Property profile

2122 106th Pl 5 Mesa, AZ 85209

OFF-MARKET
Assisted living facilities
Property ID
US07-3219099
3,081 SF 0.34 ac lot Built 2004
Individually Owned 2-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2004
Construction FRAME
Total area 3,081 SF
Lot 0.34 ac (14,898 SF)
Zoning code RS-7
APN 312-11-483
UPID US07-3219099

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

2122 106th Pl, Unit 5 Mesa, AZ 85209-1550
Mesa metro Census 422651 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$531k
Blend (final) Blend
$650k

Owner & transaction history

since 2024
Last sale
$650,000
7 recorded transactions
2024
Price N/A
2024
$650,000
2014
Price N/A
2006
Price N/A
2005
Price N/A
2005
$460,000
2004
$250,313

Zoning & alternative use

RS-7 · Mesa, AZ
Zoning description

Where the rear lot line of a lot in the RS-7 or RS-6 District directly abuts the right-of-way of an arterial street: i. The minimum lot depth shall be increased by an additional 10 feet; except: ii. Rear lot lines separa…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Neighborhood: shopping center $960,000 +72.8%
Retail stores $810,000 +45.4%
Medical building $805,000 +45.3%

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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