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Property profile & analytics
OFF-MARKET Estimated value $205,000
Assisted living facilities

1029 Sericin Mesa, AZ 85205-6028

2,568 SF 0.2 ac lot Built 1988
Individually Owned 4-yr Hold
Property ID
US07-3290974
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1988
Construction CONCRETE BLOCKS
Total area 2,568 SF
Lot 0.2 ac (8,520 SF)
Zoning code RS-7
APN 141-86-669
UPID US07-3290974
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
Current use
Occupant on record · Public records
  • Lending Hand Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k
Owner & transaction history
Edwin D Valderama & Melanie B Valde · 4 yrs held
Edwin D Valderama & Melanie B Valde
since 2022
Last sale
$200,000
7 recorded transactions
2022
Price N/A
2017
Price N/A
2005
$200,000
2002
$170,000
1993
$97,400
1988
$92,500
1969
Price N/A
Zoning & alternative use
RS-7 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Where the rear lot line of a lot in the RS-7 or RS-6 District directly abuts the right-of-way of an arterial street: i. The minimum lot depth shall be increased by an additional 10 feet; except: ii. Rear lot lines separated from arterial street right-of-way by a dedicated tract of land with a depth of 10 or more feet are excluded from this requirement. 2. Ad…

Zone name Residential Single Dwelling 7
General category CIVIC_INSTITUTIONAL
Zone area 5,851.84 ac
Source code of ordinances
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