22222 W Gardenia Dr Buckeye, AZ 85326
Property zoned for assisted living, prime location, excellent opportunity.
Property Features for 22222 W Gardenia Dr
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Business Opportunity
Listing office Delex Realty (602) 400-6031
Listing date Apr 16, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Zoned and previously licensed for assisted living, ideal for various care facilities.
- Prime location near Watson Road and the future Vestar Mall at Verrado.
- Six spacious bedrooms, including two primary suites.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $21.60 |
| − Vacancy | −$2.7k | −$1.08 |
| EGI | $51.3k | $20.52 |
| − OpEx | −$23.1k | −$9.23 |
| NOI | $28.2k | $11.29 |
Alternative Uses
Property Analytics
Current Use by Public Records
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- Assisted Living Home | Gardenia Care LLC — 23026 W Gardenia Dr, Buckeye, AZ 85326
- Sundance Adult Community — 23169 W Arrow Dr, Buckeye, AZ 85326, United States