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Property profile & analytics
OFF-MARKET
Assisted living facilities
191 Lk Molly Ave Deland, FL 32724-1705
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-4978786
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1946
Construction
WOOD
Total area
4,012 SF
Lot
0.3 ac (13,203 SF)
Zoning code
R3
APN
6033-00-00-0340
UPID
US18-4978786
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Karuna Buildings LLC · 1 yrs held
Karuna Buildings LLC
since 2025
Last sale
$315,000
6 recorded transactions
Zoning & alternative use
R3 · Deland, 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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,610
Tax year 2023
Assessed value
$251,425
Assessed 2023
Previous assessed
$171,993
+46.2% YoY
Effective rate
1.83%
On assessed value
Assessed land
$67,500
Assessed improvement
$183,925
Land market value
$67,500
Improvement market value
$183,925
Total market value
$251,425
Applied tax rate
100.0000
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
1946
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
7
Total area
4,012 SF
Lot
0.3 ac (13,203 SF)
Zoning code
R3
APN
6033-00-00-0340
UPID
US18-4978786
Jurisdiction
VOLUSIA
Zoning & alternative use
R3 · Deland, FL
Zoning R3 · permitted uses
R3 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
7
Lot
0.3 ac
Current owner
From public records · entity-resolved
Karuna Buildings LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2890 S US HWY 1792, CASSELBERRY, FL 32707-2906
Ownership since
2025
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
Jul 17, 2025
—
Karuna Buildings LLC
—
Deed
related
$497,837 · Anchor Nationwide Loans LLC
Feb 6, 2025
—
Karuna Buildings LLC
Servicios De Sellado International
Warranty Deed
—
Mar 10, 2023
—
Karuna Buildings LLC
—
Deed
related
$243,000 · Rb Mortgage LLC
May 12, 2022
$315,000
Karuna Buildings LLC
Sustainable Ecohomes LLC
Warranty Deed
—
Mar 24, 2022
—
Lake Molly Partners LLC
Andres Ospina Rivera LLC
Intrafamily Transfer
related
—
Mar 7, 2022
$230,000
Andres Ospina Rivera LLC
Lake Molly Partners LLC
Warranty Deed
—
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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