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ALFComing SoonDevelopment Site

40-Bed ALF Development Site — Tempe

Confidential — Tempe, Tempe, AZ 85281

Listed April 1, 2026 · Brokered by Crawford Commercial

Asking Price

$3.20M

$/Bed

$80,000

Beds

40

Occupancy

0%

Sq Ft

0

Confidential Listing

This property is being marketed confidentially. Full details, financials, and property address are available after signing an NDA. Request information below to begin the process.

Photos available under NDA

Property Overview

Entitled 2.1-acre development site in Tempe zoned for a 40-bed assisted living center. Preliminary site plan approved with city entitlements in place. Located near ASU and Tempe St. Luke's Hospital — ideal demographics for a large-format ALF. Pro forma projects $2.3M+ gross revenue at stabilization. Land basis only — construction and licensing separate.

40

Licensed Beds

0

Square Feet

2.1 acres

Lot Size

0

Year Built

Investment Highlights

2.1-acre entitled site — 40-bed ALF capacity
City entitlements and preliminary site plan approved
Tempe location near ASU and hospital systems
Pro forma: $2.3M+ gross revenue at stabilized 90%
Development site only — land basis price

Financial Summary

Financials Available Upon Request

Revenue details, expense analysis, and return projections are available after providing your contact information. Crawford underwrites every deal — request the full financial package below.

Quick Stats

License TypeALF
Property TypeDevelopment Site
StatusComing Soon
Beds40
Square Feet0
Year Built0
Lot Size2.1 acres
Occupancy0%
ListedApr 1, 2026

A.L.F. Estimate™

Get Crawford's proprietary valuation for this property — including revenue potential, expense benchmarks, and market positioning.

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Crawford Advantage

ALF-specialized underwriting — not generic CRE comps
Pre-vetted cash flow models with 3 expense scenarios
License transfer guidance & DHS compliance support
2,047 AZ facilities tracked — the deepest market data

Listed By

Crawford Commercial

ALF-Specialized Brokerage

maxwell@crawford.team