Property profile

7246 11th Ave Phoenix, AZ 85021

OFF-MARKET
Assisted living facilities
Property ID
US07-0326022
2,672 SF 0.23 ac lot Built 1961
Individually Owned 24-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1961
Construction CONCRETE BLOCKS
Total area 2,672 SF
Lot 0.23 ac (10,041 SF)
Zoning code R1-10
APN 157-12-021
UPID US07-0326022

Cap rate & NOI

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

Location

7246 11th Ave Phoenix, AZ 85021-8021
Phoenix metro Census 106100 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
$792k
Blend (final) Blend
$785k

Owner & transaction history

since 2001
7 recorded transactions
2025
Price N/A
2001
$280,000
2001
Price N/A
2001
$163,500
1991
$108,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R1-10 · Phoenix, AZ
Zoning description

The purpose of R1-10 is to foster the creation of living areas which can assist the establishment of stable, functional neighborhoods and an established pattern of living in this metropolitan area reflects a tradition of…

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $1.1M +86.5%
Office building $970,000 +59.8%
Retail stores $795,000 +31.5%

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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