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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Medical Office Space
2114 7th Spgs Blvd, New Port Richey, FL 34655-3908
Individually Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-8953751
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Total area
17,765 SF
Lot
1.77 ac (76,966 SF)
Zoning code
00R4
APN
27-26-16-0000-00100-0022
UPID
US18-8953751
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.72M
Owner & transaction history
Seven Springs Blvd Medical Cen · 13 yrs held
Seven Springs Blvd Medical Cen
since 2013
5 recorded transactions
Zoning & alternative use
00R4 · New Port Richey, 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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$97 / 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
$24,847
Tax year 2023
Assessed value
$1,364,016
Assessed 2023
Previous assessed
$1,316,899
+3.6% YoY
Effective rate
1.82%
On assessed value
Assessed land
$229,520
Assessed improvement
$1,134,496
Land market value
$229,520
Improvement market value
$1,134,496
Total market value
$1,364,016
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Units
2217
Bathrooms
11
Total area
17,765 SF
Lot
1.77 ac (76,966 SF)
Zoning code
00R4
APN
27-26-16-0000-00100-0022
UPID
US18-8953751
Jurisdiction
PASCO
Zoning & alternative use
00R4 · New Port Richey, FL
Zoning 00R4 · permitted uses
00R4 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2217
Bathrooms
11
Lot
1.77 ac
Current owner
From public records · entity-resolved
Seven Springs Blvd Medical Cen
Individual
Free & Clear · 13 yrs held
Mailing address
809 WHITCOMB BLVD, TARPON SPGS, FL 34689-2649
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Sep 18, 2019
—
Seven Sprins Blvd Medical Ctr
—
Deed
related
$300,000 · Centerstate Bk NA
May 21, 2013
—
Seven Springs Blvd Medical Cen
Post Zenon L & Georgia Trust
Warranty Deed
related
—
May 19, 2008
$2,575,000
Post Zenon L & Georgia Trust
Helen Ellis Mem Hosp R/e Corp
Warranty Deed
—
—
—
Seven Sprins Blvd Medical Ctr
—
Deed Of Trust
related
$300,000 · Centerstate Bk NA
—
—
Seven Springs Blvd Medical Cen
—
Deed Of Trust
related
$50,000 · Jefferson 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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