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Property profile & analytics
OFF-MARKET
Estimated value
$1,390,000
Assisted living facilities
1550 Lawnwood Cir Fort Pierce, FL 34950-4972
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-9119773
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2000
Construction
CONCRETE BLOCKS
Total area
43,581 SF
Lot
4.17 ac (181,770 SF)
Zoning code
MEDIUM DEN
APN
2416-504-0211-030-1
UPID
US18-9119773
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
-
Tracy Berg Physician
-
Fit Rehab & Consultants Physician
-
The Lynmoore at Lawnwood Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.39M
Owner & transaction history
Wojv Ft Pierce LLC · 6 yrs held
Wojv Ft Pierce LLC
since 2019
7 recorded transactions
Zoning & alternative use
MEDIUM DEN · Fort Pierce, 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 Fort Pierce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Pierce 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
by Request
ML approach
by Request
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)
$1,315,000
Current use
Blend value · Realmo final
$1.39M
Range $1.25M – $1.53M · ±10%
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
$32 / 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
$188,300
Tax year 2023
Assessed value
$15,021,400
Assessed 2023
Previous assessed
$4,450,600
+237.5% YoY
Effective rate
1.25%
On assessed value
Assessed land
$636,200
Assessed improvement
$14,385,200
Land market value
$636,200
Improvement market value
$14,385,200
Total market value
$15,021,400
Applied tax rate
22.0000
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
2000
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
140
Rooms
87
Total area
43,581 SF
Lot
4.17 ac (181,770 SF)
Zoning code
MEDIUM DEN
APN
2416-504-0211-030-1
UPID
US18-9119773
Jurisdiction
ST LUCIE
Zoning & alternative use
MEDIUM DEN · Fort Pierce, FLZoning MEDIUM DEN · permitted uses
MEDIUM DEN · Fort Pierce, 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
$1.3M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
2000
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
140
Rooms
87
Lot
4.17 ac
Current owner
From public records · entity-resolved
Wojv Ft Pierce LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2019
$27,750,000
Wojv Ft Pierce LLC
Lawnwood Commons R/e LLC
Trustees Deed
$79,671,000 · M&t Rlty Cap
Dec 5, 2017
—
Lawnwood Commons R & E LLC
—
Grant Deed
related
$17,840,000 · Keybank USA
Jan 11, 2012
—
Commons Real Estate L Lawnwood
—
Deed Of Trust
related
$67,000,000 · Key Bank NA
Nov 21, 2007
$7,550,000
Lawnwood Commons R/e LLC
Perfect Healthcare Of Ft Pierce L
Grant Deed
$5,830,740 · Guaranty Bank
Jan 20, 2005
—
Perfect Healthcare Of Ft Pierce LLC
Atlantic Community Care INC
Special Warranty Deed
$2,225,000 · First Peoples Bank
Jan 29, 1999
$787,500
Atlantic Community Care INC
Lawnwood Development Co INC
Grant Deed
—
Oct 2, 1998
$80,000
Altames S Hylick
Lawnwood Development Co INC
Grant Deed
$72,000 · Seller
—
—
Perfect Healthcare Of Ft Pierce L
—
Deed Of Trust
related
$500,000 · First Peoples Bank
—
—
Michael Panariello
—
Deed Of Trust
related
$53,500 · Alliance Funding Co
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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