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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Office buildings
117 Belt Ave Bushnell, FL 33513-5101
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-3168768
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
9,630 SF
Lot
0.84 ac (36,497 SF)
APN
N16A131
UPID
US18-3168768
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
-
Dr. Mahmud U. Ahmed, MD Physician
-
Bushnell Medical Clinic Medical Clinic
-
Odd Cuples Cafe Restaurant
-
Dr. Brendalis Davila Rolon Physician
-
Dr. Juan Lopez Gonzalez Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Mesban Investments INC · 1 yrs held
Mesban Investments INC
since 2024
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
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 Bushnell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bushnell 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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Dec 9 2024)
Last sale anchor
$625k
Dec 9 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
$65 / 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
$10,601
Tax year 2023
Assessed value
$851,970
Assessed 2023
Previous assessed
$631,530
+34.9% YoY
Effective rate
1.24%
On assessed value
Assessed land
$108,400
Assessed improvement
$743,570
Land market value
$108,400
Improvement market value
$743,570
Total market value
$851,970
Applied tax rate
6,006.0000
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
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Total area
9,630 SF
Lot
0.84 ac (36,497 SF)
APN
N16A131
UPID
US18-3168768
Jurisdiction
SUMTER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
Mesban Investments INC
Entity
Free & Clear · 1 yrs held
Mailing address
117 W BELT AVE, BUSHNELL, FL 33513-5101
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
Dec 9, 2024
—
Mesban Investments INC
Healthflo Medical Clinics INC
Quitclaim Deed
related
—
Mar 2, 2004
$625,000
Healthflo Medical Clinics INC
Mc Development INC
Grant Deed
$468,750 · Amsouth Bank
Mar 21, 2000
$279,285
Mc Development INC
Sembler Edp Ptshp #17 Ltd
Trustees Deed
—
Mar 21, 2000
$265,000
Semeder Edp Ptshp #17 Ltd
Guess Trust
Trustees Deed
—
—
—
Healthflo Medical Clinics INC
—
Loan Modification
related
—
—
—
Healthflo Medical Clinics INC
—
Deed Of Trust
related
$22,483 · Mc Dev INC
—
—
Healthflo Medical Clinics INC
—
Deed Of Trust
related
$51,876 · Amsouth Bank
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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