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Property profile & analytics
OFF-MARKET
Assisted living facilities
700 Medical E Ct, Inverness, FL 34452-4698
Entity Owned
14-yr Hold
Free & Clear
Property ID
US18-3147684
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Construction
WOOD
Total area
23,416 SF
Lot
1.85 ac (80,673 SF)
Zoning code
RO RESIDENT/OFFICE
APN
20E-19S-18-0080-008.0
UPID
US18-3147684
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
-
Highland Place 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
Assisted Living Concepts INC · 14 yrs held
Assisted Living Concepts INC
since 2012
7 recorded transactions
Zoning & alternative use
RO RESIDENT/OFFICE · Inverness, 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 Inverness submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inverness 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
$47,910
Tax year 2023
Assessed value
$2,162,361
Assessed 2023
Previous assessed
$2,147,040
+0.7% YoY
Effective rate
2.22%
On assessed value
Assessed land
$266,220
Assessed improvement
$1,896,141
Land market value
$266,220
Improvement market value
$1,896,141
Total market value
$2,162,361
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
1997
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
47
Total area
23,416 SF
Lot
1.85 ac (80,673 SF)
Zoning code
RO RESIDENT/OFFICE
APN
20E-19S-18-0080-008.0
UPID
US18-3147684
Jurisdiction
CITRUS
Zoning & alternative use
RO RESIDENT/OFFICE · Inverness, FL
Zoning RO RESIDENT/OFFICE · permitted uses
RO RESIDENT/OFFICE · Inverness, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inverness. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
47
Lot
1.85 ac
Current owner
From public records · entity-resolved
Assisted Living Concepts INC
Entity
Free & Clear · 14 yrs held
Mailing address
330 N WABASH AVE STE #3700, CHICAGO, IL 60611-7605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Jun 2, 2016
—
Highland Terrace Aid Propco Ll
—
Deed
related
$2,512,000 · Keybank USA
Jun 21, 2012
$3,500,000
Assisted Living Concepts INC
Ventas Realty LP
Quit Claim Deed
related
—
Apr 8, 2005
$4,376,400
Ventas Realty
Inverness Of Georgia LLC
Warranty Deed
—
Dec 20, 2004
$3,200,000
Inverness Of Georgia LLC
Provident Group Highland Terra
Grant Deed
$2,200,000 · Bank Of North Georgia
Dec 20, 2004
—
Inverness Of Georgia LLC
Provident Group Highland Terra
Quit Claim Deed
related
—
Apr 24, 2002
$2,425,000
Provident,group-highland T
Campbell,kevin Tr
Quit Claim Deed
related
—
—
—
Highland Terrace Aid Propco Ll
—
Deed Of Trust
related
$2,512,000 · Keybank USA
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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