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Property profile & analytics
OFF-MARKET
Estimated value
$9,440,000
Assisted living facilities
10323 Olive Ave, Peoria, AZ 85345-7345
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-1283257
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1981
Construction
CONCRETE
Total area
65,076 SF
Lot
1.69 ac (73,572 SF)
Zoning code
RM-1
APN
142-61-006Q
UPID
US07-1283257
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
-
Rio Vista Post Acute And Rehabilitation Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.44M
Blend (final)
Blend
$9.44M
Owner & transaction history
West Olive Health Holdings LLC · 6 yrs held
West Olive Health Holdings LLC
since 2019
2 recorded transactions
Zoning & alternative use
RM-1 · Peoria, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$13.3M
+21.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Peoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Peoria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$11,005,000
Current use
WAREHOUSE, STORAGE
$13,320,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$9.44M
Range $8.50M – $10.38M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$145 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,958
Tax year 2023
Assessed value
$1,116,224
Assessed 2024
Previous assessed
$7,813,100
-85.7% YoY
Effective rate
2.59%
On assessed value
Land market value
$3,832,800
Improvement market value
$6,716,188
Total market value
$10,548,988
Applied tax rate
111,200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
ELECTRIC
Cooling
YES
Buildings
4
Stories
2
Units
4
Total area
65,076 SF
Lot
1.69 ac (73,572 SF)
Zoning code
RM-1
APN
142-61-006Q
UPID
US07-1283257
Jurisdiction
MARICOPA
Zoning & alternative use
RM-1 · Peoria, AZ
Zoning RM-1 · permitted uses
RM-1 · Peoria, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Peoria. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$11.0M
WAREHOUSE, STORAGE
Est. value
$13.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
CONCRETE
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
4
Units
4
Lot
1.69 ac
Current owner
From public records · entity-resolved
West Olive Health Holdings LLC
Entity
Mailing address
29222 RANCHO VIEJO RD STE #127, SAN JUAN CAPISTRANO, CA 92675-1049
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2019
$7,800,000
West Olive Health Holdings LLC
Evangelical Lutheran Good Samaritan
Re-recorded Document
related
$7,800,000 · The Ensign Group INC
May 2, 2019
$7,800,000
West Olive Health Holdings LLC
Evangelical Lutheran Good Samaritan
Special Warranty Deed
$7,800,000 · The Ensign Group INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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