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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Medical Office Space
5915 Gulf To Lk Hwy Crystal River, FL 34429-7565
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3714372
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,528 SF
Lot
4.66 ac (202,990 SF)
Zoning code
PSO PROF SERVICES/OFFICE
APN
18E-18S-30-33410
UPID
US18-3714372
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
-
Steven Capps Physician
-
Health & Wellcare Services: Kanajam Geetha MD Physician
-
Weichi Liao, M.D. Physician
-
John Degraw Pediatrician Physician
-
Health & Wellcare Services of Fl: Tzivanis James Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
$1.84M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.81M
Owner & transaction history
Kaveera LLC · 2 yrs held
Kaveera LLC
since 2023
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
PSO PROF SERVICES/OFFICE · Crystal River, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+34.8%
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 Crystal River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crystal River 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
$2,435,000
ML approach
$2,315,000
CAP Approach
CAP Return
Estimation
6%
$1,990,000
6.5%
$1,835,000
7%
$1,705,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,800,000
Current use
RESTAURANT
$2,425,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$1,450,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10% · vs last sale $1.80M (Aug 16 2023)
Last sale anchor
$1.80M
Aug 16 2023
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
$212 / 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
$17,991
Tax year 2023
Assessed value
$1,142,600
Assessed 2023
Previous assessed
$1,027,320
+11.2% YoY
Effective rate
1.57%
On assessed value
Assessed land
$140,750
Assessed improvement
$1,001,850
Land market value
$140,750
Improvement market value
$1,001,850
Total market value
$1,142,600
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
15
Total area
8,528 SF
Lot
4.66 ac (202,990 SF)
Zoning code
PSO PROF SERVICES/OFFICE
APN
18E-18S-30-33410
UPID
US18-3714372
Jurisdiction
CITRUS
Zoning & alternative use
PSO PROF SERVICES/OFFICE · Crystal River, FL
Zoning PSO PROF SERVICES/OFFICE · permitted uses
PSO PROF SERVICES/OFFICE · Crystal River, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crystal River. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.4M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING Current
RESTAURANT
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
15
Lot
4.66 ac
Current owner
From public records · entity-resolved
Kaveera LLC
Entity
Mailing address
20918 LK LAKE, LAND O LAKES, FL 34638
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
$1,800,000
Kaveera LLC
Crystal River Medical LLC
Warranty Deed
$1,800,000 · Bank Of America NA
Feb 2, 2021
$1,100,000
Crystal River Medical LLC
Alta Terra LLC
Warranty Deed
$935,000 · Truist Bank
Jun 29, 2017
—
Alta Terra LLC
—
Deed
related
$246,643 · Iberiabank
Jun 21, 2012
$571,300
Alta Terra LLC
Degraw & Dickert
Warranty Deed
$425,000 · Orange Bank
—
—
Alta Terra LLC
—
Loan Modification
related
$246,643 · Iberiabank
—
—
Degraw Of Dickert Property
—
Deed Of Trust
related
$250,000 · Jim Dickert
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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