Buckeye Assisted Living
22222 W Gardenia Drive Buckeye, AZ 85326
For Sale
$599,950
COMMERCIAL - Buckeye, AZ
Property Size2,500 SF
Price / SF$239.98
Days on Market105
Property Features for 22222 W Gardenia Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Structure
Standard status
Active
APN
504-21-700
Size
2,500 SF
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Listing Agency:
Delex Realty
(602) 910-3002
Listed By:
Octavian Curpas · License #SA565521000
(602) 400-6031
Added: Apr 15
Changed: Jul 25
Last Checked: Jul 28 at 12:06PM
MLS# 7014511
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property, located in Buckeye, AZ, 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 spans 2500 square feet and features 6 bedrooms, including 2 primary suites, and 3.5 bathrooms, one of which is ADA compliant with a walk-in shower. The kitchen includes new granite countertops, a stylish backsplash, and stainless steel appliances. The property is located near Watson Road and the upcoming Vestar Mall at Verrado, and is in proximity to the Sundance Adult Village 55+ neighborhood.
Key Highlights
- Zoned for assisted living home use; previously licensed as an assisted living facility
- 6 bedrooms, including 2 primary suites
- 3.5 bathrooms; includes an ADA‑compliant bathroom with a walk‑in shower
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
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
NOI $54,132 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Bloom Assisted Living — 695 s 221st dr, buckeye, az 85326
Frequently Asked Questions
What type of property is this?
Assisted living facility - Assisted living facility near Watson Road and upcoming Vestar Mall.
Where is this assisted living facility located?
The property is located at 22222 W Gardenia Drive 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 for assisted living home use; previously licensed as an assisted living facility; 6 bedrooms, including 2 primary suites; 3.5 bathrooms; includes an ADA‑compliant bathroom with a walk‑in shower
