Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,770,000
Assisted living facilities
5345 18th Ave Hialeah, FL 33012
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-6321465
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1984
Construction
CONCRETE
Total area
53,191 SF
Lot
1.39 ac (60,548 SF)
Zoning code
4400:MULTI-FAMILY,3 STORY
APN
04-2035-085-0010
UPID
US18-6321465
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
-
Susanna Wesley Health Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.68M
Blend (final)
Blend
$10.77M
Owner & transaction history
Allarian Rehab & Senior Ewing Propc · 3 yrs held
Allarian Rehab & Senior Ewing Propc
since 2023
Last sale
$11.5M
3 recorded transactions
Zoning & alternative use
4400:MULTI-FAMILY,3 STORY · Hialeah, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$15.3M
+24.7%
Commercial (general)
$14.9M
+21.8%
Retail stores
$13.7M
+11.6%
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 Hialeah submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hialeah 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
$9,475,000
ML approach
$8,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$12,240,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,265,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,915,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$13,660,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$10.77M
Range $9.69M – $11.85M · ±10% · vs last sale $11.46M (Apr 28 2023)
Last sale anchor
$11.46M
Apr 28 2023
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
$202 / 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
Assessed value
$9,380,000
Assessed 2023
Previous assessed
$8,365,166
+12.1% YoY
Assessed land
$2,119,180
Assessed improvement
$7,260,820
Land market value
$2,119,180
Improvement market value
$7,260,820
Total market value
$9,380,000
Applied tax rate
400.0000
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
AC.CHILLED WATER
Stories
3
Units
120
Total area
53,191 SF
Lot
1.39 ac (60,548 SF)
Zoning code
4400:MULTI-FAMILY,3 STORY
APN
04-2035-085-0010
UPID
US18-6321465
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
4400:MULTI-FAMILY,3 STORY · Hialeah, FL
Zoning 4400:MULTI-FAMILY,3 STORY · permitted uses
4400:MULTI-FAMILY,3 STORY · Hialeah, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hialeah. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.3M
COMMERCIAL (GENERAL)
Est. value
$14.9M
RETAIL STORES
Est. value
$13.7M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
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
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
3
Units
120
Lot
1.39 ac
Current owner
From public records · entity-resolved
Allarian Rehab & Senior Ewing Propc
Individual
Mailing address
1105 E COUNTY LINE RD STE #201, LAKEWOOD, NJ 08701-2178
Ownership since
2023
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
Apr 28, 2023
$11,463,700
Allarian Rehab & Senior Ewing Propc
Susanna Wesley Health Center INC
Special Warranty Deed
$34,762,500 · Vnb New York LLC
—
—
Epworth Village West INC
—
Deed Of Trust
related
$577,500 · Us Small Business Admn
—
—
Epworth Village West INC
—
Deed Of Trust
related
$11,000,000 · Suntrust Bk/middle Ga
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 5345 18th Ave?
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.
