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Property profile & analytics
OFF-MARKET
Assisted living facilities
7637 Villa Theresa Dr, Glendale, AZ 85308-8260
Individually Owned
3-yr Hold
Property ID
US07-0931772
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1974
Construction
CONCRETE BLOCKS
Total area
4,349 SF
Lot
0.45 ac (19,488 SF)
Zoning code
R-17
APN
231-04-031
UPID
US07-0931772
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cornel Belbe · 3 yrs held
Cornel Belbe
since 2023
Last sale
$265,000
7 recorded transactions
Zoning & alternative use
R-17 · Glendale, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,168
Tax year 2023
Assessed value
$82,170
Assessed 2024
Previous assessed
$68,950
+19.2% YoY
Effective rate
5.07%
On assessed value
Land market value
$164,300
Improvement market value
$657,400
Total market value
$821,700
Applied tax rate
970,702.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1974
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
REFRIGERATOR
Stories
1
Rooms
7
Bathrooms
3
Total area
4,349 SF
Lot
0.45 ac (19,488 SF)
Zoning code
R-17
APN
231-04-031
UPID
US07-0931772
Jurisdiction
MARICOPA
Zoning & alternative use
R-17 · Glendale, AZ
Zoning R-17 · permitted uses
R-17 · Glendale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Cornel Belbe
Individual
Mailing address
8318 W MISTY WILLOW LN, PEORIA, AZ 85383-1517
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2023
—
Cornel Belbe
Claudia Belbe
Intrafamily Transfer
related
—
Sep 23, 2020
—
Cornel Belbe
—
Deed
related
$750,000 · First Fidelity Bank
Dec 2, 2002
—
Claudia Belbe
Belbe,cornel
Quit Claim Deed
related
$197,000 · Spectrum Financial
Nov 26, 2002
—
Cornel Belbe
Belbe,cornel
Quit Claim Deed
related
—
Aug 28, 1998
$265,000
Cornel Belbe
Regal Homes INC
Grant Deed
$198,750 · Spectrum Financial
Jan 6, 1998
—
Regal Homes INC
Brown,thomas B & Yvonne L
Quit Claim Deed
related
—
—
—
Thomas B Brown
—
Deed Of Trust
related
$187,200 · Leader Financial Corp
—
—
Thomas B Brown
—
Deed Of Trust
related
$183,000
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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