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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Retail properties & Spaces
1618 Land O Lks Blvd, Lutz, FL 33549-2907
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US19-0171005
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1982
Total area
370 SF
Lot
1.67 ac (72,816 SF)
Zoning code
00C2
APN
36-26-18-0000-02100-0000
UPID
US19-0171005
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
$955k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Glam Holdings LLC · 2 yrs held
Glam Holdings LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
00C2 · Lutz, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lutz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutz 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
$1,015,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±10% · vs last sale $1.00M (Sep 8 2023)
Last sale anchor
$1.00M
Sep 8 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
$2,676 / 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
$6,014
Tax year 2023
Assessed value
$344,039
Assessed 2023
Previous assessed
$392,689
-12.4% YoY
Effective rate
1.75%
On assessed value
Assessed land
$321,004
Assessed improvement
$23,035
Land market value
$321,004
Improvement market value
$23,035
Total market value
$344,039
Applied tax rate
3,600.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Units
2450
Bathrooms
1
Total area
370 SF
Lot
1.67 ac (72,816 SF)
Zoning code
00C2
APN
36-26-18-0000-02100-0000
UPID
US19-0171005
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Lutz, FL
Zoning 00C2 · permitted uses
00C2 · Lutz, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lutz. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2450
Bathrooms
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Glam Holdings LLC
Entity
Mailing address
PO BOX 1957, LAND O LAKES, FL 34639-1957
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
$1,000,000
Glam Holdings LLC
Golf Coast Construction LLC
Warranty Deed
$900,000 · Td Bank NA
Aug 25, 2023
—
Lake Heron Homeowners Association I
Golf Coast Construction LLC
Quit Claim Deed
related
—
Apr 29, 2016
$208,000
Golf Coast Construction LLC
Ski Lakes LLC
Warranty Deed
—
Apr 6, 2005
$588,113
Ski-lakes LLC
Eisler,fred J
Warranty Deed
—
Jun 10, 2004
—
Fred J Eisler
—
Trustees Deed
related
$124,300 · Fak Ents INC
Apr 3, 2002
$449,000
Fred J Eisler
Wingate,ruth M
Grant Deed
$439,000 · Ruth M Wingate
—
—
Ski Lakes LLC
—
Deed Of Trust
related
$465,000 · First Citrus Bank
—
—
Ski Lakes LLC
—
Deed Of Trust
related
$393,565 · First Citrus Bank
—
—
Golf Coast Construction LLC
—
Deed Of Trust
related
$430,000 · First Citrus Bk
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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