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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Medical Office Space
10901 Sheldon Rd Tampa, FL 33626-4702
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-3791621
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,060 SF
Lot
3.04 ac (132,234 SF)
Zoning code
BPO
APN
U142817ZZZ000000316200
UPID
US18-3791621
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
-
JEFFREY SCOTT WALKER Physician
-
Westchase Surgery Center Medical Clinic Hospital
-
Scott Gargasz Physician Medical Clinic
-
BART RADEMAKER Physician Medical Clinic
-
ROSS SHERBAN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$2.09M
Owner & transaction history
Westchase Real Estate Partners LLC · 19 yrs held
Westchase Real Estate Partners LLC
since 2007
6 recorded transactions
Zoning & alternative use
BPO · Tampa, 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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,400,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$2,925,000
Change: -17% · Conversion: Easy
RETAIL STORES
$2,900,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10%
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
$160 / 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
$49,334
Tax year 2023
Assessed value
$2,691,000
Assessed 2023
Previous assessed
$2,471,800
+8.9% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,300,191
Assessed improvement
$1,390,809
Land market value
$1,300,191
Improvement market value
$1,390,809
Total market value
$2,691,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
13,060 SF
Lot
3.04 ac (132,234 SF)
Zoning code
BPO
APN
U142817ZZZ000000316200
UPID
US18-3791621
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
BPO · Tampa, FLZoning BPO · permitted uses
BPO · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.9M
RETAIL STORES
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
3.04 ac
Current owner
From public records · entity-resolved
Westchase Real Estate Partners LLC
Entity
Mailing address
550 N REO ST STE #100, TAMPA, FL 33609-1033
Ownership since
2007
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
Jul 30, 2007
$850,000
Westchase Real Estate Partners LLC
Ernest Guerra
Warranty Deed
$1,334,500 · Wachovia Bank NA
Jun 14, 2005
$280,000
Kenneth L Hagan
Swain,karen M
Warranty Deed
—
Jun 14, 2005
$450,000
Skjp Properties INC
Hagan,kenneth L
Warranty Deed
$360,000 · Amsouth Bank
—
—
Ernest Guerra
—
Deed Of Trust
related
$35,000 · America's Wholesale Lender
—
—
Ernest A Guerra
—
Deed Of Trust
related
$16,000 · Countrywide Home Loans INC
—
—
Westchase R/e Ptrs LLC
—
Deed Of Trust
related
$1,334,500 · Wachovia NA
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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