Property profile

20240 78th Ave Glendale, AZ 85308

OFF-MARKET
Assisted living facilities
Property ID
US07-2548808
187,392 SF 10.36 ac lot Built 2018
Entity Owned Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2018
Construction STEEL FRAME
Total area 187,392 SF
Lot 10.36 ac (451,192 SF)
Zoning code PAD
APN 200-20-292
UPID US07-2548808

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
  • Retirement Community

Location

20240 78th Ave Glendale, AZ 85308-6198
Glendale metro Census 614100 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$42.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
$58.72M
Blend (final) Blend
$42.65M

Owner & transaction history

since 2025
Last sale
$42.7M
3 recorded transactions
2025
Price N/A
2025
$65.0M
2024
$42.7M

Zoning & alternative use

PAD · Glendale, AZ
Zoning description

Review approved Planned Area Development (PAD) and Planned Residential Development (PRD) Plans. Contact Us Connect with Glendale’s Planning Division for expert guidance on development, zoning, and community planning. FAQ…

General category MIXED_USE
Top alternative use upside
Commercial (general) $57.4M +16.6%
Neighborhood: shopping center $54.2M +9.9%
Retail stores $49.8M +1.1%

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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