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Property profile & analytics
OFF-MARKET
Estimated value
$2,420,000
Assisted living facilities
18940 Sunlake Blvd, Lutz, FL 33558-4943
Individually Owned
5-yr Hold
Free & Clear
Property ID
US18-7033646
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2022
Construction
WOOD
Total area
95,591 SF
Lot
8.47 ac (368,953 SF)
Zoning code
ASC-1
APN
U102718ZZZ000000508000
UPID
US18-7033646
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
-
PruittHealth Hillsboro Nursing Home
-
PruittHealth - North Tampa Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Hillsborough Healthcare Prop I · 5 yrs held
Hillsborough Healthcare Prop I
since 2020
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
ASC-1 · Lutz, 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 Lutz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutz 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
$2,475,000
ML approach
$2,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±10% · vs last sale $2.10M (Mar 6 2020)
Last sale anchor
$2.10M
Mar 6 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
$25 / 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
$501,585
Tax year 2023
Assessed value
$13,659,300
Assessed 2023
Previous assessed
$400,480
+3,310.7% YoY
Effective rate
3.67%
On assessed value
Assessed land
$434,892
Assessed improvement
$13,224,408
Land market value
$434,892
Improvement market value
$13,224,408
Total market value
$13,659,300
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
2022
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
95,591 SF
Lot
8.47 ac (368,953 SF)
Zoning code
ASC-1
APN
U102718ZZZ000000508000
UPID
US18-7033646
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
ASC-1 · Lutz, FL
Zoning ASC-1 · permitted uses
ASC-1 · Lutz, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
8.47 ac
Current owner
From public records · entity-resolved
Hillsborough Healthcare Prop I
Individual
Free & Clear · 5 yrs held
Mailing address
1626 JEURGENS CT, NORCROSS, GA 30093-2219
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
Buckhead Healthcare Properties INC
—
Deed
related
$33,000,000 · Berkadia Commercial Mortgage LLC
Nov 20, 2020
—
Hillsborough Healthcare Prop I
—
Deed
related
$84,679,498 · Truist Bk
Nov 10, 2020
—
Hillsborough Healthcare Prop I
Michael Almerico
Correction Deed
related
—
Mar 6, 2020
—
Hillsborough Healthcare Prop I
—
Deed
related
$1,895,921 · Citizens Tr Bk Mtg Svcs
—
—
Hillsborough Healthcare Prop I
—
Deed Of Trust
related
$84,679,498 · Truist Bk
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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