Technical
Financial
Distress signals
Property profile

473 Courtney Ln 2 Tempe, AZ 85284

OFF-MARKET
Assisted living facilities
Property ID
US07-3342405
2,090 SF 0.19 ac lot Built 1997
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1997
Construction FRAME
Total area 2,090 SF
Lot 0.19 ac (8,063 SF)
Zoning code R1-6
APN 308-07-709
UPID US07-3342405

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
  • Daycare Center

Location

473 Courtney Ln, Unit 2 Tempe, AZ 85284-3964
Tempe metro Census 810100 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
$588k
Blend (final) Blend
$440k

Owner & transaction history

since 2021
Last sale
$540,000
7 recorded transactions
2021
$540,000
2003
$208,000
2000
Price N/A
1997
$159,679
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1-6 · Tempe, AZ
Zoning description

er open areas between buildings and structures . Section 2-102 - Residential Districts. Residential districts include the following: A. Agricultural (AG) B. Single-Family Residential (includes: R1-15, R1-10, R1-8, R1-7,…

General category CIVIC_INSTITUTIONAL

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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