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    OFF-MARKET
    Land

    505 Belltower Dr, Green Valley, AZ 85614

    8.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 8.3 ac (361,548 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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