tomo logo

$550,000

Beds
5
Baths
3.0
sq ft
2,472

4528 West Butler Drive, Glendale, AZ 85302

4528 West Butler Drive

Glendale, AZ 85302

  • 1 day on market
PERMITS AND ZONNING APPROVED. Discover this rare investment opportunity where the groundwork for an assisted living facility is already laid out. Zoned for a 10-bedroom setup, this property comes with pre-approved architectural and fire sprinkler plans, simplifying your path to development. Some demolition has been completed, paving the way for you to customize and expand this space into a high-demand care home or a spacious family residence. With the potential for significant ROI in the growing elderly care market, this property is primed for those looking to make a meaningful investment in community health or to capitalize on the need for quality living arrangements. Your vision for a lucrative and impactful project starts here.

Details

Property type

Single Family Residence

Est. home value

$421,257

Lot size

9,766 sq ft

Price per sq ft

$223

Year built

1976

Annual property taxes

$2,690

HOA

No

Price History

01/28/2025
ArizonaRegional

ArizonaRegional #6811861

Listed
$550,000
+34.15%
11/16/2023
ArizonaRegional

ArizonaRegional #6605758

Sold
$410,000

Schools & Community

Elementary school: 

Horizon School

Middle school: 

Horizon School

High school: 

Apollo High School

High school district: 

Glendale Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Capital Fund I Llc

Loan start date

February 2024

Original loan amount

$361,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Commercial

Seller

Viraj Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 1:40 AM

Listing updated: 01/28/2025 at 2:55 PM

Listed by: Cristina LaFountaine, Libertas Real Estate Phone #: (623) 271-9742

MLS: ArizonaRegional #6811861

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