Property profile

1625 72nd St Mesa, AZ 85207

OFF-MARKET
Assisted living facilities
Property ID
US07-0052406
3,798 SF 0.51 ac lot Built 1998
Entity Owned 17-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Construction STEEL FRAME
Total area 3,798 SF
Lot 0.51 ac (22,268 SF)
Zoning code RS-15
APN 218-03-545
UPID US07-0052406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

1625 72nd St Mesa, AZ 85207-2802
Mesa metro Census 420105 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$679k
Blend (final) Blend
$740k

Owner & transaction history

since 2009
7 recorded transactions
2018
Price N/A
2009
$780,000
2008
Price N/A
2007
Price N/A
2006
$775,000
2005
Price N/A
2004
Price N/A

Zoning & alternative use

RS-15 · Mesa, AZ
Zoning description

ctions of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-3.A.1: Development Standards - RS Residential Single Dwelling Districts Standard RS-90 RS-43 RS-35…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Retail stores $995,000 +45.4%
Medical building $995,000 +45.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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