Property profile

640 Draper St Mesa, AZ 85203

OFF-MARKET
Assisted living facilities
Property ID
US07-2814143
3,476 SF 0.37 ac lot Built 1967
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1967
Construction CONCRETE BLOCKS
Total area 3,476 SF
Lot 0.37 ac (16,095 SF)
Zoning code RS-9
APN 137-12-075
UPID US07-2814143

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

640 Draper St Mesa, AZ 85203-6342
Mesa metro Census 420902 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2021
Last sale
$490,000
7 recorded transactions
2021
$490,000
2019
Price N/A
2016
Price N/A
2011
Price N/A
2009
Price N/A
2009
$178,900
2009
$180,625

Zoning & alternative use

RS-9 · Mesa, AZ
Zoning description

of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-3.A.1: Development Standards - RS Residential Single Dwelling Districts Standard RS-90 RS-43 RS-35 RS-15 R…

General category CIVIC_INSTITUTIONAL

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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