Property profile

2501 Corrine Dr Phoenix, AZ 85029

OFF-MARKET
Assisted living facilities
Property ID
US07-2557494
2,566 SF 0.17 ac lot Built 1962
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1962
Construction CONCRETE BLOCKS
Total area 2,566 SF
Lot 0.17 ac (7,463 SF)
Zoning code R1-6
APN 149-48-020
UPID US07-2557494

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 Social Service Agency

Location

2501 Corrine Dr Phoenix, AZ 85029-2510
Phoenix metro Census 103900 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
$435k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2009
$52,000
2009
$46,750
2006
$219,900
1994
$60,000
1993
$60,000

Zoning & alternative use

R1-6 · Phoenix, AZ
Zoning description

The purpose of R1-6 is to foster the creation of living areas which can assist the establishment of stable, functional neighborhoods and an established pattern of living in this metropolitan area reflects a tradition of…

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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