Property profile

2437 Chipman Rd Phoenix, AZ 85040

OFF-MARKET
Assisted living facilities
Property ID
US07-0931925
2,006 SF 0.17 ac lot Built 2003
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2003
Construction FRAME
Total area 2,006 SF
Lot 0.17 ac (7,619 SF)
Zoning code R-3
APN 122-54-035
UPID US07-0931925

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

2437 Chipman Rd Phoenix, AZ 85040-2629
Phoenix metro Census 116100 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
$345k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2014
Price N/A
2003
Price N/A
2002
$1,000

Zoning & alternative use

R-3 · Phoenix, AZ
Zoning description

The purpose of R-3 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category RESIDENTIAL

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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