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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Assisted living facilities
5711 196th Ln Southwest Ranches, FL 33332-1136
Individually Owned
19-yr Hold
Property ID
US18-4645090
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1979
Construction
CONCRETE
Total area
2,854 SF
Lot
0.82 ac (35,746 SF)
Zoning code
A-1
APN
50-39-36-07-0090
UPID
US18-4645090
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$610k
Owner & transaction history
Lazaro Dorado · 19 yrs held
Lazaro Dorado
since 2006
3 recorded transactions
Zoning & alternative use
A-1 · Southwest Ranches, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(A) A-1, Agricultural Estate, and A-2, General Agricultural Districts are intended to apply to those areas of the Town designated Agricultural or Rural Ranches on the Future Land Use Plan Map of the Comprehensive Plan, the present or prospective use of which is primarily rural estates or agricultural. The regulations of these districts are intended to protec…
Zone name
Agricultural Estate
General category
AGRICULTURAL
Zone area
2,460.88 ac
Top alternative use upside
Warehouse, storage
$995,000
+49.7%
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 Southwest Ranches submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southwest Ranches 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
by Request
ML approach
by Request
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)
$665,000
Current use
WAREHOUSE, STORAGE
$995,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10%
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
$214 / 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
$15,001
Tax year 2023
Assessed value
$812,970
Assessed 2023
Previous assessed
$592,570
+37.2% YoY
Effective rate
1.85%
On assessed value
Assessed land
$178,730
Assessed improvement
$634,240
Land market value
$178,730
Improvement market value
$634,240
Total market value
$812,970
Applied tax rate
3,413.0000
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
1979
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
2
Total area
2,854 SF
Lot
0.82 ac (35,746 SF)
Zoning code
A-1
APN
50-39-36-07-0090
UPID
US18-4645090
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
A-1 · Southwest Ranches, FLZoning A-1 · permitted uses
A-1 · Southwest Ranches, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(A) A-1, Agricultural Estate, and A-2, General Agricultural Districts are intended to apply to those areas of the Town designated Agricultural or Rural Ranches on the Future Land Use Plan Map of the Comprehensive Plan, the present or prospective use of which is primarily rural estates or agricultural. The regulations of these districts are intended to protect, preserve and enhance the rural character and life-style of existing very low density areas and agricultural uses. (B) The RE, Rural Estate District is intended to apply to areas which are primarily residential estates and agricultural uses. The regulations of this district are intended to protect, preserve and enhance the character and life-style of existing low density areas in compliance with the Rural Estate and Estate land use plan designations of the Comprehensive Plan. (C) The RR, Rural Ranches District is intended to apply to areas designated Rural Ranches on the Future Land Use Plan Map of the Comprehensive Plan, and is intended to protect, preserve and enhance the rural character and life-style of existing very low density neighborhoods predominately for one-family dwelling, with ranches and related agricultural uses.
Zone name
Agricultural Estate
General category
AGRICULTURAL
Zone area
2,460.88 ac
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$995,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
WAREHOUSE, STORAGE
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
1979
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Lazaro Dorado
Individual
Mailing address
4678 85TH RD, LIVE OAK, FL 32060-8925
Ownership since
2006
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
Aug 9, 2006
$640,000
Lazaro Dorado
Turk,miro R
Warranty Deed
$512,000 · Wmc Mortgage Corp
Mar 6, 1997
$213,000
Miro R Turk
Powell,larry J & Rebecca L
Grant Deed
$170,400 · Circle Mortgage Corp
—
—
Miro R Turk
—
Deed Of Trust
related
$167,000 · Circle Mortgage Corp
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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