Assisted Living
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1812 W Horsetail Trl, Phoenix, AZ 85085
The property is designated for assisted living or behavioral health use, with the occupant responsible for securing a license.
Property Size2,968 SF
Price / SF$1.52
Days on Market6
Property Features for 1812 W Horsetail Trl
General Information
Standard status
Active
Size
2,968 SF
Property subtype
Commercial
Zoning
6-10 bed, assisted living or behavioral health
Site & Location
Neighborhood
North Gateway
Listing Agency:
West USA Realty
Listed By:
Mihaela Phillips · License #SA698081000
(602) 920-0048
Source:
Searchphxproperties
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 5:32PM
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 West USA Realty
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Investment Insights
Based on property information with market context.
The 2,968-square-foot property has five bedrooms and three bathrooms. Its stated use designation allows for a 6–10-bed assisted living or behavioral health operation.
The occupant is responsible for obtaining the required license.
The occupant is responsible for obtaining the required license.
Key Highlights
- 2,968 square feet with five bedrooms and three bathrooms
- Designated for 6–10‑bed assisted living or behavioral health use
- Occupant is responsible for obtaining the license
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,617
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,340
$692.3K
Cap Rate 7%
$494,529
$494.5K
Cap Rate 9%
$384,633
$384.6K
Market Conditions
NOI Build-Up for 2,968 SF
Gross rent
$67.0K $22.56/SF
− Vacancy
−$4.0K −$1.35/SF
EGI
$62.9K $21.21/SF
− OpEx
−$28.3K −$9.54/SF
NOI
$34.6K $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%
$692,340
Cap Rate 7%
$494,529
Cap Rate 9%
$384,633
Alternative Uses
Best Use
Apartment 5plus
$494.5K
$432.7K – $577.0K
NOI $34,617 @ 7.0% cap · market cap 769.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$899.0K
$786.7K – $1.05M
NOI $62,932 @ 7.0% cap · market cap 1,398.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85085, AZ
27,875
Population
12,737
Households
2.2
Avg Household Size
36
Median Age
51%
College-Educated
97%
High-School Grad
38.1 sq mi
ZIP Area
732
Density / Sq Mi
$122,138
Median Household Income
$70,162
Median Earnings
$1,818
Median Rent
$589,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- Abundant Life Assisted Living Home — 31821 N 19th Ln, Phoenix, AZ 85085
- Abundant Life Assisted Living Home II — 2028 W Calle De Sol, Phoenix, AZ 85085
Frequently Asked Questions
What type of property is this?
Assisted living facility - The property is designated for assisted living or behavioral health use, with the occupant responsible for securing a license.
Where is this assisted living facility located?
The property is located at 1812 W Horsetail Trl Phoenix, AZ.
What are key features of this property?
This property features: 2,968 square feet with five bedrooms and three bathrooms; Designated for 6–10‑bed assisted living or behavioral health use; Occupant is responsible for obtaining the license
