Property profile

18120 53rd Ln Glendale, AZ 85308

OFF-MARKET
Assisted living facilities
Property ID
US07-0694595
2,555 SF 0.24 ac lot Built 1996
Individually Owned 11-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1996
Construction FRAME
Total area 2,555 SF
Lot 0.24 ac (10,528 SF)
Zoning code R-7
APN 200-49-704
UPID US07-0694595

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

18120 53rd Ln Glendale, AZ 85308-1325
Glendale metro Census 618000 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
$672k
Blend (final) Blend
$675k

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2006
$405,000
2000
$188,000
1996
$173,514
1996
Price N/A
1996
Price N/A
1996
Price N/A

Zoning & alternative use

R-7 · Glendale, AZ
Top alternative use upside
Auto repair, garage $1.1M +66.7%
Commercial (general) $785,000 +16.6%
Neighborhood: shopping center $740,000 +9.9%

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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