Property profile

5358 Baseline Rd 2 Mesa, AZ 85206

OFF-MARKET
Assisted living facilities
Property ID
US07-2217973
48,318 SF 3.43 ac lot Built 2010
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2010
Construction STEEL FRAME
Total area 48,318 SF
Lot 3.43 ac (149,554 SF)
Zoning code NC
APN 141-53-894A
UPID US07-2217973

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

5358 Baseline Rd, Unit 2 Mesa, AZ 85206-4716
Mesa metro Census 422638 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
$10.99M
Blend (final) Blend
$1.96M

Owner & transaction history

since 2010
7 recorded transactions
2020
Price N/A
2010
$2.0M
2005
Price N/A
2005
$1.6M
2005
$107,612
2005
Price N/A
1969
Price N/A

Zoning & alternative use

NC · Mesa, AZ
Zoning description

Neighborhood Commercial (NC). To provide areas for locally oriented retail and service uses that serve the surrounding residential trade area within a 1⁄2 to two (2) mile radius. Typical uses include, but are not limited…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $15.1M +72.8%
Retail stores $12.7M +45.4%
Medical building $11.4M +31.3%

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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