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Property profile & analytics
OFF-MARKET
Office buildings
20205 Cortez Blvd, Brooksville, FL 34601-3847
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-5404765
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1992
Total area
4,128 SF
Lot
1.2 ac (52,272 SF)
APN
R27-222-19-3585-00B0-0030
UPID
US18-5404765
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
-
Millennium Physician Group - Brooksville Primary-Care Medical Clinic
-
Kellen Gower, MD Pediatrician Physician
-
Hannah Bloom, PA-C Physician
-
Bayada home health Home Health Care Service
-
Sharon Powers, DNP, APRN Physician
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
Locust Hill Farms LLC · 2 yrs held
Locust Hill Farms LLC
since 2023
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
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 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
$14,431
Tax year 2022
Assessed value
$684,330
Assessed 2023
Previous assessed
$679,784
+0.7% YoY
Effective rate
2.11%
On assessed value
Assessed land
$684,330
Land market value
$237,368
Improvement market value
$446,962
Total market value
$684,330
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
1992
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Rooms
1
Bathrooms
8
Total area
4,128 SF
Lot
1.2 ac (52,272 SF)
APN
R27-222-19-3585-00B0-0030
UPID
US18-5404765
Jurisdiction
HERNANDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
7
Rooms
1
Bathrooms
8
Lot
1.2 ac
Current owner
From public records · entity-resolved
Locust Hill Farms LLC
Entity
Free & Clear · 2 yrs held
Mailing address
19173 COUNTY RD 193, LIMON, CO 80828-8814
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2023
—
Locust Hill Farms LLC
Kipp Parker
Warranty Deed
—
Oct 16, 2023
$1,700,000
Kipp Parker
Winshel Properties LLC
Warranty Deed
—
Apr 27, 2018
$700,000
Winshel Propertiesllc
Jba Dev Corp
Warranty Deed
$650,000 · Gorsuch Living Trust (lt)
—
—
Jba Dev Corp
—
Deed Of Trust
related
$223,143 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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