Property profile

41920 Spy Glass Dr 46 Phoenix, AZ 85086

OFF-MARKET
Assisted living facilities
Property ID
US07-2865910
3,437 SF 0.41 ac lot Built 2005
Individually Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2005
Construction FRAME
Total area 3,437 SF
Lot 0.41 ac (17,744 SF)
Zoning code R1-10
APN 211-22-374
UPID US07-2865910

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

41920 Spy Glass Dr, Unit 46 Phoenix, AZ 85086-1943
Phoenix metro Census 610202 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$520k

Owner & transaction history

since 2013
4 recorded transactions
2013
$549,900
2013
$380,000
2005
$648,040
2004
Price N/A

Zoning & alternative use

R1-10 · Phoenix, AZ
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…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $1.5M +86.5%
Retail stores $1.0M +31.5%
Medical building $910,000 +17.2%

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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