Property profile

23733 Scottsdale Rd Scottsdale, AZ 85255

OFF-MARKET
Assisted living facilities
Property ID
US07-2497290
131,048 SF 4.5 ac lot Built 2018
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2018
Construction STEEL FRAME
Total area 131,048 SF
Lot 4.5 ac (195,952 SF)
Zoning code C-2
APN 212-05-574
UPID US07-2497290

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
  • Real Estate Agency
  • Nursing Home Retirement Community

Location

23733 Scottsdale Rd Scottsdale, AZ 85255-3465
Scottsdale metro Census 216840 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
$51.13M
Blend (final) Blend
$50.14M

Owner & transaction history

since 2022
Last sale
$62.6M
5 recorded transactions
2022
$62.6M
2015
$8.5M
2005
$12.7M
2005
$13.8M
2005
$10

Zoning & alternative use

C-2 · Scottsdale, AZ
Zoning description

R) • None required when abutting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $64.1M +55.7%
Retail stores $60.4M +46.7%
Auto repair, garage $54.0M +31.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23733 Scottsdale Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message