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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Assisted living facilities
6026 Old Congress Rd Lake Worth, FL 33462-2430
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-4591729
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1977
Construction
CONCRETE
Total area
30,036 SF
Lot
2.07 ac (90,004 SF)
Zoning code
RM
APN
00-43-45-06-00-000-7040
UPID
US18-4591729
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
-
Cherry Oak Palm Beach County Nursing Home 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
$1.13M
Owner & transaction history
Copb Estate LLC · 6 yrs held
Copb Estate LLC
since 2019
4 recorded transactions
Zoning & alternative use
RM · Lake Worth, 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 Lake Worth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Worth 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
$38 / 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
$77,061
Tax year 2023
Assessed value
$4,574,231
Assessed 2023
Previous assessed
$4,384,638
+4.3% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,946,000
Assessed improvement
$2,628,231
Land market value
$1,946,000
Improvement market value
$2,628,231
Total market value
$4,574,231
Applied tax rate
203.0000
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
1977
Construction
CONCRETE
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Units
77
Rooms
77
Bathrooms
99
Total area
30,036 SF
Lot
2.07 ac (90,004 SF)
Zoning code
RM
APN
00-43-45-06-00-000-7040
UPID
US18-4591729
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
RM · Lake Worth, FL
Zoning RM · permitted uses
RM · Lake Worth, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Worth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
77
Rooms
77
Bathrooms
99
Lot
2.07 ac
Current owner
From public records · entity-resolved
Copb Estate LLC
Entity
Mailing address
9057 NW 57TH ST, TAMARAC, FL 33351-4305
Ownership since
2019
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
Aug 27, 2019
$6,155,000
Copb Estate LLC
Gold Standard Of Care/grtr Palm B
Trustees Deed
$6,000,000 · Bank Leumi USA
Jan 6, 2015
$3,900,000
Gold Standard Of Care & Grtr Palm B
Universal Props Of Lantana LLC
Grant Deed
$3,175,000 · Landmark Bk
—
—
Universal Props Of Lantana LLC
—
Deed Of Trust
related
$1,640,000 · Wells Fargo Bank
—
—
Universal Props Of Lantana LLC
—
Deed Of Trust
related
$2,500,000 · Branch Banking & 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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