New search
Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Medical Office Space
1046 Cypress Vlg Blvd Ruskin, FL 33573-6845
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-7749158
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,146 SF
Lot
3.94 ac (171,626 SF)
Zoning code
PD
APN
U023219ZZZ000001762604
UPID
US18-7749158
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
-
Absolute Surgical Specialists Medical Clinic
-
Craig Amshel Physician
-
Craig Edward Tampa Out-Pt Surgery Cent Physician
-
Randell Sehres, MD Pediatrician Physician
-
Absolute Surgical Specialists: Craig E. Amshel, M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Degrouch LLC · 2 yrs held
Degrouch LLC
since 2024
Last sale
$707,500
6 recorded transactions
Zoning & alternative use
PD · Ruskin, 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 Ruskin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ruskin 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$590,000
7%
$545,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,025,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,010,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$905,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$875,000
Change: -15% · Conversion: Easy
COMMERCIAL (GENERAL)
$875,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $708k (Apr 4 2024)
Last sale anchor
$708k
Apr 4 2024
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
$21,520
Tax year 2023
Assessed value
$1,263,500
Assessed 2023
Previous assessed
$1,170,700
+7.9% YoY
Effective rate
1.70%
On assessed value
Assessed land
$555,998
Assessed improvement
$707,502
Land market value
$555,998
Improvement market value
$707,502
Total market value
$1,263,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Total area
4,146 SF
Lot
3.94 ac (171,626 SF)
Zoning code
PD
APN
U023219ZZZ000001762604
UPID
US18-7749158
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Ruskin, FL
Zoning PD · permitted uses
PD · Ruskin, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ruskin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
RETAIL STORES
Est. value
$905,000
OFFICE BUILDING
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$875,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Lot
3.94 ac
Current owner
From public records · entity-resolved
Degrouch LLC
Entity
Mailing address
725 EAGLE LN, APOLLO BEACH, FL 33572-2718
Ownership since
2024
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
Apr 4, 2024
—
Degrouch LLC
Degrouch LLC
Deed
related
—
Oct 16, 2019
—
Degrouch LLC
—
Deed
related
$1,730,000 · Hancock Whitney Bk
Jun 27, 2016
—
Degrouch LLC
—
Deed
related
$1,766,000 · C1 Bk
Jul 14, 2008
$707,500
Degrouch LLC Series 1
Cypress Creek Land Corp
Warranty Deed
$623,534 · Rbc Bank
—
—
Degrouch LLC
—
Deed Of Trust
related
$1,730,000 · Hancock Whitney Bk
—
—
Degrouch LLC
—
Deed Of Trust
related
$1,766,000 · C1 Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1046 Cypress Vlg Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
