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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Medical Office Space
5201 Busch Blvd Temple Terrace, FL 33617-5403
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-0248394
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,668 SF
Lot
0.76 ac (33,250 SF)
Zoning code
CG
APN
A222819440000000000450
UPID
US18-0248394
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
$820k
Comparable Approach
Comparable
$437k
Blend (final)
Blend
$715k
Owner & transaction history
Rm Carlson Investments LLC · 3 yrs held
Rm Carlson Investments LLC
since 2023
7 recorded transactions
Zoning & alternative use
CG · Temple Terrace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial General
General category
COMMERCIAL
Zone area
191.01 ac
Source
Realmo
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 Temple Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temple Terrace 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%
$890,000
6.5%
$820,000
7%
$765,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$990,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$955,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$815,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$195 / 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
$15,918
Tax year 2023
Assessed value
$845,700
Assessed 2023
Previous assessed
$761,800
+11.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$458,850
Assessed improvement
$386,850
Land market value
$458,850
Improvement market value
$386,850
Total market value
$845,700
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
100
Total area
3,668 SF
Lot
0.76 ac (33,250 SF)
Zoning code
CG
APN
A222819440000000000450
UPID
US18-0248394
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Temple Terrace, FLZoning CG · permitted uses
CG · Temple Terrace, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial General
General category
COMMERCIAL
Zone area
191.01 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$990,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$955,000
RETAIL STORES
Est. value
$815,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
100
Lot
0.76 ac
Current owner
From public records · entity-resolved
Rm Carlson Investments LLC
Entity
Mailing address
4413 CULBREATH RD, VALRICO, FL 33596-7306
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
—
Rm Carlson Investments LLC
Central Florida Eye Care Associates
Warranty Deed
—
Aug 16, 2017
—
Central Florida Eye Care Assoc
—
Deed
related
$722,000 · Td Bk NA
Apr 5, 2016
—
Central Florida Eye Care Assoc
Trela Properties LLC
Quit Claim Deed
related
—
Mar 23, 2015
—
Central Florida Eye Care Assoc
Trela Properties LLC
Quit Claim Deed
related
—
Dec 3, 2012
$410,000
Trela Properties LLC
Fotos,nicholas
Warranty Deed
$383,234 · Nicholas Fotos
Jun 21, 2012
$480,000
Nicholas Fotos
Mccullars,bryan K & Sharon G
Deed In Lieu Of Foreclosure
—
Jan 6, 2011
$500,000
Bryan K Mccullars
Fotos,nicholas
Warranty Deed
$480,000 · Nicholas Fotos
Oct 28, 2010
$590,000
Nicholas Fotos
Gata LLC
Deed In Lieu Of Foreclosure
related
—
Feb 21, 2007
$590,000
Gata LLC
Fotos,nicholas
Warranty Deed
$590,000 · Nicholas Fotos
Dec 27, 2001
$220,000
Nicholas Fotos
Austin Trust
Grant Deed
—
—
—
Central Florida Eye Care Assoc
—
Deed Of Trust
related
$505,000 · Td Bk NA
—
—
Central Florida Eye Care Assoc
—
Deed Of Trust
related
$722,000 · Td Bk NA
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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