Licensed 10-Bed Assisted Living
For Sale
$1,390,000
20500 N 80, Peoria, AZ 85382
Operating residential care property with trained staff, established vendors, and documented care procedures in place.
Property Size3,741 SF
Price / SF$371.56
Days on Market78
Property Features for 20500 N 80
General Information
Standard status
Active
Size
3,741 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Listing Agency:
Realty Executives Arizona Territory
Listed By:
Lidia Tohatan
(480) 559-0595
Source:
Greaterphoenixhomelistings
Added: Aug 4
Changed: Oct 1
Last Checked: Oct 19 at 6:52AM
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 Realty Executives Arizona Territory
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,741-square-foot property houses a licensed residential assisted living operation with 10 beds. The offering combines the real estate with an established care business, trained staff, existing vendor relationships, and operating procedures supporting day-to-day resident services.
Located in Peoria, Arizona, the facility is positioned near medical centers, shopping, and freeway access. The operation has a history of high occupancy and is functioning with its staffing and vendor framework already established.
Located in Peoria, Arizona, the facility is positioned near medical centers, shopping, and freeway access. The operation has a history of high occupancy and is functioning with its staffing and vendor framework already established.
Key Highlights
- 3,741‑square‑foot assisted living property
- Licensed residential facility with 10 beds
- Real estate and established operating business included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,931
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,620
$838.6K
Cap Rate 7%
$599,014
$599.0K
Cap Rate 9%
$465,900
$465.9K
Market Conditions
NOI Build-Up for 3,741 SF
Gross rent
$82.2K $21.96/SF
− Vacancy
−$5.9K −$1.58/SF
EGI
$76.2K $20.38/SF
− OpEx
−$34.3K −$9.17/SF
NOI
$41.9K $11.21/SF
Area
Peoria, AZ
Vacancy
7.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,620
Cap Rate 7%
$599,014
Cap Rate 9%
$465,900
Alternative Uses
Best Use
Apartment 5plus
$599.0K
$524.1K – $698.9K
NOI $41,931 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$921.1K
$805.9K – $1.07M
NOI $64,474 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85382, AZ
42,576
Population
19,796
Households
2.2
Avg Household Size
45
Median Age
38%
College-Educated
93%
High-School Grad
9.9 sq mi
ZIP Area
4,301
Density / Sq Mi
$93,387
Median Household Income
$53,864
Median Earnings
$1,875
Median Rent
$408,000
Median Home Value
Similar Off Market Nearby
- Arrowhead Senior Living — 7886 W Piute Ave, Glendale, AZ 85308
- Horizon Assisted Living Home LLC — 19728 N 79th Ave, Glendale, AZ 85308
- Brookdale Union Hills — 20025 N 81st Ave, Peoria, AZ 85382
- Silver Crown Assisted Living Home — 20706 N 74th Ln, Glendale, AZ 85308
- Prince of Peace Assisting Living — 8262 W Adam Ave, Peoria, AZ 85382
Frequently Asked Questions
What type of property is this?
Assisted living facility - Operating residential care property with trained staff, established vendors, and documented care procedures in place.
Where is this assisted living facility located?
The property is located at 20500 N 80 Peoria, AZ.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 3,741‑square‑foot assisted living property; Licensed residential facility with 10 beds; Real estate and established operating business included
