Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,530,000
Assisted living facilities
2 Corporate Dr Palm Coast, FL 32137-4712
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3542221
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2018
Construction
STEEL FRAME
Total area
45,409 SF
Lot
3.9 ac (169,884 SF)
Zoning code
OFC-2
APN
14-11-30-0000-01010-0010
UPID
US18-3542221
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
-
Market Street Palm Coast Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.53M
Owner & transaction history
Artis Senior Living Of Palm Coast L · 1 yrs held
Artis Senior Living Of Palm Coast L
since 2025
Last sale
$8.0M
6 recorded transactions
Zoning & alternative use
OFC-2 · Palm Coast, 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 Palm Coast submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Coast 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
$7,160,000
ML approach
$6,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,430,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$9,595,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,745,000
Change: 0% · Conversion: Difficult
RESTAURANT
$6,390,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$5,680,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,070,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.53M
Range $6.78M – $8.28M · ±10% · vs last sale $8.00M (Jan 21 2025)
Last sale anchor
$8.00M
Jan 21 2025
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
$166 / 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
$89,370
Tax year 2023
Assessed value
$4,823,678
Assessed 2023
Previous assessed
$4,823,678
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$1,088,108
Assessed improvement
$3,735,570
Land market value
$1,088,108
Improvement market value
$3,735,570
Total market value
$4,823,678
Applied tax rate
61.0000
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
2018
Construction
STEEL FRAME
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
45,409 SF
Lot
3.9 ac (169,884 SF)
Zoning code
OFC-2
APN
14-11-30-0000-01010-0010
UPID
US18-3542221
Jurisdiction
FLAGLER
Zoning & alternative use
OFC-2 · Palm Coast, FL
Zoning OFC-2 · permitted uses
OFC-2 · Palm Coast, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Coast. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$11.4M
OFFICE BUILDING
Est. value
$9.6M
INDUSTRIAL (GENERAL)
Est. value
$8.7M
RESTAURANT
Est. value
$6.4M
RETAIL STORES
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.1M
COMMERCIAL (GENERAL)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
2018
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
3.9 ac
Current owner
From public records · entity-resolved
Artis Senior Living Of Palm Coast L
Individual
Mailing address
445 24TH ST STE #300, VERO BEACH, FL 32960-7502
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
Jan 21, 2025
$8,000,000
Artis Senior Living Of Palm Coast L
Market Street Palm Coast Re LLC
Special Warranty Deed
—
Jun 19, 2019
—
Market Street Palm Coast Re Ll
—
Loan Modification
related
$14,448,321 · United Cmnty Bk
Dec 29, 2017
—
Market Street Palm Coast Re Ll
—
Deed
related
$2,985,000 · Contemporary Healthcare Fund I
Mar 20, 2017
—
Market Street Palm Coast Re Ll
—
Grant Deed
related
$11,463,321 · United Cmnty Bk
Dec 12, 2016
$925,000
Market Street Palm Coast Re Ll
Itt LLC
Grant Deed
—
—
—
Market Street Palm Coast Re Ll
—
Loan Modification
related
$2,985,000 · Contemporary Healthcare Fund I
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Corporate Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
