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Property profile & analytics
OFF-MARKET
Estimated value
$17,670,000
Assisted living facilities
1017 Strong Rd Quincy, FL 32351-5249
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4552428
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
36,294 SF
Lot
9 ac (392,040 SF)
APN
3-17-2N-3W-0000-00422-0000
UPID
US18-4552428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Riverchase Health and Rehabilitation Center Nursing Home
-
Halcyon Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.67M
Owner & transaction history
Quincy Fl Propco II LLC · 1 yrs held
Quincy Fl Propco II LLC
since 2024
Last sale
$17.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$17,670,000
ML approach
$17,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.67M
Range $15.90M – $19.44M · ±10% · vs last sale $17.67M (Nov 13 2024)
Last sale anchor
$17.67M
Nov 13 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$487 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$284,298
Tax year 2023
Assessed value
$13,609,206
Assessed 2023
Previous assessed
$12,979,360
+4.9% YoY
Effective rate
2.09%
On assessed value
Assessed land
$135,000
Assessed improvement
$13,474,206
Land market value
$135,000
Improvement market value
$13,474,206
Total market value
$13,609,206
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
10
Total area
36,294 SF
Lot
9 ac (392,040 SF)
APN
3-17-2N-3W-0000-00422-0000
UPID
US18-4552428
Jurisdiction
GADSDEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
10
Lot
9 ac
Current owner
From public records · entity-resolved
Quincy Fl Propco II LLC
Entity
Mailing address
17 STATE ST STE #2525, NEW YORK, NY 10004-1535
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2024
—
Quincy Fl Propco II LLC
Quincy Fl Propco LLC
Deed
related
$207,053,562 · Capital Funding
Nov 25, 2020
$17,670,000
Quincy Fl Propco LLC
Ap2012 Riverchase LLC
Special Warranty Deed
$311,000,000 · Capital Funding
Nov 30, 2012
$8,472,818
Ap2012-riverchase LLC
Health Care Reit INC
Deed Of Trust
related
$168,800,000 · Capital One National Bank
Jul 9, 2004
$6,500,000
Health Care Reit INC
Isis Quincy INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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