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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Assisted living facilities
302 Maryland Ave Phoenix, AZ 85012-1128
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US07-1075657
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2016
Construction
FRAME
Total area
4,892 SF
Lot
0.41 ac (17,648 SF)
Zoning code
R1-10
APN
161-19-001A
UPID
US07-1075657
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
-
Paradise Living Centers Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Plc Lincoln LLC · 4 yrs held
Plc Lincoln LLC
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
R1-10 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of R1-10 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 single family occupied dwellings which also emphasize outdoor living
Zone name
Single Family Residence
General category
RESIDENTIAL
Zone area
23,693.90 ac
Source
Realmo
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 Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix 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
Method
Estimation
Statistic approach
$515,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Mar 15 2022)
Last sale anchor
$500k
Mar 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$103 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,666
Tax year 2023
Assessed value
$212,530
Assessed 2024
Previous assessed
$212,530
+0.0% YoY
Effective rate
5.49%
On assessed value
Land market value
$425,000
Improvement market value
$1,700,300
Total market value
$2,125,300
Applied tax rate
381,300.0000
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
2016
Construction
FRAME
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
6
Bathrooms
2
Total area
4,892 SF
Lot
0.41 ac (17,648 SF)
Zoning code
R1-10
APN
161-19-001A
UPID
US07-1075657
Jurisdiction
MARICOPA
Zoning & alternative use
R1-10 · Phoenix, AZZoning R1-10 · permitted uses
R1-10 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of R1-10 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 single family occupied dwellings which also emphasize outdoor living
Zone name
Single Family Residence
General category
RESIDENTIAL
Zone area
23,693.90 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2016
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Plc Lincoln LLC
Entity
Mailing address
9448 E HIDDEN SPUR TRL, SCOTTSDALE, AZ 85255-6070
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
—
Plc Lincoln LLC
Plc Central LLC
Intrafamily Transfer
related
$7,200,000 · Bellwether Enterprise Real Estate C
Apr 27, 2021
—
Plc Central LLC
—
Deed
related
$156,000 · Firstbank
Aug 3, 2018
—
Plc Central LLC
—
Deed
related
$2,250,000 · First Bank
Jul 13, 2015
$500,000
Plc Central LLC
Verstegen Joshua
Warranty Deed
$750,000 · Firstbank Of Summit Cnty
May 31, 2012
$365,000
Joshua Verstegen
Gmac Mortgage LLC
Special Warranty Deed
$292,000 · Ally Capital Corp
Mar 6, 2012
$360,000
Gmac Mtg LLC
Executive Te Svcs LLC
Trustees Deed
related
—
May 6, 1993
$212,000
Dennis S Silva
Citibank Az
Grant Deed
$190,800 · Mellon Mortgage
Jan 12, 1993
$286,859
Citibank
Roach
Grant Deed
related
—
—
—
Dennis S Silva
—
Deed Of Trust
related
$50,000 · First National Mortgage Banc
—
—
Dennis S Silva
—
Deed Of Trust
related
$44,300 · National City Bank
—
—
Dennis S Silva
—
Deed Of Trust
related
$47,800 · Sallie Mae Home Loans
—
—
Dennis S Silva
—
Deed Of Trust
related
$355,700 · Provident Funding Assoc LP
—
—
Dennis S Silva
—
Deed Of Trust
related
$352,000 · Lehman Brothers Bank Fsb
—
—
Dennis S Silva
—
Deed Of Trust
related
$100,000 · Sallie Mae Home Loans
—
—
Dennis S Silva
—
Deed Of Trust
related
$422,300 · Sallie Mae Home Loans
—
—
Dennis S Silva
—
Deed Of Trust
related
$299,700 · American Financial Resources
—
—
Dennis S Silva
—
Deed Of Trust
related
$20,000 · Household Realty Corp
—
—
Dennis S Silva
—
Deed Of Trust
related
$250,000 · American Financial Resources
—
—
Dennis S Silva
—
Deed Of Trust
related
$24,643 · Semper Investments LLC
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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