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Property profile & analytics
OFF-MARKET
Estimated value
$7,215,000
Assisted living facilities
8417 Old County Rd 54, New Port Richey, FL 34653-6418
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5187510
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1984
Total area
39,060 SF
Lot
6.26 ac (272,686 SF)
Zoning code
0MF1
APN
14-26-16-0000-00300-0030
UPID
US18-5187510
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
-
Nursing and Rehabilitation Center of New Port Richey Rehabilitation Center
-
Christina Glenn Physician
-
Sandra Derosso Physician
-
Raydiant Health Care of New Port Richey Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.82M
Blend (final)
Blend
$7.22M
Owner & transaction history
Crea New Port Richey LLC · 4 yrs held
Crea New Port Richey LLC
since 2022
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
0MF1 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.0M
+51.6%
Medical building
$7.6M
+4.4%
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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
$8,725,000
ML approach
$7,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$7,265,000
Current use
RETAIL STORES
$11,010,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$7,585,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,720,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$5,820,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$7.22M
Range $6.49M – $7.94M · ±10% · vs last sale $6.83M (Feb 16 2022)
Last sale anchor
$6.83M
Feb 16 2022
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
$185 / 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
$72,776
Tax year 2023
Assessed value
$4,155,212
Assessed 2023
Previous assessed
$2,143,767
+93.8% YoY
Effective rate
1.75%
On assessed value
Assessed land
$761,044
Assessed improvement
$3,394,168
Land market value
$761,044
Improvement market value
$3,394,168
Total market value
$4,155,212
Applied tax rate
9,100.0000
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
1984
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
120
Bathrooms
76
Total area
39,060 SF
Lot
6.26 ac (272,686 SF)
Zoning code
0MF1
APN
14-26-16-0000-00300-0030
UPID
US18-5187510
Jurisdiction
PASCO
Zoning & alternative use
0MF1 · New Port Richey, FL
Zoning 0MF1 · permitted uses
0MF1 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$7.3M
RETAIL STORES
Est. value
$11.0M
MEDICAL BUILDING
Est. value
$7.6M
COMMERCIAL (GENERAL)
Est. value
$6.7M
OFFICE BUILDING
Est. value
$5.8M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
120
Bathrooms
76
Lot
6.26 ac
Current owner
From public records · entity-resolved
Crea New Port Richey LLC
Entity
Mailing address
1 EXCHANGE PLZ STE #2001, NEW YORK, NY 10006-3736
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
—
Crea New Port Richey LLC
—
Deed
related
$60,000,000 · Metropolitan Commercial Bank
Feb 16, 2022
$6,830,000
Crea New Port Richey LLC
Re New Port Richey LLC
Special Warranty Deed
—
Feb 16, 2022
—
Consulate Facility Leasing LLC
Re New Port Richey LLC
Lease
—
Aug 30, 2018
$130,000,000
Re New Port Richey LLC
Fc-thc Leasing III LLC
Grant Deed
—
Aug 30, 2018
—
Re New Port Richey LLC
—
Loan Modification
related
$63,609,262 · Bear Crk Products 2018-5 (snf
Oct 17, 2012
—
Fc-thc Leasing III LLC
—
Deed Of Trust
related
$55,938,061 · General Electric Capital Corp
Oct 19, 2009
$7,400,000
Fc-thc Leasing III LLC
Health Care Reit INC
Grant Deed
$37,000,000 · Capitalsource Bank
Apr 2, 1998
$6,567,000
Health Care Reit INC
Sunbelt Care Center INC
Grant Deed
—
—
—
Fc-thc Leasing III LLC
—
Loan Modification
related
$130,000,000 · Fa-scd Snf Investors I LLC
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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