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Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Medical Office Space
13 Kingswood Dr Palm Coast, FL 32137-4614
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-5005618
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,000 SF
Lot
1.65 ac (71,743 SF)
Zoning code
OFC-2
APN
18-11-31-3391-00000-0080
UPID
US18-5005618
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
-
DaVita Palm Coast Dialysis Medical Clinic
-
Palm Coast Dialysis Medical Clinic
-
Dr. Karen C. Theilade, MD Physician
-
William Ferguson Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.61M
Owner & transaction history
W&l Associates LLC · 4 yrs held
W&l Associates LLC
since 2022
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
OFC-2 · Palm Coast, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+322.5%
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 Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast 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
$2,395,000
ML approach
$2,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,760,000
Change: +322% · Conversion: Easy
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±10% · vs last sale $2.76M (Jul 6 2022)
Last sale anchor
$2.76M
Jul 6 2022
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
$372 / 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
$29,459
Tax year 2023
Assessed value
$1,590,000
Assessed 2023
Previous assessed
$1,590,000
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed improvement
$1,590,000
Improvement market value
$1,590,000
Total market value
$1,590,000
Applied tax rate
61.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
7,000 SF
Lot
1.65 ac (71,743 SF)
Zoning code
OFC-2
APN
18-11-31-3391-00000-0080
UPID
US18-5005618
Jurisdiction
FLAGLER
Zoning & alternative use
OFC-2 · Palm Coast, FL
Zoning OFC-2 · permitted uses
OFC-2 · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
W&l Associates LLC
Entity
Free & Clear · 4 yrs held
Mailing address
16239 PANTHEON PASS, DELRAY BEACH, FL 33446-2316
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
—
W & L Associates LLC
—
Deed
related
$1,379,000 · Td Bank NA
Jul 6, 2022
$2,757,600
W&l Associates LLC
Jkl Real Estate Co LLC
Special Warranty Deed
—
Mar 4, 2022
$2,000,000
Jkl Real Estate Co LLC
Kingswood Property LLC
Warranty Deed
—
Mar 4, 2022
—
Kingswood Property LLC
Vinayak V Purandare
Correction Deed
related
—
May 9, 2005
—
Kingswood Property LLC
Purandare,vinayak V & Vidya V
Warranty Deed
—
Dec 27, 1996
—
Purandare Trust
Purandare,vinayak V & Vidya V
Quit Claim Deed
related
$350,000 · Suntrust Bank Central Florida
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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