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Property profile & analytics
OFF-MARKET
Estimated value
$6,670,000
Assisted living facilities
991 New York Ave Deland, FL 32724-5664
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3296597
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,548 SF
Lot
0.87 ac (37,920 SF)
Zoning code
C1
APN
7010-21-02-0660
UPID
US18-3296597
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
-
Blue Lake Post Acute Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.67M
Owner & transaction history
991 East New York Avenue LLC · 2 yrs held
991 East New York Avenue LLC
since 2023
Last sale
$6.8M
5 recorded transactions
Zoning & alternative use
C1 · Deland, 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 Deland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deland 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
$6,580,000
ML approach
$6,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.67M
Range $6.00M – $7.34M · ±10% · vs last sale $6.80M (Jul 26 2023)
Last sale anchor
$6.80M
Jul 26 2023
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
$578 / 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
$23,604
Tax year 2023
Assessed value
$1,518,118
Assessed 2023
Previous assessed
$1,518,118
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$672,000
Assessed improvement
$846,118
Land market value
$672,000
Improvement market value
$846,118
Total market value
$1,518,118
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
22
Total area
11,548 SF
Lot
0.87 ac (37,920 SF)
Zoning code
C1
APN
7010-21-02-0660
UPID
US18-3296597
Jurisdiction
VOLUSIA
Zoning & alternative use
C1 · Deland, FL
Zoning C1 · permitted uses
C1 · Deland, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Deland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
22
Lot
0.87 ac
Current owner
From public records · entity-resolved
991 East New York Avenue LLC
Entity
Mailing address
851 NE 1ST AVE UNIT #701, MIAMI, FL 33132-1835
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
$6,800,000
991 East New York Avenue LLC
Deland Property Management 1 LLC
Special Warranty Deed
$15,726,900 · Ctr Partnership LP
Aug 21, 2019
—
Deland Prop Mgmt 1 LLC
—
Grant Deed
related
$6,350,000 · Mutual/omaha Bk
May 11, 2018
$3,050,000
Deland Prop Mgmt 1 LLC
Chr Deland East LLC
Trustees Deed
related
$10,760,000 · Pangea Mtg Cap LLC
Dec 22, 2009
—
Chr Panama City LLC
—
Deed Of Trust
related
$33,915,000 · Capital Funding INC
Dec 1, 2008
—
Chr Deland East LLC
Wkm Real Estate LLC
Warranty Deed
—
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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