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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Office buildings
13135 Spg Hl Dr Spring Hill, FL 34609-5017
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2362468
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1988
Total area
5,104 SF
Lot
0.5 ac (21,780 SF)
APN
R32-323-17-5130-0858-0170
UPID
US18-2362468
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
$665k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$720k
Owner & transaction history
Jsj Property And Holdings LLC · 3 yrs held
Jsj Property And Holdings LLC
since 2023
Last sale
$985,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$970,000
+46.4%
Retail stores
$780,000
+17.7%
Medical building
$690,000
+4.4%
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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
$680,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$660,000
Current use
AUTO REPAIR, GARAGE
$970,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$780,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$690,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $985k (Jul 3 2023)
Last sale anchor
$985k
Jul 3 2023
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
$141 / 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
$5,315
Tax year 2022
Assessed value
$349,993
Assessed 2023
Previous assessed
$349,993
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$349,993
Land market value
$196,020
Improvement market value
$153,973
Total market value
$349,993
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1988
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
1
Bathrooms
8
Total area
5,104 SF
Lot
0.5 ac (21,780 SF)
APN
R32-323-17-5130-0858-0170
UPID
US18-2362468
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
OFFICE BUILDING Current
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$970,000
RETAIL STORES
Est. value
$780,000
MEDICAL BUILDING
Est. value
$690,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
1988
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Bathrooms
8
Lot
0.5 ac
Current owner
From public records · entity-resolved
Jsj Property And Holdings LLC
Entity
Mailing address
11025 SPG HL DR, SPRING HILL, FL 34608-5049
Ownership since
2023
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 3, 2023
$985,000
Jsj Property And Holdings LLC
Osprey Capital Investments LLC
Warranty Deed
$603,700 · Capital City Bank
May 23, 2019
—
Osprey Capital Investments LLC
—
Deed
related
$450,000 · Capital City Bank
Aug 3, 2010
$42,820
Osprey Capital Investments LLC
Marion City Investment Corp
Warranty Deed
related
$514,974 · Marion City Investment Corp
Dec 7, 2004
—
Terry G Bickal
—
Trustees Deed
related
$250,000 · Cortez Community Bank
Nov 17, 1999
$525,000
Marion City Investment Corp
Charnock,william T
Grant Deed
$420,000 · Suntrust Bank Nature Coast
—
—
Osprey Capital Investments LLC
—
Deed Of Trust
related
$133,376 · Marion City Investment Corp
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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