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Property profile & analytics
OFF-MARKET
Assisted living facilities
7207 24th Ave, Gainesville, FL 32607-3706
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-0579022
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
68,156 SF
Lot
7.23 ac (314,939 SF)
Zoning code
PD
APN
06838-001-002
UPID
US18-0579022
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
-
Woodland Care Center of Alachua Medical Clinic
-
Terrace Health & Rehabilitation Center Nursing Home
-
Dr. John Brandt Pediatrician Physician
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
7207 Sw 24 Re LLC · 5 yrs held
7207 Sw 24 Re LLC
since 2021
Last sale
$151,800
6 recorded transactions
Zoning & alternative use
PD · Gainesville, 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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$158,598
Tax year 2023
Assessed value
$7,475,250
Assessed 2023
Previous assessed
$7,903,336
-5.4% YoY
Effective rate
2.12%
On assessed value
Assessed land
$894,420
Assessed improvement
$6,580,830
Land market value
$894,420
Improvement market value
$6,580,830
Total market value
$7,475,250
Applied tax rate
400.0000
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
100
Rooms
25
Bathrooms
15
Total area
68,156 SF
Lot
7.23 ac (314,939 SF)
Zoning code
PD
APN
06838-001-002
UPID
US18-0579022
Jurisdiction
ALACHUA
Zoning & alternative use
PD · Gainesville, FL
Zoning PD · permitted uses
PD · Gainesville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
100
Rooms
25
Bathrooms
15
Lot
7.23 ac
Current owner
From public records · entity-resolved
7207 Sw 24 Re LLC
Entity
Mailing address
2701 FLATBUSH AVE #22, BROOKLYN, NY 11234-7004
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
$151,800
7207 Sw 24 Re LLC
Wcc Real Estate LLC
Special Warranty Deed
$368,000,000 · Monticello Funding Bth 47 LLC
May 23, 2019
—
Wcc Real Estate LLC
—
Loan Modification
related
$13,793,452 · Cibc Bk USA
May 1, 2018
—
Wcc Real Estate LLC
—
Loan Modification
related
$13,972,752 · Cibc Bk USA
Mar 18, 2005
$6,436,600
Wcc Real Estate LLC
Woodlands Care Center Of Alachua
Warranty Deed
—
—
—
Wcc Real Estate LLC
—
Deed Of Trust
related
$647,360 · Lasalle National Bank
—
—
Wcc Real Estate LLC
—
Deed Of Trust
related
$11,000,000 · Privatebank & Trust
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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