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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Office buildings
1879 Nightingale Ln Tavares, FL 32778-4363
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-3104283
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1996
Construction
BRICK
Total area
5,112 SF
Lot
0.12 ac (5,124 SF)
APN
21-19-26-1200-000-00C01
UPID
US18-3104283
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
-
Bosshardt & Marzek Plastic Surgery Associates Medical Clinic
-
AdventHealth Medical Group Internal Medicine at Tavares Medical Clinic
-
Marzek Peter A MD Physician Medical Clinic
-
Bosshardt Richard T MD Physician Medical Clinic
-
Dr. David F. Fernandez, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$997k
Blend (final)
Blend
$1.36M
Owner & transaction history
Zirconpro Holdings LLC · 1 yrs held
Zirconpro Holdings LLC
since 2025
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+63.1%
Neighborhood: shopping center
$1.5M
+37.8%
Auto repair, garage
$1.2M
+9.7%
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 Tavares submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tavares 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
$1,705,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,090,000
Current use
COMMERCIAL (GENERAL)
$1,775,000
Change: +63% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,500,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,195,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$1,090,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $1.60M (Jun 20 2023)
Last sale anchor
$1.60M
Jun 20 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
$266 / 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
$13,177
Tax year 2023
Assessed value
$734,550
Assessed 2023
Previous assessed
$669,351
+9.7% YoY
Effective rate
1.79%
On assessed value
Land market value
$136,401
Improvement market value
$598,149
Total market value
$734,550
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1996
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
5,112 SF
Lot
0.12 ac (5,124 SF)
APN
21-19-26-1200-000-00C01
UPID
US18-3104283
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
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
OFFICE BUILDING Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1996
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Zirconpro Holdings LLC
Entity
Mailing address
1000 WATERMAN WAY, TAVARES, FL 32778-5266
Ownership since
2025
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
Apr 10, 2025
$295,000
Zirconpro Holdings LLC
Dsb Investments LLC
Warranty Deed
$195,000 · Regions Bank
Oct 29, 2024
$930,000
Foran Holdings LLC
Mt Dora Properties INC
Warranty Deed
$744,000 · South State Bank NA
Jun 20, 2023
$1,600,000
Florida Hospital Waterman INC
Cva Properties LLP
Warranty Deed
—
Sep 29, 2017
—
Mt Dora Properties INC
—
Deed
related
$155,000 · Seaside Nat'l Bk&tr
Sep 8, 2016
$250,000
Cva Properties LLP
Lesmes,j Henry & Liliane K
Warranty Deed
$225,000 · J Henry & Liliane K Lesmes
Jun 10, 1999
$850,000
Cva Properties
Lesmes,j H & Liliane K
Grant Deed
$750,000 · Suntrust Bank Central Florida
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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