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Property profile & analytics
OFF-MARKET
Assisted living facilities
6313 Florence Ave, Phoenix, AZ 85043-7778
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US07-3284585
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Construction
FRAME
Total area
1,744 SF
Lot
0.14 ac (6,050 SF)
Zoning code
R1-8
APN
104-48-259
UPID
US07-3284585
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Armando Vargas · 6 yrs held
Armando Vargas
since 2019
7 recorded transactions
Zoning & alternative use
R1-8 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phoenix submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenix submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,275
Tax year 2023
Assessed value
$31,750
Assessed 2024
Previous assessed
$25,580
+24.1% YoY
Effective rate
4.02%
On assessed value
Land market value
$63,500
Improvement market value
$254,000
Total market value
$317,500
Applied tax rate
21,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
7
Bathrooms
2
Total area
1,744 SF
Lot
0.14 ac (6,050 SF)
Zoning code
R1-8
APN
104-48-259
UPID
US07-3284585
Jurisdiction
MARICOPA
Zoning & alternative use
R1-8 · Phoenix, AZ
Zoning R1-8 · permitted uses
R1-8 · Phoenix, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenix. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Armando Vargas
Individual
Mailing address
6313 W FLORENCE AVE, PHOENIX, AZ 85043-7778
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2019
$207,000
Armando Vargas
Pedro A Villalobos Santillan
Warranty Deed
$85,000 · Nova Financial & Investment Corp
Jan 10, 2017
$185,000
Pedro A Villalobos Santillan
Empire Residential Opportunity Fund
Special Warranty Deed
$181,649 · Amerifirst Financial INC
Jun 27, 2011
—
Empire Residl Opportunity Fun
Riester,william R & Jessica R
Warranty Deed
—
Jun 17, 2011
$56,150
Empire Residl Opportunity Fun
Riester,william R & Jessica R
Warranty Deed
—
May 6, 2003
$148,000
William R Riester
Parker,tr
Grant Deed
$140,600 · Phh Us Mortgage
Dec 9, 2002
—
Parker,tr
Parker,solomon & Lourdes
Quit Claim Deed
related
—
Apr 16, 2002
$131,680
Solomon Parker
First American Title Ins Ttee
Grant Deed
$118,500 · First Horizon Home Loan Corp
Jun 11, 2001
—
Brown Family Communities
First American Title Ins Ttee
Trustees Deed
$40,000,000 · Ohio Savings Bank
May 2, 2000
—
Brown Family Communities
First American Title Ins Ttee
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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