Property profile

2190 Grace Blvd Chandler, AZ 85225

OFF-MARKET
Assisted living facilities
Property ID
US07-0396159
53,964 SF 6.81 ac lot Built 1987
Individually Owned 23-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1987
Construction STEEL FRAME
Total area 53,964 SF
Lot 6.81 ac (296,818 SF)
Zoning code C-3
APN 302-28-005G
UPID US07-0396159

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
  • Hospital
  • Physician
  • Physician
  • Pediatrician Physician
  • Physician

Location

2190 Grace Blvd Chandler, AZ 85225-3416
Chandler metro Census 422209 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
$17.72M
Blend (final) Blend
$2.74M

Owner & transaction history

since 2003
7 recorded transactions
2013
Price N/A
2012
Price N/A
2011
Price N/A
2006
Price N/A
2004
Price N/A
2003
Price N/A
2000
Price N/A

Zoning & alternative use

C-3 · Chandler, AZ
Zoning description

ordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1305. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIV. -…

General category COMMERCIAL
Top alternative use upside
Restaurant $28.0M +119.9%
Retail stores $24.4M +91.5%
Auto repair, garage $20.8M +63.2%

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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