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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Warehouses
5121 Caribbean Dr Spring Hill, FL 34606-5319
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-3838022
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Construction
METAL FRAME
Total area
7,000 SF
Lot
1.33 ac (58,084 SF)
APN
R29-223-17-3582-0009-0010
UPID
US18-3838022
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
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$724k
Blend (final)
Blend
$570k
Owner & transaction history
Comfort Control Specialists INC · 4 yrs held
Comfort Control Specialists INC
since 2021
Last sale
$660,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$945,000
+67.0%
Office building
$790,000
+39.6%
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 Spring Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Hill 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
$470,000
ML approach
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$565,000
Current use
MEDICAL BUILDING
$945,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $660k (Nov 3 2021)
Last sale anchor
$660k
Nov 3 2021
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
$81 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,655
Tax year 2022
Assessed value
$724,766
Assessed 2023
Previous assessed
$658,878
+10.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$215,276
Assessed improvement
$509,490
Land market value
$288,097
Improvement market value
$538,871
Total market value
$826,968
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
METAL FRAME
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
3
Total area
7,000 SF
Lot
1.33 ac (58,084 SF)
APN
R29-223-17-3582-0009-0010
UPID
US18-3838022
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$565,000
MEDICAL BUILDING
Est. value
$945,000
OFFICE BUILDING
Est. value
$790,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
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
1996
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
3
Lot
1.33 ac
Current owner
From public records · entity-resolved
Comfort Control Specialists INC
Entity
Mailing address
16090 AVIATION LOOP DR, BROOKSVILLE, FL 34604-6802
Ownership since
2021
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
Nov 3, 2021
$660,000
Comfort Control Specialists INC
Access Real Estate Holdings LLC
Warranty Deed
$561,000 · Cadence Bank NA
May 11, 2015
$425,000
Access R & E Holdings LLC
Senica Daryl F & Linnea
Warranty Deed
—
Aug 21, 2014
—
Daryl F Senica
Senica,daryl
Quit Claim Deed
related
—
—
—
Daryl Senica
—
Deed Of Trust
related
$200,000 · Suntrust Bank NA
—
—
Daryl F Senica
—
Deed Of Trust
related
$258,600 · Evelyn Senica
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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