Property profile

5625 Mckellips Rd Mesa, AZ 85215

OFF-MARKET
Assisted living facilities
Property ID
US07-0988043
157,592 SF 6.31 ac lot Built 2008
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2008
Construction STEEL FRAME
Total area 157,592 SF
Lot 6.31 ac (274,818 SF)
Zoning code C-G
APN 141-44-741A
UPID US07-0988043

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
  • Church
  • Church
  • Nursing Home Retirement Community

Location

5625 Mckellips Rd Mesa, AZ 85215-2737
Mesa metro Census 420216 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
$26.89M
Blend (final) Blend
$26.90M

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A

Zoning & alternative use

C-G · Mesa, AZ
Top alternative use upside
Retail stores $41.3M +45.4%
Medical building $41.3M +45.3%

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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