New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,750,000
Assisted living facilities
2040 Town Ctr Blvd Fleming Island, FL 32003-6321
Entity Owned
Free & Clear
Property ID
US18-7525917
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2019
Construction
WOOD
Total area
76,965 SF
Lot
12.51 ac (544,935 SF)
Zoning code
PUD
APN
08-05-26-014266-033-00
UPID
US18-7525917
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 - Fleming Island Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.45M
Blend (final)
Blend
$11.75M
Owner & transaction history
Clay Healthcare Properties INC
Clay Healthcare Properties INC
since 2026
Last sale
$14.4M
3 recorded transactions
Zoning & alternative use
PUD · Fleming Island, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.4M
+148.3%
Warehouse, storage
$12.2M
+110.8%
Commercial (general)
$10.6M
+83.7%
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 Fleming Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fleming Island 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
$12,335,000
ML approach
$9,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,370,000
Change: +148% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,195,000
Change: +111% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,630,000
Change: +84% · Conversion: Difficult
RESTAURANT
$8,120,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$7,310,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$11.75M
Range $10.58M – $12.93M · ±10% · vs last sale $14.41M (Sep 13 2022)
Last sale anchor
$14.41M
Sep 13 2022
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
$153 / 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
$279,052
Tax year 2023
Assessed value
$13,365,443
Assessed 2023
Previous assessed
$13,010,276
+2.7% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,771,041
Assessed improvement
$11,594,402
Land market value
$1,771,041
Improvement market value
$11,594,402
Total market value
$13,365,443
Applied tax rate
1.0000
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
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Units
97
Total area
76,965 SF
Lot
12.51 ac (544,935 SF)
Zoning code
PUD
APN
08-05-26-014266-033-00
UPID
US18-7525917
Jurisdiction
CLAY
Zoning & alternative use
PUD · Fleming Island, FL
Zoning PUD · permitted uses
PUD · Fleming Island, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fleming Island. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$14.4M
WAREHOUSE, STORAGE
Est. value
$12.2M
COMMERCIAL (GENERAL)
Est. value
$10.6M
RESTAURANT
Est. value
$8.1M
MEDICAL BUILDING
Est. value
$7.3M
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
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
2019
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
97
Lot
12.51 ac
Current owner
From public records · entity-resolved
Clay Healthcare Properties INC
Entity
Free & Clear · 0 yrs held
Mailing address
2829 TOWNSGATE RD STE #350, WESTLAKE VILLAGE, CA 91361-3019
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
$18,639,800
Clay Healthcare Properties INC
Psf Real Estateinvestments LLC
Special Warranty Deed
—
Sep 13, 2022
$14,407,800
Psf Real Estate Investments LLC
Clay Healthcare Properties INC
Special Warranty Deed
—
Jul 15, 2016
—
Clay Healthcare Properties INC
Bellsouth Telecommunications
Grant 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.
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 2040 Town Ctr Blvd?
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.
