Building Details

Year Built 1986

Listing Agency: VYLLA HOME

Listed By: Danuta Mazurek · License #485998 Show Phone

Source: Compass

Added: Feb 8 Changed: Oct 10 Last Checked: Oct 11 at 9:19AM

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Investment Insights

Based on property information with market context.

The property is currently licensed for a standard group home with capacity for 6 or more residents and is being sold as a single residential home. It presents potential for use as an Assisted Living Facility (ALF), standard group home, or behavior home. The property offers income potential estimated between $2,500 and $6,000 monthly per resident. Updates to the property include a replaced roof (2021), freshly painted interior and exterior, new flooring, and a solar system with assumable payments. A new fence was installed in 04/2025. Additional updates include a replaced water heater in 07/2025, Tesla Powerwall installed in 11/2025, kitchen countertops replaced in 07/2024, and bathroom vanities updated in 07/2024. A new refrigerator was installed in 06/2025. A four-point inspection and wind mitigation were completed in 09/2023, and the A/C system was tuned up in 01/2026. A fire inspection was completed in 12/2025. The property has a bike score of 44, indicating it is somewhat bikeable, and a walk score of 49, indicating car-dependent.

Key Highlights

• High income potential as a licensed group home with potential income of $2500-$6000 monthly/resident.
• Recent updates include A/C (2023), Roof (2021), Water Heater (07/2025), Tesla Powerwall (11/2025), Kitchen Countertops (07/2024), Refrigerator (06/2025), Bathroom Vanities (07/2024), and new fence (04/2025).
• Solar system installed (payments can be assumed).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,949

Cap Rate

4.84%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$478,980 $479.0K

Cap Rate 7%

$342,129 $342.1K

Cap Rate 9%

$266,100 $266.1K

Market Conditions

NOI Build-Up for 2,036 SF

Gross rent

$45.9K $22.56/SF

− Vacancy

−$2.4K −$1.17/SF

EGI

$43.5K $21.39/SF

− OpEx

−$19.6K −$9.62/SF

NOI

$23.9K $11.76/SF

Area

Brandon, FL

Vacancy

5.20%

Lease Rate

$22.56 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$478,980

Cap Rate 7%

$342,129

Cap Rate 9%

$266,100

Alternative Uses

Best Use

Apartment 5plus

$342.1K

$299.4K – $399.2K (±1% cap)

NOI $23,949 @ 7.0% cap · market cap 4.84%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$765.9K

$670.2K – $893.6K (±1% cap)

NOI $53,614 @ 7.0% cap · market cap 10.83%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Assisted living facilities

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Tanning Salon Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

127

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 33594, FL

35,299

Population

14,067

Households

2.5

Avg Household Size

43

Median Age

33%

College-Educated

91%

High-School Grad

10.2 sq mi

ZIP Area

3,461

Density / Sq Mi

$91,969

Median Household Income

$46,905

Median Earnings

$1,684

Median Rent

$300,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this assisted living facilities located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Assisted living facility - Licensed group home with income potential, recent updates, no HOA.

Where is this assisted living facility located?

The property is located at 322 Regal Park Drive Valrico, FL.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: High income potential as a licensed group home with potential income of $2500-$6000 monthly/resident.; Recent updates include A/C (2023), Roof (2021), Water Heater (07/2025), Tesla Powerwall (11/2025), Kitchen Countertops (07/2024), Refrigerator (06/2025), Bathroom Vanities (07/2024), and new fence (04/2025).; Solar system installed (payments can be assumed).