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Property profile & analytics
OFF-MARKET
Assisted living facilities
5850 Limestone Rd Hockessin, DE 19707-9819
Entity Owned
6-yr Hold
Property ID
US17-0129829
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2015
Construction
CONCRETE
Total area
5,392 SF
Lot
19.38 ac (844,193 SF)
Zoning code
ST
APN
08-024.00-009
UPID
US17-0129829
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
-
The Summit Retirement Community
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
Kapg Hockessin Senior Housing LLC · 6 yrs held
Kapg Hockessin Senior Housing LLC
since 2020
7 recorded transactions
Zoning & alternative use
ST · Hockessin, DE
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 Hockessin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hockessin 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
$447,533
Tax year 2023
Assessed value
$13,729,900
Assessed 2023
Previous assessed
$13,729,900
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$1,744,200
Assessed improvement
$11,985,700
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
2015
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
4
Rooms
15
Bathrooms
3
Total area
5,392 SF
Lot
19.38 ac (844,193 SF)
Zoning code
ST
APN
08-024.00-009
UPID
US17-0129829
Jurisdiction
NEW CASTLE
Metro division
WILMINGTON, DE-MD-NJ METROPOLITAN DIVISION
Zoning & alternative use
ST · Hockessin, DEZoning ST · permitted uses
ST · Hockessin, DE
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
2015
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
4
Rooms
15
Bathrooms
3
Lot
19.38 ac
Current owner
From public records · entity-resolved
Kapg Hockessin Senior Housing LLC
Entity
Mailing address
PO BOX 36292, CHARLOTTE, NC 28236-6292
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2020
—
Kapg Hockessin Seniro Housing LLC
—
Deed
related
$80,929,000 · Capital One Bank NA
Jan 8, 2020
—
Kapg Hockessin Senior Housing LLC
Hockessin Senior Housing I Propco L
Deed
—
Jun 27, 2018
—
Hockessin Senior Housing I Propco L
—
Deed
related
$73,425,000 · Pnc Bank NA
Oct 11, 2017
—
Hockessin Senior Hsng I Propco
—
Grant Deed
related
$300,000,000 · Federal Hm Ln Mtg
Dec 15, 2015
$29,871,400
Hockessin Senior Housing I Propco L
Hockessin Health Partners LLC
Deed
—
Oct 8, 2013
—
Hockessin Health Partners LLC
Hockessin Health Partners LLC
Intrafamily Transfer
related
—
May 3, 2013
—
Hockessin Health Partners LLC
Hockessin Health Partners LLC
Quit Claim Deed
—
—
—
Traditions At Pike Creek LLC
—
Deed Of Trust
related
$450,500 · Nvr INC
—
—
Hockessin Health Partners LLC
—
Deed Of Trust
related
$1,250,000 · Susquehanna Com'l Fin INC
—
—
Raymond W Naudain
—
Deed Of Trust
related
$325,000 · Wilmington Trust Co
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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