Property profile

9924 Monte Ave Mesa, AZ 85209

OFF-MARKET
Assisted living facilities
Property ID
US07-0366280
2,933 SF 0.23 ac lot Built 2002
Individually Owned 8-yr Hold
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2002
Construction FRAME
Total area 2,933 SF
Lot 0.23 ac (10,152 SF)
Zoning code RS-9
APN 312-04-513
UPID US07-0366280

Cap rate & NOI

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

Location

9924 Monte Ave Mesa, AZ 85209-2598
Mesa metro Census 422642 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
$522k
Blend (final) Blend
$405k

Owner & transaction history

since 2017
7 recorded transactions
2021
Price N/A
2017
$375,500
2016
Price N/A
2014
Price N/A
2002
Price N/A
2002
$269,680
2000
$3.0M

Zoning & alternative use

RS-9 · Mesa, AZ
Zoning description

of the Zoning Ordinance, while individual letters refer to subsections that directly follow the table. Table 11-5-3.A.1: Development Standards - RS Residential Single Dwelling Districts Standard RS-90 RS-43 RS-35 RS-15 R…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Retail stores $770,000 +45.4%
Medical building $770,000 +45.3%

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 9924 Monte Ave?
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