Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$24,290,000
Assisted living facilities
3675 Rome St Gilbert, AZ 85297-7342
Entity Owned
~
Est. High Equity
Property ID
US07-2296080
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2014
Construction
STEEL FRAME
Total area
94,098 SF
Lot
4.79 ac (208,851 SF)
Zoning code
C-O
APN
304-53-552
UPID
US07-2296080
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
-
The Oaks Assisted living & Memory Care Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.39M
Blend (final)
Blend
$24.29M
Owner & transaction history
Tb3 Gilbert Propco LLC
Tb3 Gilbert Propco LLC
since 2025
3 recorded transactions
Zoning & alternative use
C-O · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$34.5M
+55.6%
Neighborhood: shopping center
$34.2M
+54.2%
Office building
$28.9M
+30.3%
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 Gilbert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbert 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$22,205,000
Current use
RETAIL STORES
$34,545,000
Change: +56% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$34,245,000
Change: +54% · Conversion: Difficult
OFFICE BUILDING
$28,945,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$24,050,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$24.29M
Range $21.86M – $26.72M · ±10%
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
$258 / 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
$110,230
Tax year 2023
Assessed value
$2,209,193
Assessed 2024
Previous assessed
$1,872,560
+18.0% YoY
Effective rate
4.99%
On assessed value
Land market value
$1,912,700
Improvement market value
$20,179,226
Total market value
$22,091,926
Applied tax rate
410,609.0000
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
2014
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Stories
2
Units
111
Total area
94,098 SF
Lot
4.79 ac (208,851 SF)
Zoning code
C-O
APN
304-53-552
UPID
US07-2296080
Jurisdiction
MARICOPA
Zoning & alternative use
C-O · Gilbert, AZ
Zoning C-O · permitted uses
C-O · Gilbert, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilbert. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$22.2M
RETAIL STORES
Est. value
$34.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$34.2M
OFFICE BUILDING
Est. value
$28.9M
MEDICAL BUILDING
Est. value
$24.1M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
111
Lot
4.79 ac
Current owner
From public records · entity-resolved
Tb3 Gilbert Propco LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2025
$26,500,000
Tb3 Gilbert Propco LLC
Gilbert Az Senior Property LLC
Warranty Deed
$32,880,000 · Forbright Bank
Apr 30, 2019
$635,000
Bagley Elliot
Us Bank NA
Grant Deed
$571,500 · Newrez LLC
Jun 27, 2016
$41,600,000
Gilbert Az Senior Prop LLC
Gilbert Care Group LP
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3675 Rome St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
