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Property profile & analytics
OFF-MARKET
Medical Office Space
23526 State Rd 54 Lutz, FL 33559-6753
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US18-5028010
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
1,986 SF
Lot
0.05 ac (2,052 SF)
Zoning code
00C2
APN
32-26-19-0000-00500-0020
UPID
US18-5028010
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
-
Real Estate - Katrina Madewell's Office powered by LPT Realty Real Estate Agency
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
Katrina Madewell LLC · 9 yrs held
Katrina Madewell LLC
since 2016
7 recorded transactions
Zoning & alternative use
00C2 · Lutz, 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 Lutz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lutz 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,934
Tax year 2023
Assessed value
$227,552
Assessed 2023
Previous assessed
$222,616
+2.2% YoY
Effective rate
1.73%
On assessed value
Assessed land
$138,510
Assessed improvement
$89,042
Land market value
$138,510
Improvement market value
$89,042
Total market value
$227,552
Applied tax rate
3,600.0000
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
2006
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Units
56
Bathrooms
2
Total area
1,986 SF
Lot
0.05 ac (2,052 SF)
Zoning code
00C2
APN
32-26-19-0000-00500-0020
UPID
US18-5028010
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Lutz, FLZoning 00C2 · permitted uses
00C2 · Lutz, FL
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
56
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Katrina Madewell LLC
Entity
Mailing address
23526 STATE RD 54, LUTZ, FL 33559-6753
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2016
—
Katrina Madewell LLC
—
Deed
related
$140,725 · Achieva Cu
Nov 7, 2016
$277,000
Katrina Madewell LLC
Alliance 54 LLC
Warranty Deed
$281,450 · Achieva Cu
Jun 24, 2013
$170,000
Alliance 54 LLC
Trust 23526
Grant Deed
—
May 6, 2011
—
Trust 23526
Bonafide Properties LLC
Quit Claim Deed
related
—
Feb 17, 2011
$18,100
Bonafide Properties LLC
Mortgage Approval Group INC
Trustees Deed
—
Feb 10, 2006
—
Mortgage Approval Group INC
—
Trustees Deed
related
$126,750 · General Electric Capital Corp
—
—
Katrina Madewell LLC
—
Deed Of Trust
related
$140,725 · Achieva Cu
—
—
Mortgage Approval Group INC
—
Deed Of Trust
related
$172,500 · General Electric Capital Corp
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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