Property profile

6464 Norwood Cir Mesa, AZ 85215

OFF-MARKET
Assisted living facilities
Property ID
US07-0089005
3,779 SF 0.43 ac lot Built 1998
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Construction FRAME
Total area 3,779 SF
Lot 0.43 ac (18,923 SF)
Zoning code RS-15
APN 141-67-405
UPID US07-0089005

Cap rate & NOI

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

Location

6464 Norwood Cir Mesa, AZ 85215-1659
Mesa metro Census 420212 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
by Request
Comparable Approach Comparable
$637k
Blend (final) Blend
$575k

Owner & transaction history

since 2020
Last sale
$602,567
7 recorded transactions
2020
$602,567
2008
Price N/A
2007
Price N/A
2006
$855,000
2005
Price N/A
2004
Price N/A
1999
$344,950

Zoning & alternative use

RS-15 · Mesa, AZ
Zoning description

ctions 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…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Retail stores $990,000 +45.4%
Medical building $990,000 +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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