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Property profile & analytics
OFF-MARKET
Estimated value
$6,525,000
Assisted living facilities
3400 Jog Rd Greenacres, FL 33467-2080
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3880170
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Construction
CONCRETE
Total area
55,047 SF
Lot
3.86 ac (168,359 SF)
Zoning code
RM-2
APN
18-42-44-22-53-001-0000
UPID
US18-3880170
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
$6.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.62M
Blend (final)
Blend
$6.53M
Owner & transaction history
Greenacres Propco LLC · 1 yrs held
Greenacres Propco LLC
since 2024
Last sale
$6.5M
3 recorded transactions
Zoning & alternative use
RM-2 · Greenacres, 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 Greenacres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenacres 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
$6,525,000
ML approach
$6,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.53M
Range $5.87M – $7.18M · ±10% · vs last sale $6.53M (Sep 10 2024)
Last sale anchor
$6.53M
Sep 10 2024
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
$119 / 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
$155,827
Tax year 2023
Assessed value
$8,095,198
Assessed 2023
Previous assessed
$8,095,198
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$2,580,200
Assessed improvement
$5,514,998
Land market value
$2,580,200
Improvement market value
$5,514,998
Total market value
$8,095,198
Applied tax rate
18,982.0000
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
2001
Construction
CONCRETE
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Units
97
Total area
55,047 SF
Lot
3.86 ac (168,359 SF)
Zoning code
RM-2
APN
18-42-44-22-53-001-0000
UPID
US18-3880170
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM-2 · Greenacres, FL
Zoning RM-2 · permitted uses
RM-2 · Greenacres, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenacres. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
97
Lot
3.86 ac
Current owner
From public records · entity-resolved
Greenacres Propco LLC
Entity
Mailing address
770 E GOODLETTE-FRANK RD N UNIT #225, NAPLES, FL 34102-5607
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 10, 2024
$6,525,000
Greenacres Propco LLC
The Commons At Greenacres Ltd
Special Warranty Deed
$6,600,000 · Locust Point Private Credit Fund II
Sep 6, 2017
—
Commons At Greenacres Ltd
—
Deed
related
$7,600,000 · Berkadia Com'l Mtg
—
—
Commons At Greenacres Ltd
—
Loan Modification
related
$7,600,000 · Berkadia Com'l Mtg
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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