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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Grocery and convenience stores
16007 State Rd 52 Land O Lakes, FL 34638-6831
Entity Owned
12-yr Hold
Free & Clear
Property ID
US18-5139196
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Total area
10,900 SF
Lot
14.22 ac (619,423 SF)
Zoning code
00C2
APN
06-25-18-0000-00300-0010
UPID
US18-5139196
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
$1.87M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.43M
Owner & transaction history
Dolphin Stations LLC · 12 yrs held
Dolphin Stations LLC
since 2014
4 recorded transactions
Zoning & alternative use
00C2 · Land O Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+126.9%
Medical building
$1.4M
+77.3%
Restaurant
$1.3M
+69.5%
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 Land O Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Land O Lakes 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%
$2,020,000
6.5%
$1,865,000
7%
$1,730,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,780,000
Change: +127% · Conversion: Difficult
MEDICAL BUILDING
$1,390,000
Change: +77% · Conversion: Difficult
RESTAURANT
$1,330,000
Change: +70% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,325,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$1,140,000
Change: +45% · Conversion: Moderate
RETAIL STORES
$965,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±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
$131 / 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
$55,065
Tax year 2023
Assessed value
$3,064,942
Assessed 2023
Previous assessed
$3,196,207
-4.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$1,333,903
Assessed improvement
$1,731,039
Land market value
$1,333,903
Improvement market value
$1,731,039
Total market value
$3,064,942
Applied tax rate
4,200.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
2
Units
451
Bathrooms
5
Total area
10,900 SF
Lot
14.22 ac (619,423 SF)
Zoning code
00C2
APN
06-25-18-0000-00300-0010
UPID
US18-5139196
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Land O Lakes, FLZoning 00C2 · permitted uses
00C2 · Land O Lakes, FL
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
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$965,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2009
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
451
Bathrooms
5
Lot
14.22 ac
Current owner
From public records · entity-resolved
Dolphin Stations LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1201 OAKFIELD DR STE #109, BRANDON, FL 33511-4932
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2014
$2,000,000
Dolphin Stations LLC
Mills Je LLC
Grant Deed
—
Mar 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 26, 2007
$2,400,000
Jack & Michelle INC
Mabelbridge Nv
Warranty Deed
—
Oct 7, 2002
$650,000
Shady Hills LLC
Mabelbridge Corp Nv
Grant Deed
$500,000 · Mabelbridge Corp Nv
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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