Technical
Financial
Distress signals
Property profile

537 Higley Rd Mesa, AZ 85206

OFF-MARKET
Assisted living facilities
Property ID
US07-2230925
4,232 SF 0.85 ac lot Built 2012
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2012
Construction STEEL FRAME
Total area 4,232 SF
Lot 0.85 ac (37,127 SF)
Zoning code OC
APN 141-52-014N
UPID US07-2230925

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 Retirement Community
  • Retirement Community

Location

537 Higley Rd Mesa, AZ 85206-2148
Mesa metro Census 422637 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
$962k
Blend (final) Blend
$780k

Owner & transaction history

since 2025
7 recorded transactions
2025
$3.2M
2024
Price N/A
2010
Price N/A
2008
$702,900
2008
Price N/A
2008
$550,000
2008
Price N/A

Zoning & alternative use

OC · Mesa, AZ
Zoning description

Office Commercial (OC). To provide areas for small-scale medical and professional offices intended to serve the community and remain compatible with adjacent residential areas. 5.

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $1.3M +72.8%
Retail stores $1.1M +45.4%
Medical building $1.0M +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 537 Higley Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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