Behavioral Health Recovery
New
For Sale
$1,200,000
1796 W Ray Ln, Apache Junction, AZ 85120
The sale includes the real estate and business licenses for an AHCCCS-approved care facility with an established treatment operation.
Property Size3,130 SF
Price / SF$383.26
Days on Market2
Property Features for 1796 W Ray Ln
General Information
Standard status
Active
Size
3,130 SF
Property subtype
Behavioral Health / Assisted Living
Additional Details
Business Included
Yes
Amenities
solar panels
Building Details
Building Size
3,130 SF
Year Built
1999
Buildings
1
Listing Agency:
COBE Real Estate
Listed By:
Russ Rodgers
(214) 609-4413
Source:
Coberealestate
Added: Oct 30
Last Checked: Oct 30 at 2:37PM
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 COBE Real Estate
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 3,131-square-foot behavioral health and addiction recovery facility was built in 1999 and is licensed for up to 10 people. Its layout includes 8 private rooms, 4 bathrooms, and a consultation and privacy room. Solar panels are installed, and the property and current provider have AHCCCS approval as a behavioral health facility. The sale includes the real estate and business licenses. Conditional use and related permits are in place.
Key Highlights
- Licensed capacity for up to 10 people
- 3,131‑square‑foot facility built in 1999
- 8 private rooms, 4 bathrooms, and a consultation/privacy room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,830
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,600
$716.6K
Cap Rate 7%
$511,857
$511.9K
Cap Rate 9%
$398,111
$398.1K
Market Conditions
NOI Build-Up for 3,131 SF
Gross rent
$67.6K $21.60/SF
− Vacancy
−$7.9K −$2.53/SF
EGI
$59.7K $19.07/SF
− OpEx
−$23.9K −$7.63/SF
NOI
$35.8K $11.44/SF
Area
Pinal County, AZ
Vacancy
11.70%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,600
Cap Rate 7%
$511,857
Cap Rate 9%
$398,111
Alternative Uses
Best Use
Healthcare Medical
$511.9K
$447.9K – $597.2K
NOI $35,830 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$865.6K
$757.4K – $1.01M
NOI $60,592 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 85120, AZ
30,605
Population
17,430
Households
1.8
Avg Household Size
54
Median Age
14%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
1,325
Density / Sq Mi
$53,921
Median Household Income
$35,155
Median Earnings
$958
Median Rent
$162,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Rehabilitation center - The sale includes the real estate and business licenses for an AHCCCS-approved care facility with an established treatment operation.
Where is this rehabilitation center located?
The property is located at 1796 W Ray Ln Apache Junction, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Licensed capacity for up to 10 people; 3,131‑square‑foot facility built in 1999; 8 private rooms, 4 bathrooms, and a consultation/privacy room
