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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Assisted living facilities
10637 Lithia Pinecrest Rd Lithia, FL 33547-3222
Entity Owned
3-yr Hold
Property ID
US18-2078296
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,603 SF
Lot
4.89 ac (213,008 SF)
Zoning code
AR
APN
U223022ZZZ000005219600
UPID
US18-2078296
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
-
Pinecrest Place Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$795k
Owner & transaction history
Zenith Staffing LLC · 3 yrs held
Zenith Staffing LLC
since 2023
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
AR · Lithia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+61.7%
Medical building
$1.1M
+54.2%
Neighborhood: shopping center
$1.1M
+51.9%
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 Lithia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia 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
$795,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$740,000
Current use
OFFICE BUILDING
$1,195,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$1,140,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$1,005,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$970,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$870,000
Change: +18% · Conversion: Difficult
WAREHOUSE, STORAGE
$685,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $850k (Jul 5 2023)
Last sale anchor
$850k
Jul 5 2023
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
$173 / 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
$10,316
Tax year 2023
Assessed value
$560,000
Assessed 2023
Previous assessed
$510,100
+9.8% YoY
Effective rate
1.84%
On assessed value
Assessed land
$178,240
Assessed improvement
$381,760
Land market value
$178,240
Improvement market value
$381,760
Total market value
$560,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
16
Bathrooms
5
Total area
4,603 SF
Lot
4.89 ac (213,008 SF)
Zoning code
AR
APN
U223022ZZZ000005219600
UPID
US18-2078296
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
AR · Lithia, FLZoning AR · permitted uses
AR · Lithia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$740,000
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$685,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
16
Bathrooms
5
Lot
4.89 ac
Current owner
From public records · entity-resolved
Zenith Staffing LLC
Entity
Mailing address
8900 N ARMENIA AVE, TAMPA, FL 33604-1067
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
$850,000
Zenith Staffing LLC
Level Up Investment Group INC
Warranty Deed
—
Jul 11, 2019
$600,000
Level Up Investment Group INC
Patricia M Slabach
Warranty Deed
$795,000 · First Home Bank
May 12, 2006
—
Patricia M Slabach
Patricia M Slabach
Correction Deed
related
$330,400 · Long Beach Mortgage Co
—
—
Patricia M Slabach
—
Deed Of Trust
related
$192,446 · Colmer Family Trust (ct)
—
—
Patricia M Slabach
—
Deed Of Trust
related
$191,498 · Colmer Family Trust (pt)
—
—
Patricia M Slabach
—
Loan Modification
related
$148,451 · Colmer Family Trust (pt)
—
—
Patricia L Slabach
—
Deed Of Trust
related
$126,650 · Jp Funding INC
—
—
Patricia L Slabach
—
Deed Of Trust
related
$268,450 · Accredited Home Lenders
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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