Property profile

3014 Indian School Rd Phoenix, AZ 85016

OFF-MARKET
Assisted living facilities
Property ID
US07-0347882
56,694 SF 1.99 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1982
Construction CONCRETE
Total area 56,694 SF
Lot 1.99 ac (86,467 SF)
Zoning code PAD-15
APN 163-01-067A
UPID US07-0347882

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
  • Retirement Community
  • Nursing Home Retirement Community

Location

3014 Indian School Rd Phoenix, AZ 85016-6887
Phoenix metro Census 108400 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
$8.14M
Blend (final) Blend
$11.59M

Owner & transaction history

since 2023
Last sale
$10.1M
7 recorded transactions
2023
$10.1M
2014
$5.7M
2011
Price N/A
2007
$8.2M
1995
$4.9M
1995
Price N/A
1994
$2.5M

Zoning & alternative use

PAD-15 · Phoenix, AZ
Zoning description

A planned area development is intended to correlate comprehensively the provisions of this and other ordinances of the City to permit developments which will provide a desirable and stable environment in harmony with tha…

General category UNKNOWN
Top alternative use upside
Retail stores $15.7M +22.3%
Medical building $15.1M +17.2%
Office building $14.7M +14.8%

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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