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Property profile & analytics
OFF-MARKET
Estimated value
$14,500,000
Assisted living facilities
4000 20th Ave Gainesville, FL 32607-4417
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-5011304
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,506 SF
Lot
5.7 ac (248,292 SF)
Zoning code
U9
APN
06737-000-000
UPID
US18-5011304
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
-
Gainesville Health and Rehabilitation Center Rehabilitation Center Physical Therapy Clinic
-
Ilainis Pelaez Physician
-
Signature HealthCARE of Gainesville Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.50M
Owner & transaction history
Winter Park And Gainesville Propco · 1 yrs held
Winter Park And Gainesville Propco
since 2025
Last sale
$16.2M
7 recorded transactions
Zoning & alternative use
U9 · Gainesville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
mote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U5 Urban 5 U6 Urban 6 U7 Urban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Fa…
Zone name
Urban 9
General category
MIXED_USE
Zone area
499.91 ac
Source
code of ordinances
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$14,500,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.50M
Range $13.05M – $15.95M · ±10% · vs last sale $16.20M (Jun 3 2025)
Last sale anchor
$16.20M
Jun 3 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
$420 / 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
$162,081
Tax year 2023
Assessed value
$6,775,035
Assessed 2023
Previous assessed
$6,775,035
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$1,748,902
Assessed improvement
$5,026,133
Land market value
$1,748,902
Improvement market value
$5,026,133
Total market value
$6,775,035
Applied tax rate
3,600.0000
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Units
100
Rooms
94
Bathrooms
54
Total area
34,506 SF
Lot
5.7 ac (248,292 SF)
Zoning code
U9
APN
06737-000-000
UPID
US18-5011304
Jurisdiction
ALACHUA
Zoning & alternative use
U9 · Gainesville, FLZoning U9 · permitted uses
U9 · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
mote orderly urban growth, and to classify and regulate the use of land, water, buildings and structures within the city: Transects U1 Urban 1 U2 Urban 2 U3 Urban 3 U4 Urban 4 U5 Urban 5 U6 Urban 6 U7 Urban 7 U8 Urban 8 U9 Urban 9 DT Downtown Residential SF Single-Family RC Residential Conservation MH Mobile Home RMF-5 Single/Multi-Family RMF-6 to 8 Multi-Family Mixed-Use and Nonresidential MU-1 Mixed-Use Low-Intensity MU-2 Mixed-Use Medi
Zone name
Urban 9
General category
MIXED_USE
Zone area
499.91 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
100
Rooms
94
Bathrooms
54
Lot
5.7 ac
Current owner
From public records · entity-resolved
Winter Park And Gainesville Propco
Individual
Free & Clear · 1 yrs held
Mailing address
440 SYLVAN AVE STE #240, ENGLEWOOD CLIFFS, NJ 07632-2700
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2025
$16,200,000
Winter Park And Gainesville Propco
Gainesville Fl Propco LLC
Special Warranty Deed
—
Nov 7, 2022
—
Dmt Spe I LLC
—
Deed
related
—
Jun 23, 2020
—
Palm Bay Fl Propco LLC
—
Deed
related
$24,000,000 · Dmt Spe I LLC
Apr 3, 2020
$11,500,000
Gainesville Fl Propco LLC
Nrs Ventures LLC
Grant Deed
$29,664,000 · Dwight Mortgage Trust LLC
Jan 8, 2010
—
Nrs Ventures LLC
—
Deed Of Trust
related
$100,000,000 · General Electric Capital Corp
Mar 10, 2004
—
Nrs Ventures LLC
Omega Healthcare Investors INC
Grant Deed
related
—
Feb 6, 1998
$5,700,000
Omega Healthcare Investors INC
Gainesville Health Care Center
Grant Deed
—
—
—
Palm Bay Fl Propco LLC
—
Loan Modification
related
$24,000,000 · Dmt Spe I LLC
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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