Property profile

5100 24th St Phoenix, AZ 85016

OFF-MARKET
Assisted living facilities
Property ID
US07-2462223
4,960 SF 1.22 ac lot Built 1952
Individually Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1952
Construction CONCRETE BLOCKS
Total area 4,960 SF
Lot 1.22 ac (52,936 SF)
Zoning code R-35
APN 164-60-019A
UPID US07-2462223

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
  • Geriatric Care Provider Nursing Home
  • Home Decor Store Department Store

Location

5100 24th St Phoenix, AZ 85016-3517
Phoenix metro Census 107700 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
$1.62M
Blend (final) Blend
$1.21M

Owner & transaction history

since 2005
3 recorded transactions
2005
$1.2M
1996
Price N/A
1993
Price N/A

Zoning & alternative use

R-35 · Phoenix, AZ
Top alternative use upside
Auto repair, garage $2.1M +86.5%
Retail stores $1.4M +22.3%
Medical building $1.3M +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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