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Assisted Living Facility Opportunity

22222 W Gardenia Dr Buckeye, AZ 85326

22222 W Gardenia Dr, Buckeye, AZ, 85326
$599,950
For Sale
Claim this Listing
$599,950

Property zoned for assisted living, prime location, excellent opportunity.

Property Size2,500 SF
Price / SF$239.98
AddedApr 16
Days on Market92
Last RefreshJul 15 at 8:40 pm

Property Features for 22222 W Gardenia Dr

General Information

Standard status
Active
Size
2,500 SF
Property subtype
Business Opportunity

Listing office Delex Realty

Listing date Apr 16, 2026

Source Exprealty

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 Delex Realty


Investment Insights

Based on property information with market context.

This property is zoned for assisted living home use and was previously licensed as an assisted living facility. It presents an opportunity for group homes, assisted living, behavioral health facilities, or foster care operations. The property includes 6 bedrooms, featuring 2 primary suites, and 3.5 bathrooms, including one ADA-compliant bathroom with a walk-in shower. The kitchen is equipped with granite countertops, a backsplash, and stainless steel appliances. The property is located near Watson Road and the upcoming Vestar Mall at Verrado, in proximity to the Sundance Adult Village 55+ neighborhood. The property size is 2500 square feet.

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
2,500 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$403.1K
$352.7K – $470.3K (±1% cap)
NOI $28,215 @ 7.0% cap · market cap 4.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$773.3K
$676.7K – $902.2K (±1% cap)
NOI $54,132 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Assisted living facilities

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant HVAC Service Pharmacy Building Supply Electrical Service Kitchen & Bath Showroom Bakery

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • 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

FAQs

What type of property is this?
Assisted living facility - Property zoned for assisted living, prime location, excellent opportunity.
Where is this assisted living facility located?
The property is located at 22222 W Gardenia Dr Buckeye, AZ.
What is the asking price?
The asking price for this property is $599,950.
What are key features of this property?
This property features: 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.
Contact an agent
More about this property
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