Property profile

7312 Cordes Rd 2 Phoenix, AZ 85043

OFF-MARKET
Assisted living facilities
Property ID
US07-2806395
2,046 SF 0.13 ac lot Built 2004
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2004
Construction FRAME
Total area 2,046 SF
Lot 0.13 ac (5,714 SF)
Zoning code R1-8
APN 104-52-196
UPID US07-2806395

Cap rate & NOI

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

Location

7312 Cordes Rd, Unit 2 Phoenix, AZ 85043-7260
Phoenix metro Census 112517 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
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Blend (final) Blend
$380k

Owner & transaction history

since 2014
3 recorded transactions
2014
Price N/A
2012
$98,000
2004
$153,179

Zoning & alternative use

R1-8 · Phoenix, AZ
Zoning description

The purpose of R1-8 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

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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