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Property profile & analytics
OFF-MARKET
Estimated value
$8,855,000
Office buildings
1361 Citrus Tower Blvd Clermont, FL 34711-1943
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3509979
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2005
Construction
CONCRETE BLOCKS
Total area
20,700 SF
Lot
1.36 ac (59,083 SF)
APN
28-22-26-0300-000-00100
UPID
US18-3509979
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
-
Center For Imaging-Clermont Physician
-
Eric L. Saunders, MD Physician
-
NTC Medical Plaza Medical Clinic
-
South lake hospital gazebo Park
-
Orlando Health Cancer Institute - Clermont Medical Clinic Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.85M
Blend (final)
Blend
$8.86M
Owner & transaction history
Lake County · 4 yrs held
Lake County
since 2022
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.0M
+28.8%
Restaurant
$7.2M
+16.9%
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 Clermont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clermont 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
OFFICE BUILDING
$6,180,000
Current use
COMMERCIAL (GENERAL)
$7,960,000
Change: +29% · Conversion: Easy
RESTAURANT
$7,225,000
Change: +17% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,080,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$6,035,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$8.86M
Range $7.97M – $9.74M · ±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
$428 / 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
$103,094
Tax year 2023
Assessed value
$5,964,272
Assessed 2023
Previous assessed
$5,471,540
+9.0% YoY
Effective rate
1.73%
On assessed value
Land market value
$943,674
Improvement market value
$5,020,598
Total market value
$5,964,272
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
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
2
Bathrooms
9
Total area
20,700 SF
Lot
1.36 ac (59,083 SF)
APN
28-22-26-0300-000-00100
UPID
US18-3509979
Jurisdiction
LAKE
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
$6.2M
COMMERCIAL (GENERAL)
Est. value
$8.0M
RESTAURANT
Est. value
$7.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.1M
RETAIL STORES
Est. value
$6.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
9
Lot
1.36 ac
Current owner
From public records · entity-resolved
Lake County
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
—
Lake County
Egmp South Lake LLC
Warranty Deed
—
Dec 2, 2020
$8,325,000
Egmp South Lake LLC
Slh Clermont Fl Landlord LLC
Special Warranty Deed
$5,427 · Delta Community Cu
Sep 16, 2016
$6,900,000
Slh Clermont Fl Landlord LLC
Red Top Building LLC
Grant Deed
—
Feb 5, 2013
$4,850,000
Red Top Building LLC
Sky Top Enterprises L L C
Special Warranty Deed
$4,800,000 · Citizens 1st Bank
Feb 26, 2007
—
Sky Top Ents LLC
Chester C Fosgate
Quit Claim Deed
related
—
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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