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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Medical Office Space
2121 Mccall Rd, Englewood, FL 34224-4512
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-4613752
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,384 SF
Lot
1.53 ac (66,800 SF)
Zoning code
OMI OFFICE, MEDICAL, INST
APN
41-20-05-411-002
UPID
US18-4613752
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
$1.77M
Blend (final)
Blend
$2.13M
Owner & transaction history
Alge Ptshp LLP · 9 yrs held
Alge Ptshp LLP
since 2016
7 recorded transactions
Zoning & alternative use
OMI OFFICE, MEDICAL, INST · Englewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+42.9%
Auto repair, garage
$1.8M
+18.0%
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 Englewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Englewood 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
MEDICAL BUILDING
$1,525,000
Current use
RESTAURANT
$2,175,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,800,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,485,000
Change: -3% · Conversion: Easy
OFFICE BUILDING
$1,480,000
Change: -3% · Conversion: Easy
RETAIL STORES
$1,305,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±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
$334 / 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
$20,608
Tax year 2023
Assessed value
$1,137,436
Assessed 2023
Previous assessed
$1,073,994
+5.9% YoY
Effective rate
1.81%
On assessed value
Land market value
$484,300
Improvement market value
$1,143,778
Total market value
$1,628,078
Applied tax rate
1.0000
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
7
Bathrooms
42
Total area
6,384 SF
Lot
1.53 ac (66,800 SF)
Zoning code
OMI OFFICE, MEDICAL, INST
APN
41-20-05-411-002
UPID
US18-4613752
Jurisdiction
CHARLOTTE
Zoning & alternative use
OMI OFFICE, MEDICAL, INST · Englewood, FL
Zoning OMI OFFICE, MEDICAL, INST · permitted uses
OMI OFFICE, MEDICAL, INST · Englewood, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Englewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
7
Bathrooms
42
Lot
1.53 ac
Current owner
From public records · entity-resolved
Alge Ptshp LLP
Entity
Mailing address
2121 S MCCALL RD, ENGLEWOOD, FL 34224-4512
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2016
—
Alge Ptshp LLP
—
Deed
related
$450,000 · Englewood Bk & Tr
Aug 11, 2016
—
Alge
—
Deed
related
$175,000 · Englewood Bk & Tr
Feb 12, 1997
—
Richard V Gelder
—
Grant Deed
related
$551,000 · Englewood Bank
—
—
Ptshp Alge
—
Loan Modification
related
$250,000 · Englewood Bank
—
—
Alge
—
Deed Of Trust
related
$175,000 · Englewood Bk & Tr
—
—
Alge Ptshp LLP
—
Deed Of Trust
related
$450,000 · Englewood Bk & Tr
—
—
James Forster
—
Deed Of Trust
related
$400,000 · Alge Ptshp
—
—
Ptshp Alge
—
Deed Of Trust
related
$355,000 · Englewood Bank
—
—
Ptshp Alge
—
Deed Of Trust
related
$100,000 · Englewood Bank
—
—
Ptshp Alge
—
Deed Of Trust
related
$150,000 · Englewood 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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