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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Warehouses
21029 Cortez Blvd Brooksville, FL 34601-5604
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0197670
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Construction
METAL FRAME
Total area
7,890 SF
Lot
2.8 ac (121,968 SF)
Zoning code
C-2
APN
R27-422-19-0000-0470-0000
UPID
US18-0197670
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
-
Ranch Hand's Feed Depot Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$790k
Owner & transaction history
Ksf Partners LLC · 3 yrs held
Ksf Partners LLC
since 2023
5 recorded transactions
Zoning & alternative use
C-2 · Brooksville, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
2016 Zoning Map PDF
Top alternative use upside
Medical building
$1.1M
+88.7%
Retail stores
$945,000
+67.4%
Office building
$875,000
+54.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$565,000
Current use
MEDICAL BUILDING
$1,065,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$945,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$875,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$100 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$16,128
Tax year 2022
Assessed value
$923,909
Assessed 2023
Previous assessed
$913,152
+1.2% YoY
Effective rate
1.75%
On assessed value
Assessed land
$279,625
Assessed improvement
$644,284
Land market value
$541,530
Improvement market value
$712,996
Total market value
$1,254,526
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Construction
METAL FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
1
Bathrooms
1
Total area
7,890 SF
Lot
2.8 ac (121,968 SF)
Zoning code
C-2
APN
R27-422-19-0000-0470-0000
UPID
US18-0197670
Jurisdiction
HERNANDO
Zoning & alternative use
C-2 · Brooksville, FLZoning C-2 · permitted uses
C-2 · Brooksville, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2016 Zoning Map PDF
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$945,000
OFFICE BUILDING
Est. value
$875,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
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
1964
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Bathrooms
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Ksf Partners LLC
Entity
Mailing address
5455 LK LE CLARE RD, LUTZ, FL 33558-8013
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2023
—
Ksf Partners LLC
William D Vincent
Warranty Deed
—
Apr 22, 2010
$1,200,000
Michael D Vincent
Buccaneer Bch Resort Motel INC
Warranty Deed
—
Apr 19, 2006
$1,600,000
Buccaneer Bch Resort Motel INC
Vincent,michael D
Grant Deed
$1,100,000 · William D & Connie E Vincent
Apr 11, 2006
$300,000
Michael D Vincent
Vincent,michael D
Warranty Deed
related
—
—
—
William D Vincent
—
Deed Of Trust
related
$700,000 · Hernando County Bank
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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