Property profile

1880 Van Buren St Phoenix, AZ 85006

OFF-MARKET
Assisted living facilities
Property ID
US07-2294093
83,493 SF 2.78 ac lot Built 2015
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2015
Construction STEEL FRAME
Total area 83,493 SF
Lot 2.78 ac (121,034 SF)
Zoning code C-2
APN 116-17-158A
UPID US07-2294093

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
  • Nursing Home

Location

1880 Van Buren St Phoenix, AZ 85006-3742
Phoenix metro Census 113301 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
$27.31M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2025
Last sale
$22.4M
7 recorded transactions
2026
Price N/A
2025
$22.4M
2025
$1.7M
2025
Price N/A
2023
Price N/A
2017
$126.8M
2016
Price N/A

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $35.3M +86.5%
Office building $25.1M +32.5%
Medical building $22.2M +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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