Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5227 14th St, Unit 3 Phoenix, AZ 85040-3213

    • Assisted living facilities
    • 918 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2709940
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Assisted living facilities

    Property Details for 5227 14th St

    Year built
    1959
    Construction
    CONCRETE BLOCKS
    Lot size
    0.20 lot acres
    Property size
    918 SF
    Zone code
    R1-6
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    113-63-069
    APU
    11363069

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.051
    Latitude
    33.3985
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $503
    $0.00
    $0.00
    $23,450
    -
    $46,900
    $187,600
    $234,500

    Comparable in this City

    • Value Estimation by Request
      25,924 SF

      2211 Southern Ave

      HOMES (RETIRED, NURSING) • 25,924 SF
      2211 Southern Ave, Phoenix, AZ 85040-3408
      View Details
    • Value Estimation by Request
      1,454 SF

      1533 Sunland Ave

      HOMES (RETIRED, NURSING) • 1,454 SF
      1533 Sunland Ave, Phoenix, AZ 85040-3269
      View Details
    • Value Estimation by Request
      3,233 SF

      5241 3rd St

      HOMES (RETIRED, NURSING) • 3,233 SF
      5241 3rd St, Phoenix, AZ 85040-8703
      View Details
    • Value Estimation by Request
      51,373 SF

      850 Jones Ave

      HOMES (RETIRED, NURSING) • 51,373 SF
      850 Jones Ave, Phoenix, AZ 85040-1245
      View Details
    • Value Estimation
      $300,000
      3,109 SF

      1614 Wood St

      HOMES (RETIRED, NURSING) • 3,109 SF
      1614 Wood St, Phoenix, AZ 85040-1360
      View Details
    • Value Estimation
      $460,000
      2,490 SF

      1618 Wood St

      HOMES (RETIRED, NURSING) • 2,490 SF
      1618 Wood St, Phoenix, AZ 85040-1360
      View Details

    Similar Nearby for Sale

    • $6,500,000
      24,280 SF

      Prime Phoenix School Campus

      Exceptional 24,280 SF Education Facility
      2435 Pecan Rd, Phoenix, AZ 85040
      View Details
    • $3,625,000
      4.86 Acres

      Prime Phoenix Residential Land

      4.86 Acres, R-3 Zoning, Infill Site
      1230 Roeser Rd, Phoenix, AZ 85040
      View Details
    • Contact for pricing

      Phoenix Industrial Land Opportunity

      40,075 SF Heavy Industrial Lot
      320 Pioneer St, Phoenix, AZ 85040
      View Details
    • Contact for pricing
      9,820 SF

      Phoenix Industrial Building For Sale

      9,820 SF industrial building for sale or lease.
      5601 S 24Th St, Phoenix, AZ 85040
      View Details
    • $2,380,320
      8,352 SF

      Freestanding Industrial Building For Sale

      Industrial building near Sky Harbor Airport with fenced yards.
      4828 S 40Th St, Phoenix, AZ 85040
      View Details
    • $2,000,000

      Phoenix Land Parcel For Sale

      Land parcel in Phoenix, minutes from downtown and airport.
      1230-1246 E Roeser Rd, Phoenix, AZ 85040
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      22,565 SF

      Phoenix Industrial Space For Lease

      Versatile warehouse/manufacturing space available
      3414 48Th St, Phoenix, AZ 85040
      View Details
    • $1,495 /Mo
      1,008 SF

      Well-Maintained 3 Bedroom Townhome

      Spacious 3-bedroom, 1-bath townhome with private patio for rent.
      4623 E Southgate Ave, Phoenix, AZ 85040
      View Details
    • $1.10 SF/Yr
      11,206 SF

      Industrial Warehouse with Yard

      Industrial warehouse featuring truckwells, yard, and heavy power.
      4188 E Superior Ave, Phoenix, AZ 85040
      View Details
    • $27 SF/Yr
      118,872 SF

      Class A Office Space

      Class A office space with ample parking and easy access.
      4035 S Riverpoint Pkwy, Phoenix, AZ 85040
      View Details
    • Contact for pricing

      Phoenix Land For Lease

      Land available for lease in Phoenix, Arizona.
      1001 E Elwood St, Phoenix, AZ 85040
      View Details
    • Contact for pricing
      37,420 SF

      Industrial Space with Secured Storage

      Industrial space available November 2025 with secured outdoor storage.
      4135 E Cotton Center Blvd, Phoenix, AZ 85040
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5227 14th St, Unit 3
    Phoenix, AZ 85040-3213
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.