Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Retail space
26407 Cortez Blvd Brooksville, FL 34602-7984
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-0765527
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
2020
Construction
METAL FRAME
Total area
15,080 SF
Lot
4.8 ac (209,088 SF)
APN
R34-422-20-0000-0060-0050
UPID
US18-0765527
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
-
Lowery's True Value Hardware - Brooksville Building Supply Hardware & Home Improvement
-
Lowery's True Value Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$2.47M
Owner & transaction history
Lowerys True Value LLC · 7 yrs held
Lowerys True Value LLC
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+54.6%
Auto repair, garage
$2.9M
+24.4%
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%
$2,465,000
6.5%
$2,280,000
7%
$2,115,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,300,000
Current use
RESTAURANT
$3,555,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,860,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$2,040,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$1,955,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±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
$164 / 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
$35,913
Tax year 2022
Assessed value
$2,302,955
Assessed 2023
Previous assessed
$2,260,710
+1.9% YoY
Effective rate
1.56%
On assessed value
Assessed land
$444,792
Assessed improvement
$1,858,163
Land market value
$449,915
Improvement market value
$2,000,888
Total market value
$2,450,803
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
2020
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
2
Rooms
2
Total area
15,080 SF
Lot
4.8 ac (209,088 SF)
APN
R34-422-20-0000-0060-0050
UPID
US18-0765527
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2020
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
2
Rooms
2
Lot
4.8 ac
Current owner
From public records · entity-resolved
Lowerys True Value LLC
Entity
Mailing address
PO BOX 545, BUSHNELL, FL 33513-0030
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2020
—
Ldl Enterprises INC
—
Deed
related
$1,000,000 · Centerstate Bank NA
Nov 13, 2018
$475,000
Lowerys True Value LLC
Zuppa,nelton
Warranty Deed
$390,000 · Nelton Zuppa
Dec 16, 2010
$90,000
Nelton Zuppa
Td Bk NA
Grant Deed
—
Aug 26, 2009
$2,000
Carolina First Bank
Jarakoe-three LLC Coc
Trustees Deed
related
—
Jan 12, 2007
—
Jarakoe LLC
—
Trustees Deed
related
$1,000,000 · Mercantile Bank
Feb 20, 2004
$66,000
Jarakoe LLC
Mochon,isaac Z & Abdo Z
Grant Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 26407 Cortez Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
