Search
Licensed 10-Bed Assisted Living Facility
New
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 Market4

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
Source: Findallphoenixhomelistings
Added: Sep 1 Changed: Sep 4 Last Checked: Sep 4 at 2:35PM

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

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.

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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,931
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.02%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 (±1% cap)
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 (±1% cap)
NOI $64,474 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Law Firm Electrical Service Building Supply Barber Shop Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
Balanced
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message