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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Medical Office Space
5446 Land O Lks Blvd, Land O Lakes, FL 34639-3413
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-6723847
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Total area
2,940 SF
Lot
0.07 ac (2,874 SF)
Zoning code
00C2
APN
12-26-18-0110-00C00-0020
UPID
US18-6723847
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
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$799k
Blend (final)
Blend
$695k
Owner & transaction history
5446 Lol Boulevard LLC · 4 yrs held
5446 Lol Boulevard LLC
since 2022
Last sale
$725,000
6 recorded transactions
Zoning & alternative use
00C2 · Land O Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$740,000
+1.8%
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 Land O Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Land O Lakes 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
$670,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$725,000
Current use
RETAIL STORES
$740,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $725k (Jun 1 2022)
Last sale anchor
$725k
Jun 1 2022
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
$236 / 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
$9,125
Tax year 2023
Assessed value
$535,194
Assessed 2023
Previous assessed
$440,460
+21.5% YoY
Effective rate
1.70%
On assessed value
Assessed land
$174,596
Assessed improvement
$360,598
Land market value
$174,596
Improvement market value
$360,598
Total market value
$535,194
Applied tax rate
3,600.0000
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
Off-Market
Year built
2019
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
52
Total area
2,940 SF
Lot
0.07 ac (2,874 SF)
Zoning code
00C2
APN
12-26-18-0110-00C00-0020
UPID
US18-6723847
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Land O Lakes, FL
Zoning 00C2 · permitted uses
00C2 · Land O Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Land O Lakes. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$725,000
RETAIL STORES
Est. value
$740,000
MEDICAL BUILDING Current
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
2019
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
52
Lot
0.07 ac
Current owner
From public records · entity-resolved
5446 Lol Boulevard LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5327 COMMERCIAL WAY UNIT C113, SPRING HILL, FL 34606-1420
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
—
5446 Lol Boulevard LLC
—
Deed
related
$150,000,000 · Regions Bank
Jun 1, 2022
$725,000
5446 Lol Boulevard LLC
Land O Lakes Dermatology LLC
Special Warranty Deed
—
Feb 26, 2020
$1,058,400
Land O Lakes Dermatology LLC
Black Lake Us 41 LLC
Grant Deed
—
May 5, 2016
$350,000
Black Lake Us41 LLC
5420 Land Olakes Land Trust
Warranty Deed
—
Aug 11, 2015
$200,000
5420 Land Olakes Land Trust
Wells Fargo Bk NA
Grant Deed
—
Dec 16, 2010
$600,000
Fargo Bk NA Wells
Black Lake Properties LLC
Deed In Lieu Of Foreclosure
related
—
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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