Similar Off Market Nearby
- Ambiance Assisted Living Home — 2101 E Everett Dr, Phoenix, AZ 85022
- Lookout Mountain Assisted Living — 15014 N 20th St, Phoenix, AZ 85022
- A Compassionate Helper Home Care — North Cave Creek Road 14820 Ste 18, Phoenix, AZ 85032
- Family Affair Adult Care Home — 15801 N 19th Pl, Phoenix, AZ 85022
- Desert Comfort Assisted Living Home — 15873 N 18th St, Phoenix, AZ 85022
Frequently Asked Questions
What type of property is this?
Assisted living facility - Licensed for residential assisted living, with behavioral health licensure pending and operations currently inactive.
Where is this assisted living facility located?
The property is located at 15825 N 19th Pl Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,646‑square‑foot assisted living facility; Built in 1980; Licensed for residential assisted living
