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Assisted Living Home with Owner Quarters
New
For Sale
$799,000

44444 N 83rd Drive, Peoria, AZ 85383

Business Opportunity, Peoria, AZ

Property Size4,144 SF
Price / SF$192.81
Days on Market2

Property Features for 44444 N 83rd Drive

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Structure
Subdivision West Wing
Standard status Active
APN 201-06-346
Size 4,144 SF

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Electric

Building Details

Buildings 1
Listing Agency: DeLex Realty
Listed By: Octavian Curpas · License #SA565521000
Added: Nov 2 Last Checked: Nov 3 at 8:06PM
MLS# 7101414

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.

Rey
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Investment Insights

Based on property information with market context.

Configured for assisted living on the main floor, this 4,144-square-foot home includes four bedrooms, two bathrooms, two walk-in showers, and living, dining, and kitchen areas. The upper level contains four more bedrooms, two bathrooms, and two lofts, creating distinct private quarters within the same building. Central heating, electric cooling, ceiling fans, and a parking structure are also provided.

The property is in Peoria, near shopping and medical facilities, including Abrazo Peoria Emergency Center. Public sewer serves the site.

Key Highlights

  • 4,144‑square‑foot building with an assisted‑living layout on the main level
  • Main level has 4 bedrooms, 2 bathrooms, and two walk‑in showers
  • Upstairs includes 4 bedrooms, 2 bathrooms, and 2 lofts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,448
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,960 $929.0K
Cap Rate 7%
$663,543 $663.5K
Cap Rate 9%
$516,089 $516.1K
Market Conditions
NOI Build-Up for 4,144 SF
Gross rent
$91.0K $21.96/SF
− Vacancy
−$6.6K −$1.58/SF
EGI
$84.5K $20.38/SF
− OpEx
−$38.0K −$9.17/SF
NOI
$46.4K $11.21/SF
Area
Peoria, AZ
Vacancy
7.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$928,960
Cap Rate 7%
$663,543
Cap Rate 9%
$516,089

Alternative Uses

Best Use
Apartment 5plus
$663.5K
$580.6K – $774.1K (±1% cap)
NOI $46,448 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$892.7K – $1.19M (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Hair Salon Restaurant Spa & Massage Center HVAC Service Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
Under-served
Demand for This Use

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
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 - A two-level layout separates downstairs care space from upstairs private living areas.
Where is this assisted living facility located?
The property is located at 44444 N 83rd Drive 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: 4,144‑square‑foot building with an assisted‑living layout on the main level; Main level has 4 bedrooms, 2 bathrooms, and two walk‑in showers; Upstairs includes 4 bedrooms, 2 bathrooms, and 2 lofts
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