Property profile

3293 Drinkwater Blvd Scottsdale, AZ 85251

OFF-MARKET
Assisted living facilities
Property ID
US07-1198053
16,714 SF 1.29 ac lot Built 1967
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1967
Construction CONCRETE
Total area 16,714 SF
Lot 1.29 ac (56,192 SF)
Zoning code C-3
APN 130-21-001D
UPID US07-1198053

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
  • Physician
  • Nursing Home
  • Physician

Location

3293 Drinkwater Blvd Scottsdale, AZ 85251-6405
Scottsdale metro Census 217600 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
$5.86M
Blend (final) Blend
$5.86M

Owner & transaction history

since 2018
5 recorded transactions
2020
Price N/A
2018
$3.3M
2018
Price N/A
2014
Price N/A
1992
Price N/A

Zoning & alternative use

C-3 · Scottsdale, AZ
Zoning description

butting an alley • Minimum 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $8.2M +55.7%
Auto repair, garage $6.9M +31.2%
Office building $6.3M +19.9%

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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