Four-Bedroom Assisted Living
New
For Sale
Contact for pricing
3204 W Quail Track Dr, Phoenix, AZ 85083
The residence may also accommodate behavioral group home use, with licensing to be completed by the tenant.
Property Size2,951 SF
Price / SF$1.52
Days on Market6
Property Features for 3204 W Quail Track Dr
General Information
Standard status
Active
Size
2,951 SF
Property subtype
Commercial
Zoning
6-10
Site & Location
Neighborhood
North Gateway
Listing Agency:
West USA Realty
Listed By:
Mihaela Phillips · License #SA698081000
(602) 920-0048
Source:
Allarizonahomesforsale
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 6:00PM
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 West USA Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,951-square-foot residence has four bedrooms and two bathrooms. Its layout is identified for potential assisted living or behavioral group home use, with the tenant responsible for licensing.
Key Highlights
- 2,951 square feet
- Four bedrooms and two bathrooms
- Potential use for assisted living or a behavioral group home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,419
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,380
$688.4K
Cap Rate 7%
$491,700
$491.7K
Cap Rate 9%
$382,433
$382.4K
Market Conditions
NOI Build-Up for 2,951 SF
Gross rent
$66.6K $22.56/SF
− Vacancy
−$4.0K −$1.35/SF
EGI
$62.6K $21.21/SF
− OpEx
−$28.2K −$9.54/SF
NOI
$34.4K $11.66/SF
Area
Phoenix, AZ
Vacancy
6.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,380
Cap Rate 7%
$491,700
Cap Rate 9%
$382,433
Alternative Uses
Best Use
Apartment 5plus
$491.7K
$430.2K – $573.7K
NOI $34,419 @ 7.0% cap · market cap 764.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.9K
$782.2K – $1.04M
NOI $62,572 @ 7.0% cap · market cap 1,390.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85083, AZ
20,898
Population
6,947
Households
3
Avg Household Size
39
Median Age
52%
College-Educated
97%
High-School Grad
19.9 sq mi
ZIP Area
1,050
Density / Sq Mi
$157,437
Median Household Income
$73,300
Median Earnings
$2,115
Median Rent
$572,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Assisted living facility - The residence may also accommodate behavioral group home use, with licensing to be completed by the tenant.
Where is this assisted living facility located?
The property is located at 3204 W Quail Track Dr Phoenix, AZ.
What are key features of this property?
This property features: 2,951 square feet; Four bedrooms and two bathrooms; Potential use for assisted living or a behavioral group home
