505 Belltower Dr, Green Valley, AZ 85614
This exceptional 8.3-acre parcel, located at 505 W Belltower Dr, Green Valley, AZ 85614 (APN 304-76-1590), presents a prime opportunity for the development of an assisted living facility. The land is zoned for commercial use within Pima County and offers significant potential for a substantial project. Preliminary plans suggest the site could accommodate a congregate care facility, offering assisted living, independent living (with services), totaling approximately 85 units and 170 beds. Each unit is projected to be 500 square feet. This translates to an attractive price-per-unit of $15,294 and a price-per-bed of $7,647, based on the asking price of $1,300,000. The expansive 361,253 square foot lot provides ample space for the development of a comprehensive and modern assisted living community. This is a rare opportunity to acquire a large, well-located parcel ideally suited for this in-demand senior care facility type. The property's location in Green Valley, Arizona offers access to a growing population and a strong market for senior living services. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.