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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Medical Office Space
38029 Medical Ctr Ave Zephyrhills, FL 33540-1384
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0167179
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
2,200 SF
Lot
0.12 ac (5,317 SF)
Zoning code
00OP
APN
35-25-21-0070-00000-0071
UPID
US18-0167179
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
-
Jaime Caballero Physician
-
Dr. Omar Mubarak Dental Office
-
Healthy Smiles Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Healthy Smiles Re LLC · 1 yrs held
Healthy Smiles Re LLC
since 2024
Last sale
$350,000
5 recorded transactions
Zoning & alternative use
00OP · Zephyrhills, 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 Zephyrhills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zephyrhills 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
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±10% · vs last sale $350k (May 20 2024)
Last sale anchor
$350k
May 20 2024
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
$130 / 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
$7,528
Tax year 2023
Assessed value
$326,479
Assessed 2023
Previous assessed
$296,574
+10.1% YoY
Effective rate
2.31%
On assessed value
Assessed land
$25,256
Assessed improvement
$301,223
Land market value
$25,256
Improvement market value
$301,223
Total market value
$326,479
Applied tax rate
30.0000
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
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
96
Bathrooms
4
Total area
2,200 SF
Lot
0.12 ac (5,317 SF)
Zoning code
00OP
APN
35-25-21-0070-00000-0071
UPID
US18-0167179
Jurisdiction
PASCO
Zoning & alternative use
00OP · Zephyrhills, FLZoning 00OP · permitted uses
00OP · Zephyrhills, 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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
96
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Healthy Smiles Re LLC
Entity
Mailing address
111 CT JESTER WAY, MORRISVILLE, NC 27560-7536
Ownership since
2024
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
Aug 20, 2024
$350,000
Healthy Smiles Re LLC
Tusk Investments LLC
Warranty Deed
$245,000 · Uif Corp
Dec 4, 2009
$350,000
Tusk Investments LLC
38029 Medical Center Avenue LLC
Corporation Deed
$297,500 · Suntrust Bank
Dec 11, 2006
—
38029 Medical Center Avenue Ll
38029 Medical Center A Trust
Quit Claim Deed
—
Oct 4, 2006
—
38029 Medical Center Avenue
Gupta,sunil
Warranty Deed
related
—
Aug 28, 2003
$216,000
Sunil Gupta
Mnck Partners
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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