Property profile

7786 88th Ln Glendale, AZ 85305

OFF-MARKET
Assisted living facilities
Property ID
US07-1477743
2,484 SF 0.32 ac lot Built 2005
Trust Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2005
Construction FRAME
Total area 2,484 SF
Lot 0.32 ac (14,026 SF)
Zoning code R1-7
APN 142-28-101
UPID US07-1477743

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

Location

7786 88th Ln Glendale, AZ 85305-3918
Glendale metro Census 92721 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
$615k
Blend (final) Blend
$620k

Owner & transaction history

since 2011
4 recorded transactions
2011
Price N/A
2006
Price N/A
2005
$373,942
2005
Price N/A

Zoning & alternative use

R1-7 · Glendale, AZ
Zoning description

R1-10, R1-8, R1-7, R1-6, R1-4 (Urban Residential 10, 8, 7, 6, & 4): These zoning districts do not allow for horses or any other livestock including swine and chickens. PAD (Planned Area Development): Please contact the P…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $795,000 +21.8%
Commercial (general) $760,000 +16.6%
Neighborhood: shopping center $720,000 +9.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7786 88th Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message