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Property profile & analytics
FOR SALE
Warehouses

18520 Blue Star Hwy Quincy, FL 32351

13,259 SF 13 ac lot Built 1997
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US18-4832953
Property summary
AI-generated overview

This exceptional 17,351 square foot assisted living facility presents a unique investment opportunity. Currently approximately 75-80% complete, this single-story building sits on a spacious 13-acre lot, conveniently located approximately 2.6 miles from downtown Quincy, Florida. The facility features two wings, east and west, each designed to accommodate 24 residents, with a total capacity of 48 residents. Each of the 24 bedrooms includes double walk-in closets, a private shower, toilet, and vanity. Residents will enjoy ample common areas, including eight separate lounge areas, a dedicated dining room, and a fully equipped commercial kitchen. The property also includes a separate building housing a chapel, a multi-purpose conference room ideal for training or meetings, a beauty salon, and a private bedroom suite for guests. To reach full completion, the property requires the installation of flooring, light fixtures, plumbing fixtures, HVAC units, kitchen appliances, as well as the construction of a parking lot and landscaping. This is a remarkable opportunity to acquire a nearly finished assisted living facility with significant potential for growth and profitability in a desirable location. The substantial acreage provides ample room for future expansion or additional amenities. The property is priced at $1,249,000.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1997
Construction CONCRETE
Total area 13,259 SF
Lot 13 ac (566,280 SF)
APN 3-10-2N-4W-0000-00134-0400
UPID US18-4832953
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
  • Gussie’s Garden Inn Nursing Home Retirement Community
  • Sunshine Fireworks (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.77M
Comparable Approach Comparable
$936k
Blend (final) Blend
$1.42M
Owner & transaction history
Gussies Garden Inn INC
Gussies Garden Inn INC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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