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Property profile & analytics
OFF-MARKET
Estimated value
$5,230,000
Office buildings
1115 Gunn Hwy Odessa, FL 33556-5328
Individually Owned
2-yr Hold
Free & Clear
Property ID
US18-2364250
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Total area
41,369 SF
Lot
3.49 ac (152,096 SF)
Zoning code
00I1
APN
34-26-17-0040-00000-00B0
UPID
US18-2364250
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
-
The Perfect Day LLC Business Management Consultant
-
ISPC Bank Credit Union
-
Funnel Leasing (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.58M
Comparable Approach
Comparable
$6.03M
Blend (final)
Blend
$5.23M
Owner & transaction history
Michael J Daly · 2 yrs held
Michael J Daly
since 2024
7 recorded transactions
Zoning & alternative use
00I1 · Odessa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.7M
+26.0%
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 Odessa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odessa 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%
$4,965,000
6.5%
$4,580,000
7%
$4,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,120,000
Current use
COMMERCIAL (GENERAL)
$7,705,000
Change: +26% · Conversion: Easy
WAREHOUSE, STORAGE
$5,730,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$5.23M
Range $4.71M – $5.75M · ±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
$126 / 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
$57,183
Tax year 2023
Assessed value
$3,336,651
Assessed 2023
Previous assessed
$2,906,003
+14.8% YoY
Effective rate
1.71%
On assessed value
Assessed land
$305,425
Assessed improvement
$3,031,226
Land market value
$305,425
Improvement market value
$3,031,226
Total market value
$3,336,651
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
1
Stories
2
Units
3508
Bathrooms
4
Total area
41,369 SF
Lot
3.49 ac (152,096 SF)
Zoning code
00I1
APN
34-26-17-0040-00000-00B0
UPID
US18-2364250
Jurisdiction
PASCO
Zoning & alternative use
00I1 · Odessa, FL
Zoning 00I1 · permitted uses
00I1 · Odessa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odessa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$7.7M
WAREHOUSE, STORAGE
Est. value
$5.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3508
Bathrooms
4
Lot
3.49 ac
Current owner
From public records · entity-resolved
Michael J Daly
Individual
Free & Clear · 2 yrs held
Mailing address
1115 GUNN HWY STE #100, ODESSA, FL 33556-5328
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
—
Michael J Daly
Michael J Daly
Intrafamily Transfer
related
—
Jul 2, 2020
—
Independent Svgs Plan Co
—
Deed
related
$5,200,000 · Beach Cmnty Bk
Oct 4, 2007
—
Independent Savings Plan Co
—
Trustees Deed
related
$6,800,000 · Wachovia Bank NA
Nov 21, 2006
$1,300,000
Independent Savings Plan Co
Gunn & Byrd LLC
Warranty Deed
—
Mar 8, 2006
$967,750
Gunn & Byrd LLC
Daly,michael J & Audrey A
Warranty Deed
$666,925 · Citrus & Chemical Bank
—
—
Independent Savings Plan Co
—
Deed Of Trust
related
$160,561 · Pasco County Board Commissione
—
—
Independent Svgs Plan Co
—
Deed Of Trust
related
$5,200,000 · Beach Cmnty 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.
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