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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Investment properties
17945 State Rd 54 Lutz, FL 33558-5272
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-1369875
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1980
Total area
2,452 SF
Lot
0.47 ac (20,473 SF)
Zoning code
0PO2
APN
29-26-18-0000-00100-0010
UPID
US18-1369875
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
-
Central Pasco Vet Care Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$713k
Blend (final)
Blend
$570k
Owner & transaction history
Esenberg 17945 LLC · 20 yrs held
Esenberg 17945 LLC
since 2006
7 recorded transactions
Zoning & alternative use
0PO2 · Lutz, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$615,000
+35.1%
Medical building
$535,000
+17.6%
Office building
$495,000
+8.3%
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
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$455,000
Current use
RETAIL STORES
$615,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$535,000
Change: +18% · Conversion: Easy
OFFICE BUILDING
$495,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$232 / 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
$9,844
Tax year 2023
Assessed value
$838,939
Assessed 2023
Previous assessed
$682,452
+22.9% YoY
Effective rate
1.17%
On assessed value
Assessed land
$349,490
Assessed improvement
$489,449
Land market value
$349,490
Improvement market value
$489,449
Total market value
$838,939
Applied tax rate
9,100.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
60
Bathrooms
3
Total area
2,452 SF
Lot
0.47 ac (20,473 SF)
Zoning code
0PO2
APN
29-26-18-0000-00100-0010
UPID
US18-1369875
Jurisdiction
PASCO
Zoning & alternative use
0PO2 · Lutz, FL
Zoning 0PO2 · permitted uses
0PO2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$455,000
RETAIL STORES
Est. value
$615,000
MEDICAL BUILDING
Est. value
$535,000
OFFICE BUILDING
Est. value
$495,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
60
Bathrooms
3
Lot
0.47 ac
Current owner
From public records · entity-resolved
Esenberg 17945 LLC
Entity
Mailing address
PO BOX 979, LAND O LAKES, FL 34639-0979
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2006
—
Esenberg 17945 LLC
Esenberg,scott C
Quit Claim Deed
—
May 7, 2002
$110,900
Scott C Esenberg
Chase Manhattan Bank Trustee
Grant Deed
$88,720 · Market Street Mortgage
Jan 15, 2002
—
Chase Manhattan Bank Trustee
Ford,noel E & Sharon Y
Trustees Deed
related
—
—
—
Esenberg 17945 LLC
—
Deed Of Trust
related
$249,000 · Bank Of St Petersburg
—
—
Noel E Ford
—
Deed Of Trust
related
$98,500 · National Lending Center INC
—
—
Esenberg 17945 LLC
—
Deed Of Trust
related
$250,000 · Pnc Bank
—
—
Scott C Esenberg
—
Deed Of Trust
related
$170,000 · Regions Bank
—
—
Scott C Esebnerg
—
Deed Of Trust
related
$35,000 · Bank Of America
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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