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Property profile & analytics
FOR LEASE
Medical Office Space
4064 E State Road 44 Wildwood, FL 34785
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-2410079
For Lease
1 / 33
$103,320 SF/Yr
4064 E State Road 44, Wildwood, FL 34785
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2022
Total area
2,952 SF
Lot
0.07 ac (3,049 SF)
APN
G08G003A
UPID
US18-2410079
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
$500k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Yellowstone Property Developers LLC · 3 yrs held
Yellowstone Property Developers LLC
since 2023
Last sale
$626,100
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$755,000
+182.0%
Auto repair, garage
$515,000
+91.9%
Commercial (general)
$510,000
+90.8%
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 Wildwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wildwood 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
$585,000
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$510,000
7%
$475,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: +182% · Conversion: Difficult
AUTO REPAIR, GARAGE
$515,000
Change: +92% · Conversion: Difficult
COMMERCIAL (GENERAL)
$510,000
Change: +91% · Conversion: Easy
OFFICE BUILDING
$485,000
Change: +82% · Conversion: Easy
RETAIL STORES
$390,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $626k (Jan 13 2023)
Last sale anchor
$626k
Jan 13 2023
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
$193 / 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
$7,982
Tax year 2023
Assessed value
$594,800
Assessed 2023
Effective rate
1.34%
On assessed value
Assessed land
$91,480
Assessed improvement
$503,320
Land market value
$91,480
Improvement market value
$503,320
Total market value
$594,800
Applied tax rate
2,002.0000
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
For Lease
Year built
2022
Total area
2,952 SF
Lot
0.07 ac (3,049 SF)
APN
G08G003A
UPID
US18-2410079
Jurisdiction
SUMTER
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$510,000
OFFICE BUILDING
Est. value
$485,000
RETAIL STORES
Est. value
$390,000
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2022
Lot
0.07 ac
Current owner
From public records · entity-resolved
Yellowstone Property Developers LLC
Entity
Mailing address
6900 DANIELS PKWY STE 29#29STE29, FORT MYERS, FL 33912-7513
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
$626,100
Yellowstone Property Developers LLC
Freedom Plaza Professional Center L
Special Warranty Deed
$625,000 · Finemark National Bank & Trust
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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