Property profile

20706 74th Ln Glendale, AZ 85308

OFF-MARKET
Assisted living facilities
Property ID
US07-0524006
2,107 SF 0.16 ac lot Built 1999
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1999
Construction FRAME
Total area 2,107 SF
Lot 0.16 ac (6,815 SF)
Zoning code R1-6
APN 231-23-536
UPID US07-0524006

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

20706 74th Ln Glendale, AZ 85308-9661
Glendale metro Census 614100 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
$631k
Blend (final) Blend
$740k

Owner & transaction history

since 2021
Last sale
$600,000
7 recorded transactions
2021
$600,000
2018
$550,000
2011
$130,000
2006
$330,000
1999
Price N/A
1999
$143,590
1969
Price N/A

Zoning & alternative use

R1-6 · Glendale, AZ
Zoning description

R1-10, R1-8, R1-7, R1-6, R1-4 (Urban Residential 10, 8, 7, 6, & 4): These zoning districts do not allow for horses or any other livestock including swine and chickens. PAD (Planned Area Development): Please contact the P…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Auto repair, garage $925,000 +66.7%
Commercial (general) $645,000 +16.6%
Neighborhood: shopping center $610,000 +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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