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Property profile & analytics
OFF-MARKET
Office buildings
5308 Balsam St, New Port Richey, FL 34652-3737
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9754574
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
1,064 SF
Lot
0.12 ac (5,100 SF)
Zoning code
000C
APN
08-26-16-0280-00100-0050
UPID
US18-9754574
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
Current use
Occupant on record · Public records
-
Studio Coppola Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marie Coppola Mills Dma · 5 yrs held
Marie Coppola Mills Dma
since 2021
Last sale
$173,000
7 recorded transactions
Zoning & alternative use
000C · New Port Richey, 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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,798
Tax year 2023
Assessed value
$60,215
Assessed 2023
Previous assessed
$58,024
+3.8% YoY
Effective rate
2.99%
On assessed value
Assessed land
$16,575
Assessed improvement
$43,640
Land market value
$16,575
Improvement market value
$43,640
Total market value
$60,215
Applied tax rate
60.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
200
Bathrooms
1
Total area
1,064 SF
Lot
0.12 ac (5,100 SF)
Zoning code
000C
APN
08-26-16-0280-00100-0050
UPID
US18-9754574
Jurisdiction
PASCO
Zoning & alternative use
000C · New Port Richey, FL
Zoning 000C · permitted uses
000C · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
200
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Marie Coppola Mills Dma
Individual
Mailing address
9311 RAINBOW LN, PORT RICHEY, FL 34668-4362
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2021
$173,000
Marie Coppola Mills Dma
Joann Caramanica
Warranty Deed
$130,000 · Gary L Blackwell Trust
Dec 9, 2016
$89,900
Joann Caramanica
Equitable Mgmt & Inv Co INC
Warranty Deed
$81,000
Feb 24, 2011
$50,000
Equitable Mgmt & Inv Co INC
New Port Richey Pawn INC
Warranty Deed
—
Sep 11, 2008
$80,000
New Port Richey Pawn INC
Wright,charles W
Warranty Deed
$80,000 · Charles W Wright
Jan 14, 2003
—
Charles W Wright
Chasco Enterprises INC
Quit Claim Deed
related
—
Dec 31, 1997
$81,000
Chasco Enterprises INC
Wright,charles W
Grant Deed
—
—
—
Charles W Wright
—
Deed Of Trust
related
$16,512 · Amsouth Bank
—
—
New Port Richey Pawn INC
—
Deed Of Trust
related
$52,500 · Malcolm Slive
—
—
Chasco Enterprises INC
—
Deed Of Trust
related
$38,000 · Amsouth Bank
—
—
New Port Richey Pawn INC
—
Deed Of Trust
related
$50,000 · Charles W Wright
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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