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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Assisted living facilities
120 Chipola Ave Deland, FL 32720-7704
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-0561791
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
61,411 SF
Lot
6.58 ac (286,625 SF)
Zoning code
B5
APN
7021-09-00-0070
UPID
US18-0561791
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
-
Villa Health and Rehab Center Nursing Home
-
American Standard Auto Insurance Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
Villa Healthcare & Rehab Center LLC · 1 yrs held
Villa Healthcare & Rehab Center LLC
since 2025
7 recorded transactions
Zoning & alternative use
B5 · Deland, FL
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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$30 / 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
$106,974
Tax year 2023
Assessed value
$7,513,074
Assessed 2023
Previous assessed
$4,515,483
+66.4% YoY
Effective rate
1.42%
On assessed value
Assessed land
$1,440,000
Assessed improvement
$6,073,074
Land market value
$1,440,000
Improvement market value
$6,073,074
Total market value
$7,513,074
Applied tax rate
12.0000
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
81
Total area
61,411 SF
Lot
6.58 ac (286,625 SF)
Zoning code
B5
APN
7021-09-00-0070
UPID
US18-0561791
Jurisdiction
VOLUSIA
Zoning & alternative use
B5 · Deland, FL
Zoning B5 · permitted uses
B5 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
81
Lot
6.58 ac
Current owner
From public records · entity-resolved
Villa Healthcare & Rehab Center LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2701 FLATBUSH AVE #22, BROOKLYN, NY 11234-7004
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
—
Villa Healthcare & Rehab Center LLC
Szz Master Tenant LLC
Deed
—
Nov 8, 2022
—
120 Chipola Re LLC
—
Deed
related
$474,525,000 · The Huntington National Bank
Jan 7, 2021
$99,015
120 Chipola Re LLC
Wecre Deland LLC
Grant Deed
$368,000,000 · Monticello Funding Bth-47 LLC
May 22, 2019
—
Wecre Deland LLC
—
Loan Modification
related
$8,957,160 · Cibc Bk USA
Oct 6, 2014
—
Wecre Deland LLC
—
Loan Modification
related
$9,850,985 · Privatebank & Tr
Sep 1, 2006
$5,786,600
Wecre Deland LLC
Owner,record
Warranty Deed
related
—
Mar 25, 2002
—
Woodlands Extended Care INC
Westmont Terrace
Grant Deed
related
—
Oct 3, 2001
$5,377,000
Woodlands Extended Care INC
Westmont Terrace
Grant Deed
related
—
—
—
Wecre Deland LLC
—
Deed Of Trust
related
$3,075,000 · Lasalle National Bank
—
—
Wecre Deland LLC
—
Deed Of Trust
related
$10,485,486 · Bank Of America
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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