Property profile

2042 Sossaman Rd Mesa, AZ 85207

OFF-MARKET
Assisted living facilities
Property ID
US07-2673345
3,594 SF 0.51 ac lot Built 1983
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1983
Construction CONCRETE BLOCKS
Total area 3,594 SF
Lot 0.51 ac (22,200 SF)
Zoning code RS-15
APN 219-25-087A
UPID US07-2673345

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

2042 Sossaman Rd Mesa, AZ 85207-2015
Mesa metro Census 420109 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
by Request
Blend (final) Blend
$1.09M

Owner & transaction history

since 2022
Last sale
$1.1M
7 recorded transactions
2022
$1.1M
2020
Price N/A
2019
Price N/A
2017
Price N/A
2007
Price N/A
2003
$322,700
2001
$257,000

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
Auto repair, garage $1.6M +144.5%
Neighborhood: shopping center $1.1M +72.8%
Retail stores $940,000 +45.4%

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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