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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Office buildings
5155 Commercial Way Weeki Wachee, FL 34606-1932
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4797209
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1986
Construction
CONCRETE BLOCKS
Total area
9,246 SF
Lot
2.2 ac (95,832 SF)
APN
R10-223-17-1420-0150-0010
UPID
US18-4797209
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
by Request
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.08M
Owner & transaction history
Village Square Enterprises II INC · 15 yrs held
Village Square Enterprises II INC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+67.7%
Retail stores
$1.4M
+34.8%
Medical building
$1.3M
+19.6%
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 Weeki Wachee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weeki Wachee 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,110,000
6.5%
$1,025,000
7%
$950,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,045,000
Current use
AUTO REPAIR, GARAGE
$1,755,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$1,410,000
Change: +35% · Conversion: Moderate
MEDICAL BUILDING
$1,250,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$116 / 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
$15,291
Tax year 2022
Assessed value
$1,006,847
Assessed 2023
Previous assessed
$926,367
+8.7% YoY
Effective rate
1.52%
On assessed value
Assessed land
$114,090
Assessed improvement
$892,757
Land market value
$598,903
Improvement market value
$407,944
Total market value
$1,006,847
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1986
Construction
CONCRETE BLOCKS
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Rooms
1
Bathrooms
8
Total area
9,246 SF
Lot
2.2 ac (95,832 SF)
APN
R10-223-17-1420-0150-0010
UPID
US18-4797209
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
OFFICE BUILDING Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL 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
1986
Construction
CONCRETE BLOCKS
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
4
Rooms
1
Bathrooms
8
Lot
2.2 ac
Current owner
From public records · entity-resolved
Village Square Enterprises II INC
Entity
Mailing address
5143 COMMERCIAL WAY, SPRING HILL, FL 34606-1932
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2016
—
Village Square Ents II INC
—
Deed
related
$100,000 · Capital Cty Bk
Jan 27, 2011
—
Village Square Enterprises II INC
Village Square Enterprises II
Correction Deed
related
—
—
—
Village Square Ents II INC
—
Deed Of Trust
related
$730,000 · Regions Bank
—
—
Village Square Ents II INC
—
Deed Of Trust
related
$100,000 · Capital Cty Bk
—
—
Village Square Ents II INC
—
Deed Of Trust
related
$750,000 · Wachovia Bank NA
—
—
Village Square Ents II INC
—
Deed Of Trust
related
$75,000 · Regions Bank
—
—
Village Square Ents II INC
—
Deed Of Trust
related
$734,000 · Capital City Bank
—
—
Village Square Ents II INC
—
Deed Of Trust
related
$735,000 · First National Bank Florida
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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