Property profile

18006 6th Dr Phoenix, AZ 85023

OFF-MARKET
Assisted living facilities
Property ID
US07-0023048
2,433 SF 0.17 ac lot Built 1997
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1997
Construction FRAME
Total area 2,433 SF
Lot 0.17 ac (7,490 SF)
Zoning code R-3
APN 208-02-458
UPID US07-0023048

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
  • Geriatric Care Provider Nursing Home
  • Crisis Center Medical Clinic

Location

18006 6th Dr Phoenix, AZ 85023-6489
Phoenix metro Census 618900 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$478k
Blend (final) Blend
$505k

Owner & transaction history

since 2019
Last sale
$500,000
5 recorded transactions
2019
$300,000
2010
Price N/A
2003
Price N/A
2003
$195,000
1997
$140,800

Zoning & alternative use

R-3 · Phoenix, AZ
Zoning description

The purpose of R-3 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category RESIDENTIAL
Top alternative use upside
Office building $730,000 +32.5%
Retail stores $725,000 +31.5%
Medical building $645,000 +17.2%

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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