Property profile

5301 Thomas Rd Phoenix, AZ 85018

OFF-MARKET
Assisted living facilities
Property ID
US07-3107410
11,726 SF 1.33 ac lot Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1970
Construction CONCRETE
Total area 11,726 SF
Lot 1.33 ac (57,864 SF)
Zoning code R-5
APN 126-25-069Q
UPID US07-3107410

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
  • Nursing Home
  • Physician
  • Apartment Building
  • Association Or Organization

Location

5301 Thomas Rd Phoenix, AZ 85018-8011
Phoenix metro Census 111201 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
$2.16M
Blend (final) Blend
$2.93M

Owner & transaction history

since 2023
Last sale
$2.6M
7 recorded transactions
2023
Price N/A
2022
$2.6M
2011
$9.0M
2008
$4.3M
2007
$1.4M
2000
Price N/A
1969
Price N/A

Zoning & alternative use

R-5 · Phoenix, AZ
Zoning description

The purpose of R-5 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 COMMERCIAL
Top alternative use upside
Retail stores $3.5M +31.5%
Medical building $3.1M +17.2%
Warehouse, storage $3.0M +14.6%

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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