Mixed-Use Home with Assisted
44444 N 83rd Dr, Peoria, AZ 85383
For Sale
New
$799,000
The two-level layout places an assisted-living configuration below separate upstairs living quarters.
Property Size4,144 SF
Price / SF$192.81
Days on Market7
Property Features for 44444 N 83rd Dr
General Information
Standard status
Size
Property subtype
Listing Agency:
DeLex Realty
Listed By:
Octavian Curpas · License #SA565521000
(602) 400-6031
Source:
Myphoenixhomesource
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 8:52AM
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
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Investment Insights
Based on property information with market context.
This two-level mixed-use property is configured with an assisted-living area on the main floor and private living space above. The main level has four bedrooms, two bathrooms, two walk-in showers, and living, dining, and kitchen areas. Upstairs are four more bedrooms, two bathrooms, and two lofts. In total, the home includes eight bedrooms and four bathrooms.
The property is in North Peoria, near shopping and medical facilities, including Abrazo Peoria Emergency Center. Its existing arrangement also supports multigenerational living.
The property is in North Peoria, near shopping and medical facilities, including Abrazo Peoria Emergency Center. Its existing arrangement also supports multigenerational living.
Key Highlights
- Main floor configured for assisted living, with 4 bedrooms and 2 bathrooms
- Upstairs living area includes 4 bedrooms, 2 bathrooms, and 2 lofts
- Two walk‑in showers on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,944
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,880
$1.1M
Cap Rate 7%
$799,200
$799.2K
Cap Rate 9%
$621,600
$621.6K
Market Conditions
NOI Build-Up for 4,144 SF
Gross rent
$99.5K $24.00/SF
− Vacancy
−$9.9K −$2.40/SF
EGI
$89.5K $21.60/SF
− OpEx
−$33.6K −$8.10/SF
NOI
$55.9K $13.50/SF
Area
Peoria, AZ
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,880
Cap Rate 7%
$799,200
Cap Rate 9%
$621,600
Alternative Uses
Best Use
Mixed Use
$799.2K
$699.3K – $932.4K
NOI $55,944 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$663.5K
$580.6K – $774.1K
NOI $46,448 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.02M
$892.7K – $1.19M
NOI $71,419 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 85383, AZ
69,617
Population
25,570
Households
2.7
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
156.8 sq mi
ZIP Area
444
Density / Sq Mi
$138,671
Median Household Income
$67,745
Median Earnings
$2,371
Median Rent
$607,700
Median Home Value
Market
Properties on Market for Mixed-use properties in Maricopa County
Frequently Asked Questions
What type of property is this?
Mixed-use property - The two-level layout places an assisted-living configuration below separate upstairs living quarters.
Where is this mixed-use property located?
The property is located at 44444 N 83rd Dr Peoria, AZ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Main floor configured for assisted living, with 4 bedrooms and 2 bathrooms; Upstairs living area includes 4 bedrooms, 2 bathrooms, and 2 lofts; Two walk‑in showers on the main level
