Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Medical Office Space
16621 Lagoon Shr Blvd Wimauma, FL 33598-4177
Individually Owned
6-yr Hold
Free & Clear
Property ID
US19-0749738
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,336 SF
Lot
2.15 ac (93,654 SF)
Zoning code
CG
APN
U083220ZZZ000003214100
UPID
US19-0749738
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
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.26M
Owner & transaction history
Suncoast Cmnty Health Centers · 6 yrs held
Suncoast Cmnty Health Centers
since 2020
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
CG · Wimauma, 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 Wimauma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wimauma 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
$995,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $800k (Jun 9 2020)
Last sale anchor
$800k
Jun 9 2020
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
$65 / 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
Assessed value
$4,444,449
Assessed 2023
Previous assessed
$500,618
+787.8% YoY
Assessed land
$577,995
Assessed improvement
$3,866,454
Land market value
$577,995
Improvement market value
$3,866,454
Total market value
$4,444,449
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
12
Bathrooms
2
Total area
19,336 SF
Lot
2.15 ac (93,654 SF)
Zoning code
CG
APN
U083220ZZZ000003214100
UPID
US19-0749738
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Wimauma, FL
Zoning CG · permitted uses
CG · Wimauma, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wimauma. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
12
Bathrooms
2
Lot
2.15 ac
Current owner
From public records · entity-resolved
Suncoast Cmnty Health Centers
Individual
Free & Clear · 6 yrs held
Mailing address
13110 ELK MTN DR, RIVERVIEW, FL 33579-7182
Ownership since
2020
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
Jun 9, 2020
$800,000
Suncoast Cmnty Health Centers
Wes Invs Of Hillsborough LLC
Warranty Deed
—
Apr 25, 2006
$12,499,985
Westlake Village LLC
Wes Invs Of Hillsborough INC
Warranty Deed
—
Jun 24, 2005
—
Wes Investments Of Hillsborough I
Wes Investments Of Hillsborough I
Quit Claim Deed
related
—
Jan 20, 2005
—
Wes Invs Of Hillsborough INC
Triple 8 Holding INC
Warranty Deed
related
—
Dec 9, 2004
$185,000
Wes Investments Of Hillsborough I
Hsu,tse-ching & Swei N C
Warranty Deed
—
Feb 19, 2001
$387,300
Wes Investments Hillsborough
Triple S Holding INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16621 Lagoon Shr Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.