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Property profile & analytics
FOR LEASE
Community centers
31162 Cortez Blvd Brooksville, FL 34602
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-4807235
For Lease
1 / 2
Contact for pricing
31162 Cortez Blvd, Brooksville, FL 34602
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Total area
8,400 SF
Lot
12 ac (522,720 SF)
APN
R05-423-21-0000-0030-0021
UPID
US18-4807235
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
-
Smith Pools General Contractor
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
31070 Cortez Blvd Associates LLC · 4 yrs held
31070 Cortez Blvd Associates LLC
since 2022
Last sale
$9.2M
3 recorded transactions
Zoning & alternative use
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 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
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 2022Property tax & assessments
Tax year 2022
Tax billed
$123,669
Tax year 2022
Assessed value
$8,142,970
Assessed 2023
Previous assessed
$5,543,712
+46.9% YoY
Effective rate
1.52%
On assessed value
Assessed land
$3,275,255
Assessed improvement
$4,867,715
Land market value
$1,320,000
Improvement market value
$6,822,970
Total market value
$8,142,970
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1991
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
20
Stories
1
Rooms
1
Bathrooms
24
Total area
8,400 SF
Lot
12 ac (522,720 SF)
APN
R05-423-21-0000-0030-0021
UPID
US18-4807235
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
Building & site characteristics
From public records
Year built
1991
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
20
Rooms
1
Bathrooms
24
Lot
12 ac
Current owner
From public records · entity-resolved
31070 Cortez Blvd Associates LLC
Entity
Free & Clear · 4 yrs held
Mailing address
444 RTE 111TH 1ST STE #1, SMITHTOWN, NY 11787-4773
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$9,200,000
31070 Cortez Blvd Associates LLC
Imperial Holding LLC
Special Warranty Deed
—
Oct 17, 2016
$5,000,000
Provest Sunrise Plaza LLC
Noble Properties III Ltd
Grant Deed
$3,700,000 · Cantor Com'l R/e Lndg
Oct 6, 1999
$3,900,000
Noble Management Properties
Sunrise Plaza Shopping Center
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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