Property profile

8517 Nicolet Ave Glendale, AZ 85305

OFF-MARKET
Assisted living facilities
Property ID
US07-1421477
3,072 SF 0.23 ac lot Built 2004
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2004
Construction FRAME
Total area 3,072 SF
Lot 0.23 ac (10,062 SF)
Zoning code R1-10
APN 142-28-527
UPID US07-1421477

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
  • Bed & Breakfast Restaurant

Location

8517 Nicolet Ave Glendale, AZ 85305-6953
Glendale metro Census 92721 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$268,122
6 recorded transactions
2025
Price N/A
2006
Price N/A
2006
Price N/A
2004
$268,122
2004
$217,494
1969
Price N/A

Zoning & alternative use

R1-10 · 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

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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