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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Medical Office Space
12080 Cortez Blvd Brooksville, FL 34613-7371
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US19-0889230
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Total area
6,071 SF
Lot
0.6 ac (26,136 SF)
APN
R32-222-18-2809-0000-0030
UPID
US19-0889230
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$755k
Blend (final)
Blend
$720k
Owner & transaction history
Mc Land Enterprises LLC · 12 yrs held
Mc Land Enterprises LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+40.2%
Retail stores
$925,000
+12.7%
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 Brooksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooksville 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%
$935,000
6.5%
$860,000
7%
$800,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$820,000
Current use
AUTO REPAIR, GARAGE
$1,150,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$925,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$785,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$119 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,398
Tax year 2022
Assessed value
$750,471
Assessed 2023
Previous assessed
$717,958
+4.5% YoY
Effective rate
1.52%
On assessed value
Assessed land
$750,471
Land market value
$214,088
Improvement market value
$536,383
Total market value
$750,471
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
2004
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Rooms
1
Bathrooms
5
Total area
6,071 SF
Lot
0.6 ac (26,136 SF)
APN
R32-222-18-2809-0000-0030
UPID
US19-0889230
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
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
MEDICAL BUILDING Current
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$925,000
OFFICE BUILDING
Est. value
$785,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2004
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Rooms
1
Bathrooms
5
Lot
0.6 ac
Current owner
From public records · entity-resolved
Mc Land Enterprises LLC
Entity
Mailing address
12082 CORTEZ BLVD, BROOKSVILLE, FL 34613-7371
Ownership since
2014
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
Jun 5, 2014
$865,000
Mc Land Enterprises LLC
Regions Bank
Special Warranty Deed
$816,000 · Regions Bank
Dec 30, 2013
$100
Regions Bk
Agsnd LLC Coc
Trustees Deed
related
—
Mar 21, 2005
$1,426,000
Agsnd LLC
Saleh,mohamad I
Warranty Deed
$1,215,000 · Mohamad I Saleh
Dec 11, 2003
—
Mohamad I Saleh
Jsb Management Consultants INC
Grant Deed
related
—
Jan 24, 2003
$200,000
Mohamed T Saleh
Jsb Management Consultants INC
Grant Deed
$150,000 · Jsb Management Consultants INC
—
—
Agsnd LLC
—
Deed Of Trust
related
$900,000 · Amsouth Bank
—
—
Agsnd LLC
—
Deed Of Trust
related
$200,000 · Regions 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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