Property profile

7501 Thompson Peak Pkwy Scottsdale, AZ 85255

OFF-MARKET
Assisted living facilities
Property ID
US07-1160677
123,751 SF 29.85 ac lot Built 1999
Individually Owned 29-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1999
Construction CONCRETE
Total area 123,751 SF
Lot 29.85 ac (1,300,179 SF)
Zoning code R-5
APN 212-36-004
UPID US07-1160677

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
  • Physician
  • Apartment Building
  • Physician Medical Clinic
  • Retirement Community
  • Social Service Agency Community Center

Location

7501 Thompson Peak Pkwy Scottsdale, AZ 85255-4525
Scottsdale metro Census 216844 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$48.29M
Blend (final) Blend
$48.29M

Owner & transaction history

since 1997
3 recorded transactions
1997
$5.8M
1997
Price N/A
1969
Price N/A

Zoning & alternative use

R-5 · Scottsdale, AZ
Zoning description

Patio Covers R-3 R-4 R-5 (PDF) Patio Covers R-4 (PDF) Permanent Living Purposes (PDF) PRC Gross Land Area (PDF) Pruning Vegetation In NAOS (PDF) R1-7 Non-Buildable Easement (PDF) R-5 Coffee service ancillary to Plant Nur…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $60.5M +55.7%
Retail stores $57.0M +46.7%
Auto repair, garage $51.0M +31.2%

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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