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Property profile & analytics
OFF-MARKET
Assisted living facilities
524 Highland N St, Saint Petersburg, FL 33701-2120
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-9120205
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1918
Construction
FRAME
Total area
3,528 SF
Lot
0.14 ac (6,068 SF)
APN
18-31-17-19242-000-0210
UPID
US18-9120205
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
-
M.a.g. Team Economic Consultant
-
Lepe's House Retirement Community 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
by Request
Owner & transaction history
Bac Quality Corporation · 4 yrs held
Bac Quality Corporation
since 2022
Last sale
$450,000
4 recorded transactions
Zoning & alternative use
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 Saint Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Petersburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,355
Tax year 2023
Assessed value
$320,000
Assessed 2023
Previous assessed
$320,000
+0.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$279,400
Improvement market value
$40,600
Total market value
$320,000
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
1918
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
12
Bathrooms
3
Total area
3,528 SF
Lot
0.14 ac (6,068 SF)
APN
18-31-17-19242-000-0210
UPID
US18-9120205
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1918
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
12
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Bac Quality Corporation
Entity
Mailing address
6050 17TH AVE N, SAINT PETERSBURG, FL 33710-5638
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2022
$450,000
Bac Quality Corporation
M A G Team INC
Warranty Deed
$400,000 · M A G Team INC
Aug 30, 2002
$250,000
M A G Team INC
Stafford,lily E
Grant Deed
$215,000 · Lily E Stafford
Sep 22, 1999
$30,000
Kai C Choong
Choong,kai C
Quit Claim Deed
related
—
—
—
Kai C Choong
—
Deed Of Trust
related
$75,800 · Amsouth Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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