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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Medical Office Space
2711 Letap Ct Land O Lakes, FL 34638-7229
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4847435
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
3,000 SF
Lot
0.07 ac (3,200 SF)
Zoning code
MPUD
APN
27-26-18-0000-00600-0080
UPID
US18-4847435
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
-
Envizion Medical Medical Clinic
-
Karkavandian Habib H DO Physician
-
Essential Medical: Robert Carlson Consultant Medical Clinic
-
Steven Behmke Physician
-
Wiley Brian a MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
Oakstead Park Realty LLC · 7 yrs held
Oakstead Park Realty LLC
since 2019
5 recorded transactions
Zoning & alternative use
MPUD · Land O Lakes, 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 Land O Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Land O Lakes 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±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
$108 / 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
$9,358
Tax year 2023
Assessed value
$589,541
Assessed 2023
Previous assessed
$568,565
+3.7% YoY
Effective rate
1.59%
On assessed value
Assessed land
$216,000
Assessed improvement
$373,541
Land market value
$216,000
Improvement market value
$373,541
Total market value
$589,541
Applied tax rate
91.0000
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
2008
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Units
240
Bathrooms
2
Total area
3,000 SF
Lot
0.07 ac (3,200 SF)
Zoning code
MPUD
APN
27-26-18-0000-00600-0080
UPID
US18-4847435
Jurisdiction
PASCO
Zoning & alternative use
MPUD · Land O Lakes, FLZoning MPUD · permitted uses
MPUD · Land O Lakes, 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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
240
Bathrooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Oakstead Park Realty LLC
Entity
Free & Clear · 7 yrs held
Mailing address
19005 N DL MABRY HWY, LUTZ, FL 33548-9200
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jan 17, 2019
$100
Oakstead Park Realty LLC
Lakhani,amir
Warranty Deed
—
Sep 2, 2011
$256,000
Amir Lakhani
Suntrust Bk
Grant Deed
—
Jul 12, 2011
$157,100
Suntrust Bk
Armin Investments INC Coc
Trustees Deed
related
—
Aug 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 13, 2007
$345,000
Armin Investments INC
Oakstead Commerce Center LLC
Warranty 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.
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