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Property profile & analytics
OFF-MARKET
Estimated value
$9,010,000
Assisted living facilities
583 Hwy 351 Cross City, FL 32628-3108
Individually Owned
~
Est. High Equity
Property ID
US18-4723475
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,940 SF
Lot
4.09 ac (178,335 SF)
Zoning code
C-2
APN
04-10-12-1983-000M-000.0
UPID
US18-4723475
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
-
Cross City Nursing Home and Rehabilitation Rehabilitation Center 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
$9.01M
Owner & transaction history
Yisroel Bornstein
Yisroel Bornstein
since 2026
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
C-2 · Cross City, 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 Cross City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cross City 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
$393 / 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
$74,832
Tax year 2023
Assessed value
$2,677,800
Assessed 2023
Previous assessed
$2,676,200
+0.1% YoY
Effective rate
2.79%
On assessed value
Assessed land
$68,300
Assessed improvement
$2,609,500
Land market value
$68,300
Improvement market value
$2,609,500
Total market value
$2,677,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
22,940 SF
Lot
4.09 ac (178,335 SF)
Zoning code
C-2
APN
04-10-12-1983-000M-000.0
UPID
US18-4723475
Jurisdiction
DIXIE
Zoning & alternative use
C-2 · Cross City, FL
Zoning C-2 · permitted uses
C-2 · Cross City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cross City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.09 ac
Current owner
From public records · entity-resolved
Yisroel Bornstein
Individual
Mailing address
PO BOX 9268, HICKORY, NC 28603-9268
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Yisroel Bornstein
Cross City Realty LLC
Special Warranty Deed
—
Jan 7, 2026
$9,010,000
Cc 583 Ne 351 Hwy LLC
Yisroel Bornstein
Special Warranty Deed
$41,280,000 · Metropolitan Commercial Bank
Dec 12, 2018
$5,672,500
Cross City Realty LLC
Cross City Real Prop Vpc LLC
Grant Deed
—
Dec 12, 2018
—
Cross City Realty LLC
—
Loan Modification
related
$45,999,900 · White Oak Healthcare Fin LLC
Oct 4, 2016
$24,678,300
Cross City Real Prop Vpc LLC
Cross City Holdings LLC
Grant Deed
$80,540,000 · Greystone Svcg
Jan 4, 2011
—
Cross City Holdings LLC Ccre
—
Deed Of Trust
related
$1,590,000 · Ohi Asset (fl) Lender LLC
Feb 10, 2006
$2,750,000
Cross City Holdings
Dixie Health Care Cntrs
Warranty Deed
related
—
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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