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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Medical Office Space
425 Nursing Home Dr Arcadia, FL 34266-3839
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3489176
Property summary
AI-generated overview
This exceptional investment opportunity presents a fully leased, single-story medical office building totaling 7,873 square feet situated on one acre in Arcadia, Florida. Built in 2007, the Class B property boasts a strong 6.75% cap rate and a current NOI of $173,206. The property is 100% occupied by two tenants under a triple-net (NNN) lease with a remaining term of 5.8 years, commencing September 1, 2023, and expiring August 31, 2030. The lease includes three 3-year renewal options with 2% annual rent bumps. The building is zoned for professional use and benefits from excellent visibility adjacent to DeSoto Memorial Hospital. Minimal landlord responsibilities are included in the lease, covering only the roof and structure. The asking price is $2,566,014, translating to $325.93 per square foot. This is a rare opportunity to acquire a stable, high-performing medical office investment in a desirable location. The property features a single building with one unit. The APN is 30-37-25-0A00-1422-0000.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,022 SF
Lot
1 ac (43,560 SF)
Zoning code
PUD
APN
30-37-25-0A00-1422-0000
UPID
US18-3489176
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
-
Dr. Wael Alokeh, MD Physician
-
Demler James W MD Physician Medical Clinic
-
Dr. Bassam Altajar, MD Physician
-
Gapin Tracy B MD Physician Medical Clinic
-
Cary L Dunn Pa Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
Mountain Sunset Serenade LLC · 1 yrs held
Mountain Sunset Serenade LLC
since 2025
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
PUD · Arcadia, 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 Arcadia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arcadia 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
$2,025,000
ML approach
$2,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,665,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±10% · vs last sale $2.35M (May 19 2025)
Last sale anchor
$2.35M
May 19 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
$276 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,456
Tax year 2022
Assessed value
$661,231
Assessed 2023
Previous assessed
$618,234
+7.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$108,900
Assessed improvement
$552,331
Land market value
$108,900
Improvement market value
$552,331
Total market value
$661,231
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Rooms
19
Total area
8,022 SF
Lot
1 ac (43,560 SF)
Zoning code
PUD
APN
30-37-25-0A00-1422-0000
UPID
US18-3489176
Jurisdiction
DE SOTO
Zoning & alternative use
PUD · Arcadia, FL
Zoning PUD · permitted uses
PUD · Arcadia, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arcadia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Rooms
19
Lot
1 ac
Current owner
From public records · entity-resolved
Mountain Sunset Serenade LLC
Entity
Mailing address
425 NURSING HOME DR, ARCADIA, FL 34266-3839
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$2,345,000
Mountain Sunset Serenade LLC
Wba LLC
Special Warranty Deed
$1,400,000 · Midfirst Bank
Nov 12, 2004
$106,300
Wba LLC
Porter Dickens Golder-arcadia
Warranty Deed
$85,000 · First State Bank Arcadia
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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