Property profile

7231 Broadway Rd Mesa, AZ 85208

OFF-MARKET
Assisted living facilities
Property ID
US07-0397997
82,756 SF 4.41 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2000
Construction STEEL FRAME
Total area 82,756 SF
Lot 4.41 ac (192,230 SF)
Zoning code OC
APN 218-55-004F
UPID US07-0397997

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
  • Home Health Care Service

Location

7231 Broadway Rd Mesa, AZ 85208-2030
Mesa metro Census 422609 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.18M
Blend (final) Blend
$11.00M

Owner & transaction history

since 2024
Last sale
$11.0M
7 recorded transactions
2024
$11.0M
2024
Price N/A
2014
Price N/A
2010
Price N/A
2009
Price N/A
1999
$1.9M
1998
$950,000

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

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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