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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Assisted living facilities
10617 Oasis Dr Mesa, AZ 85208-5709
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US07-1581909
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2013
Construction
STEEL FRAME
Total area
11,215 SF
Lot
1.03 ac (44,891 SF)
Zoning code
RM-3
APN
220-72-722
UPID
US07-1581909
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
-
Freestone Rehabilitation Center Medical Clinic
-
Copa Health Freestone Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$2.55M
Owner & transaction history
Village Of Oasis Park-phase II In
Village Of Oasis Park-phase II In
2 recorded transactions
Zoning & alternative use
RM-3 · Mesa, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
fer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-5: Development Standards - RM Residential Multiple Dwelling Districts Standard RM-2 RM-3 RM-4 RM-5 Additional Standards Minimum Lot Area (sq. ft.) 7,200 6,000 6,000 6,000 Minimum Lot Width (ft.) Single Residence - Detached 3…
Zone name
Residential Multiple Dwelling 3
General category
MIXED_USE
Zone area
1,526.61 ac
Source
code of ordinances
Top alternative use upside
Neighborhood: shopping center
$3.5M
+72.8%
Retail stores
$2.9M
+45.4%
Medical building
$2.9M
+45.3%
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 Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mesa 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)
$2,020,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,495,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$2,940,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$2,935,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$1,930,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±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
$227 / 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
Assessed value
$287,670
Assessed 2024
Previous assessed
$288,045
-0.1% YoY
Land market value
$355,900
Improvement market value
$1,561,900
Total market value
$1,917,800
Applied tax rate
41,000.0000
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
2013
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
11,215 SF
Lot
1.03 ac (44,891 SF)
Zoning code
RM-3
APN
220-72-722
UPID
US07-1581909
Jurisdiction
MARICOPA
Zoning & alternative use
RM-3 · Mesa, AZZoning RM-3 · permitted uses
RM-3 · Mesa, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
fer to other sections of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-5: Development Standards - RM Residential Multiple Dwelling Districts Standard RM-2 RM-3 RM-4 RM-5 Additional Standards Minimum Lot Area (sq. ft.) 7,200 6,000 6,000 6,000 Minimum Lot Width (ft.) Single Residence - Detached 36 30 25 - Single Residence - Attached 36 25 25 25 Multiple Residence 60 60 60 60 Min
Zone name
Residential Multiple Dwelling 3
General category
MIXED_USE
Zone area
1,526.61 ac
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.9M
OFFICE BUILDING
Est. value
$1.9M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
2013
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Village Of Oasis Park-phase II In
Individual
Mailing address
924 N COUNTRY CLB DR, MESA, AZ 85201-4108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
Village Of Oasis Park-phase II In
—
Deed Of Trust
related
$1,974,300 · Hud
—
—
Village Of Oasis Park-phase II In
—
Deed Of Trust
related
$140,000 · Alliance Bank Of Arizona
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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