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Property profile & analytics
OFF-MARKET
Estimated value
$12,015,000
Assisted living facilities
11202 Dewhurst Dr, Riverview, FL 33578-4286
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3737354
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,576 SF
Lot
3.41 ac (148,539 SF)
Zoning code
PD
APN
U043020ZZZ000002799510
UPID
US18-3737354
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
-
Sweet Water Grand The Bridges Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.74M
Blend (final)
Blend
$12.02M
Owner & transaction history
11202 Dewhurst LLC · 2 yrs held
11202 Dewhurst LLC
since 2023
Last sale
$14.1M
7 recorded transactions
Zoning & alternative use
PD · Riverview, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.0M
+119.7%
Medical building
$10.5M
+54.2%
Neighborhood: shopping center
$10.4M
+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 Riverview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverview 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
$13,145,000
ML approach
$9,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$15,020,000
Change: +120% · Conversion: Difficult
MEDICAL BUILDING
$10,545,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,385,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$9,585,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$9,275,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,965,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$12.02M
Range $10.81M – $13.22M · ±10% · vs last sale $14.08M (Sep 27 2023)
Last sale anchor
$14.08M
Sep 27 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
$282 / 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
$149,228
Tax year 2023
Assessed value
$7,644,600
Assessed 2023
Previous assessed
$7,668,000
-0.3% YoY
Effective rate
1.95%
On assessed value
Assessed land
$1,327,300
Assessed improvement
$6,317,300
Land market value
$1,327,300
Improvement market value
$6,317,300
Total market value
$7,644,600
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
71
Total area
42,576 SF
Lot
3.41 ac (148,539 SF)
Zoning code
PD
APN
U043020ZZZ000002799510
UPID
US18-3737354
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Riverview, FL
Zoning PD · permitted uses
PD · Riverview, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverview. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.0M
MEDICAL BUILDING
Est. value
$10.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.4M
OFFICE BUILDING
Est. value
$9.6M
RETAIL STORES
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$9.0M
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
71
Lot
3.41 ac
Current owner
From public records · entity-resolved
11202 Dewhurst LLC
Entity
Mailing address
11290 WALSINGHAM RD, LARGO, FL 33778-3101
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2023
$14,081,300
11202 Dewhurst LLC
Cpif Bridges LLC
Special Warranty Deed
$13,000,000 · Wfp Income Fund Reit LLC
Sep 24, 2021
$4,220,100
Pallardy LLC
Hillsborough County
Public Action
related
—
Jun 28, 2007
$64,600
Bridges Tic-schwartz LLC
Schwartz,adam H
Grant Deed
related
—
Jun 28, 2007
$274,600
Bridges Tic-phelps LLC
Phelps Stephen P Trust
Grant Deed
related
—
Jun 28, 2007
$126,400
Bridges Tic-robinson LLC
Robinson,michael A & Elaine B
Grant Deed
related
—
Jun 28, 2007
$16,800
Bridges Tic-turner LLC
Turner Financial Group INC
Grant Deed
related
—
Jun 28, 2007
$37,300
Bridges Tic-tang LLC
Tang,larry G
Grant Deed
related
—
Jun 28, 2007
$45,600
Bridges Tic-sittner LLC
Sittner Family Trust
Grant Deed
related
—
Jun 28, 2007
$145,400
Bridges Tic-garner LLC
Garner Roger D Trust
Grant Deed
related
—
Jun 28, 2007
$15,000
Bridges Tic-elaine Robinson Ll
Robinson,elaine B
Grant Deed
related
—
Jun 28, 2007
$16,200
Bridges Tic-svetlana Phelps Ll
Phelps,svetlana S
Grant Deed
related
—
Jun 28, 2007
$76,000
Bridges Tic-levenson LLC
Levenson Family Trust
Grant Deed
related
—
Jun 28, 2007
$97,000
Bridges Tic-benson LLC
Benson Warren E Trust
Grant Deed
related
—
Jun 28, 2007
$376,900
Bloomingdale Alf Prop Bridges
Bloomingdale Acquisition LLC
Grant Deed
related
—
Jun 25, 2007
$113,100
Tic Haaland Bridges
Haaland,kirk C
Warranty Deed
related
—
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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