Property profile

8236 57th Dr Glendale, AZ 85302

OFF-MARKET
Assisted living facilities
Property ID
US07-2902971
2,519 SF 0.28 ac lot Built 1957
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1957
Construction CONCRETE BLOCKS
Total area 2,519 SF
Lot 0.28 ac (12,308 SF)
Zoning code R1-6
APN 148-15-039
UPID US07-2902971

Cap rate & NOI

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

Location

8236 57th Dr Glendale, AZ 85302-5906
Glendale metro Census 92307 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
$594k
Blend (final) Blend
$780k

Owner & transaction history

since 2023
Last sale
$605,000
7 recorded transactions
2024
Price N/A
2023
$605,000
2021
$525,000
2011
Price N/A
2006
Price N/A
2004
Price N/A
2001
$170,000

Zoning & alternative use

R1-6 · 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 $805,000 +21.8%
Commercial (general) $770,000 +16.6%
Neighborhood: shopping center $730,000 +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
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