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Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Assisted living facilities
18400 Cochran Blvd, Port Charlotte, FL 33948-3343
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-2598812
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1998
Construction
WOOD
Total area
72,713 SF
Lot
3.76 ac (163,882 SF)
Zoning code
RMF12 MULTI-FAMILY
APN
40-22-07-453-001
UPID
US18-2598812
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
-
Truewood by Merrill, Charlotte Center 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
$2.37M
Owner & transaction history
18400 Cochran Boulevard LLC · 6 yrs held
18400 Cochran Boulevard LLC
since 2020
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
RMF12 MULTI-FAMILY · Port Charlotte, 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 Port Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Charlotte 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
$1,945,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±10% · vs last sale $2.37M (Feb 12 2020)
Last sale anchor
$2.37M
Feb 12 2020
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
$33 / 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
$116,891
Tax year 2023
Assessed value
$5,866,433
Assessed 2023
Previous assessed
$4,848,292
+21.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$697,500
Improvement market value
$9,725,798
Total market value
$10,423,298
Applied tax rate
104.0000
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
1998
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
3
Bathrooms
1
Total area
72,713 SF
Lot
3.76 ac (163,882 SF)
Zoning code
RMF12 MULTI-FAMILY
APN
40-22-07-453-001
UPID
US18-2598812
Jurisdiction
CHARLOTTE
Zoning & alternative use
RMF12 MULTI-FAMILY · Port Charlotte, FL
Zoning RMF12 MULTI-FAMILY · permitted uses
RMF12 MULTI-FAMILY · Port Charlotte, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Charlotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
3
Bathrooms
1
Lot
3.76 ac
Current owner
From public records · entity-resolved
18400 Cochran Boulevard LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2020
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
Feb 12, 2020
$2,369,500
18400 Cochran Boulevard LLC
Nic 4 Village Place Owner LLC
Grant Deed
$145,079 · Keybank USA
Aug 8, 2013
$9,979,200
Nic 4 Village Place Owner LLC
Village Place Retirement LLC
Special Warranty Deed
$114,250,000 · General Electric Capital Corp
Aug 27, 2010
$4,000,000
Village Place Retirement LLC
18400 Toledo Blade LLC
Grant Deed
related
—
Mar 1, 2010
$6,200,000
Village Place Retirement LLC
18400 Toledo Blade LLC
Grant Deed
—
Jun 2, 2005
$3,138,100
18400 Toledo Blade LLC
Bon Secours Place Of Port Charlot
Grant Deed
$7,500,000 · Bank Of America
—
—
Nic 4 Royal Palm Owner LLC
—
Loan Modification
related
$108,135,792 · General Elec Cap
—
—
Nic 4 Village Place Owner LLC
—
Loan Modification
related
$8,365,000 · Walker & Dunlop
—
—
Village Place Retirement LLC
—
Deed Of Trust
related
$9,079,086 · General Electric Capital Corp
—
—
Village Place Retirement LLC
—
Deed Of Trust
related
$14,567,586 · General Electric Capital Corp
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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