Property profile

8008 Jesse Owens Pkwy Phoenix, AZ 85042

OFF-MARKET
Assisted living facilities
Property ID
US07-1123090
39,990 SF 3.99 ac lot Built 1996
Individually Owned 29-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1996
Construction STEEL FRAME
Total area 39,990 SF
Lot 3.99 ac (174,022 SF)
Zoning code C-2
APN 300-43-024
UPID US07-1123090

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
  • Rehabilitation Center Nursing Home
  • Physician

Location

8008 Jesse Owens Pkwy Phoenix, AZ 85042-6516
Phoenix metro Census 116736 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
$7.69M
Blend (final) Blend
$660k

Owner & transaction history

since 1997
1 recorded transaction
1997
$3.8M

Zoning & alternative use

C-2 · Phoenix, AZ
Zoning description

The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district

General category COMMERCIAL
Top alternative use upside
Office building $12.0M +32.5%
Retail stores $11.9M +31.5%
Medical building $10.6M +17.2%

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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