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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Specialty properties
38500 Homestead Way, Zephyrhills, FL 33540-2004
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US18-4750044
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1986
Total area
6,480 SF
Lot
28.36 ac (1,235,362 SF)
Zoning code
0RMH
APN
35-25-21-0010-01900-0010
UPID
US18-4750044
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$770k
Owner & transaction history
Nhc-fl104 LLC · 20 yrs held
Nhc-fl104 LLC
since 2006
7 recorded transactions
Zoning & alternative use
0RMH · 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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$119 / 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
$147,952
Tax year 2023
Assessed value
$9,545,186
Assessed 2023
Previous assessed
$9,528,341
+0.2% YoY
Effective rate
1.55%
On assessed value
Assessed land
$9,354,500
Assessed improvement
$190,686
Land market value
$9,354,500
Improvement market value
$190,686
Total market value
$9,545,186
Applied tax rate
3,200.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
353
Bathrooms
1
Total area
6,480 SF
Lot
28.36 ac (1,235,362 SF)
Zoning code
0RMH
APN
35-25-21-0010-01900-0010
UPID
US18-4750044
Jurisdiction
PASCO
Zoning & alternative use
0RMH · Zephyrhills, FL
Zoning 0RMH · permitted uses
0RMH · Zephyrhills, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zephyrhills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
353
Bathrooms
1
Lot
28.36 ac
Current owner
From public records · entity-resolved
Nhc-fl104 LLC
Entity
Mailing address
27777 FRANKLIN RD STE #200, SOUTHFIELD, MI 48034-8205
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2016
—
Nhc-fl104 LLC
—
Deed
related
$7,670,000 · Pnc Bk
Jun 21, 2016
—
Nhc-fl104 LLC
—
Deed
related
$6,155,956 · Private Individual
Nov 12, 2014
—
Nhc-fl104 LLC
—
Deed Of Trust
related
$650,000,000 · Jp Morgan Chase Bk
Jul 13, 2006
—
Nhc-fl103 LLC
—
Deed Of Trust
related
$7,000,000 · General Electric Capital Corp
Feb 3, 2006
$3,800,000
Nhc-fl104 LLC
Pasco Resorts Ltd
Grant Deed
$2,700,000 · General Electric Capital Corp
—
—
Nhc-fl104 LLC
—
Loan Modification
related
$6,155,956 · Private Individual
—
—
Nhc-fl104 LLC
—
Loan Modification
related
$7,670,000 · Pnc Bk
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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