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Property profile & analytics
OFF-MARKET
Assisted living facilities
2620 68th St, Scottsdale, AZ 85257-1202
Entity Owned
Free & Clear
Property ID
US07-0959712
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1977
Construction
STEEL FRAME
Total area
903 SF
Lot
5.77 ac (251,254 SF)
Zoning code
R-5
APN
129-03-005Q
UPID
US07-0959712
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Scottsdale Village Square Nursing Home Retirement Community
-
Randi Lewis Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Scottsdale Az Propco LLC
Scottsdale Az Propco LLC
since 2025
4 recorded transactions
Zoning & alternative use
R-5 · Scottsdale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Scottsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$51,166
Tax year 2022
Assessed value
$1,208,620
Assessed 2024
Previous assessed
$1,174,680
+2.9% YoY
Effective rate
4.23%
On assessed value
Land market value
$5,095,600
Improvement market value
$6,990,601
Total market value
$12,086,201
Applied tax rate
481,400.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
28
Stories
1
Units
3
Total area
903 SF
Lot
5.77 ac (251,254 SF)
Zoning code
R-5
APN
129-03-005Q
UPID
US07-0959712
Jurisdiction
MARICOPA
Zoning & alternative use
R-5 · Scottsdale, AZ
Zoning R-5 · permitted uses
R-5 · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
28
Units
3
Lot
5.77 ac
Current owner
From public records · entity-resolved
Scottsdale Az Propco LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1775 HANCOCK ST STE #200, SAN DIEGO, CA 92110-2036
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$24,655,200
Scottsdale Az Propco LLC
Pacifica Sl Scottsdale LLC
Special Warranty Deed
—
Oct 1, 2025
—
Scottsdale Az Propco LLC
—
Deed
related
$27,810,000 · Bokf NA
Feb 1, 2018
$16,087,500
Pacifica Sl Scottsdale LLC
Scottsdale Residential Care Investo
Special Warranty Deed
$15,000,000 · Regents Bank NA
Jun 11, 1993
—
Josephine,r Warner Trust
Warner
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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