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Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Hospitals
7334 Navarre Pkwy Navarre, FL 32566-7752
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-7195456
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,350 SF
Lot
9.1 ac (396,570 SF)
Zoning code
HCD
APN
24-2S-27-0000-00101-0000
UPID
US18-7195456
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.28M
CAP Approach
CAP
$4.18M
Comparable Approach
Comparable
$4.52M
Blend (final)
Blend
$3.31M
Owner & transaction history
Sacred Heart Health System INC · 6 yrs held
Sacred Heart Health System INC
since 2020
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
HCD · Navarre, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+24.4%
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 Navarre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Navarre 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
Method
Estimation
Statistic approach
$3,355,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
$4,525,000
6.5%
$4,175,000
7%
$3,880,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,280,000
Current use
RESTAURANT
$4,080,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$2,975,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±10% · vs last sale $3.30M (Jan 23 2020)
Last sale anchor
$3.30M
Jan 23 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$171 / 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
$3,724
Tax year 2023
Assessed value
$6,330,385
Assessed 2023
Previous assessed
$5,998,318
+5.5% YoY
Effective rate
0.06%
On assessed value
Assessed land
$2,617,238
Assessed improvement
$3,713,147
Land market value
$2,617,238
Improvement market value
$3,713,147
Total market value
$6,330,385
Applied tax rate
12.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
50
Total area
19,350 SF
Lot
9.1 ac (396,570 SF)
Zoning code
HCD
APN
24-2S-27-0000-00101-0000
UPID
US18-7195456
Jurisdiction
SANTA ROSA
Zoning & alternative use
HCD · Navarre, FL
Zoning HCD · permitted uses
HCD · Navarre, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Navarre. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.3M
RESTAURANT
Est. value
$4.1M
RETAIL STORES
Est. value
$3.0M
MEDICAL BUILDING Current
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
50
Lot
9.1 ac
Current owner
From public records · entity-resolved
Sacred Heart Health System INC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2020
$3,295,000
Sacred Heart Health System INC
Titan Ventures Management LLC
Warranty Deed
—
Jul 26, 2018
$925,000
Mercury Ventures Invs LLC
Titan Ventures Management LLC
Grant Deed
—
Feb 1, 2017
$2,024,000
Wal-mart Stores East LP
Titan Ventures Management LLC
Grant Deed
—
Feb 12, 2008
$7,000,000
Titan Ventures Management Corp
Navarre Villas LLC
Warranty Deed
—
Jun 28, 2005
$4,900,000
Navarre Villas LLC
Fenstemacher,keith A
Warranty Deed
$4,000,000 · Compass Bank
Feb 12, 2004
$1,160,000
Keith A Fenstemacher
Reishus,marlin B Tr
Grant Deed
$909,500 · Regions Bank
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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