Property profile

5241 3rd St Phoenix, AZ 85040

OFF-MARKET
Assisted living facilities
Property ID
US07-2402934
3,233 SF 0.42 ac lot Built 1936
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1936
Construction FRAME
Total area 3,233 SF
Lot 0.42 ac (18,180 SF)
Zoning code R-4
APN 113-42-025
UPID US07-2402934

Cap rate & NOI

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

Location

5241 3rd St Phoenix, AZ 85040-8703
Phoenix metro Census 115801 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
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Comparable Approach Comparable
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Blend (final) Blend
$450k

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2014
Price N/A
2006
Price N/A
2006
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-4 · Phoenix, AZ
Zoning description

The purpose of R-4 is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes

General category RESIDENTIAL

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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