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Property profile & analytics
OFF-MARKET
Commercial real estate

0 Glendale 85301 Glendale, AZ 85301

1,935 SF Built 1960
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1-unit, single-story assisted living or behavioral health home in Glendale, Arizona. Built in 1960, the property boasts 1,935 square feet of well-maintained space, situated on a single lot in Maricopa County, zip code 85301. The property is zoned for residential single-family adult care homes, offering a solid foundation for continued operation or repurposing. The home's interior features four spacious bedrooms, an office, an air-conditioned bonus room, an open kitchen, and remodeled bathrooms equipped with roll-in showers and grab bars. Modern security is in place with cameras and a monitoring system throughout the building. The asking price is $480,000, translating to $248.06 per square foot and $480,000 per unit. This property presents a unique chance to acquire a well-located, established facility with significant potential for growth and return on investment in a thriving Arizona market. The property's previous use as a licensed assisted living and behavioral health home for up to 10 residents provides a clear understanding of its operational capacity and potential. Its convenient Glendale location offers easy access to essential amenities and services, further enhancing its appeal to potential residents and investors alike. This is a rare opportunity to acquire a turnkey operation or a solid foundation for a new venture in a high-demand sector.

Property profile
Verified
Property type Commercial real estate
Year built 1960
Total area 1,935 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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