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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
16129 Cortez Blvd Brooksville, FL 34613-6114
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-4463412
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2010
Construction
CONCRETE
Total area
4,972 SF
Lot
3.62 ac (157,902 SF)
Zoning code
R1C
APN
R25-222-18-2450-00A0-0010
UPID
US18-4463412
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
-
RaceTrac Gas Station
-
7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
7 Eleven INC · 5 yrs held
7 Eleven INC
since 2021
Last sale
$3.2M
3 recorded transactions
Zoning & alternative use
R1C · Brooksville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R1C district is designed primarily to permit the continued and new development of platted higher-density single-family residential areas
Zone name
Higher Density Single Family Residential Area
General category
RESIDENTIAL
Zone area
109.73 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$53,234
Tax year 2022
Assessed value
$3,093,075
Assessed 2023
Previous assessed
$2,811,886
+10.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$404,036
Assessed improvement
$2,689,039
Land market value
$948,991
Improvement market value
$3,131,206
Total market value
$4,080,197
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
2010
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
4,972 SF
Lot
3.62 ac (157,902 SF)
Zoning code
R1C
APN
R25-222-18-2450-00A0-0010
UPID
US18-4463412
Jurisdiction
HERNANDO
Zoning & alternative use
R1C · Brooksville, FLZoning R1C · permitted uses
R1C · Brooksville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R1C district is designed primarily to permit the continued and new development of platted higher-density single-family residential areas
Zone name
Higher Density Single Family Residential Area
General category
RESIDENTIAL
Zone area
109.73 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
3.62 ac
Current owner
From public records · entity-resolved
7 Eleven INC
Entity
Free & Clear · 5 yrs held
Mailing address
3200 HACKBERRY RD, IRVING, TX 75063-0131
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2021
$3,246,000
7 Eleven INC
Racetrac Petroleum INC
Special Warranty Deed
—
Jul 5, 2018
—
Racetrac Petroleum INC
—
Grant Deed
related
$250,000,000 · Branch Bk&tr
Apr 24, 2009
$1,180,000
Racetrac Petroleum INC
50/50 Land Trust
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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