New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Medical Office Space
5934 Berryhill Medical Park Dr, Milton, FL 32570
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-4726636
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
8,640 SF
Lot
0.4 ac (17,250 SF)
Zoning code
C1
APN
32-2N-28-0358-00000-0030
UPID
US18-4726636
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
-
Dr. Humam Humeda, MD Physician Medical Clinic
-
Pensacola Nephrology: Nashed Maged MD Physician Medical Clinic
-
Renalus Physician
-
Charles Lambert Physician
-
Dr. Edward L. Friedland, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.89M
Owner & transaction history
Smbc Leasing And Finance INC · 3 yrs held
Smbc Leasing And Finance INC
since 2022
Last sale
$1.9M
3 recorded transactions
Zoning & alternative use
C1 · Milton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+24.4%
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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$1,410,000
ML approach
$1,520,000
CAP Approach
CAP Return
Estimation
6%
$2,020,000
6.5%
$1,865,000
7%
$1,730,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,465,000
Current use
RESTAURANT
$1,820,000
Change: +24% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,385,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $1.90M (Nov 21 2022)
Last sale anchor
$1.90M
Nov 21 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
$218 / 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
$19,273
Tax year 2023
Assessed value
$1,319,636
Assessed 2023
Previous assessed
$715,023
+84.6% YoY
Effective rate
1.46%
On assessed value
Assessed land
$75,000
Assessed improvement
$1,244,636
Land market value
$75,000
Improvement market value
$1,244,636
Total market value
$1,319,636
Applied tax rate
3.0000
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
2
Rooms
22
Bathrooms
6
Total area
8,640 SF
Lot
0.4 ac (17,250 SF)
Zoning code
C1
APN
32-2N-28-0358-00000-0030
UPID
US18-4726636
Jurisdiction
SANTA ROSA
Zoning & alternative use
C1 · Milton, FL
Zoning C1 · permitted uses
C1 · Milton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
RESTAURANT
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.4M
MEDICAL BUILDING Current
RESTAURANT
WAREHOUSE, STORAGE
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Rooms
22
Bathrooms
6
Lot
0.4 ac
Current owner
From public records · entity-resolved
Smbc Leasing And Finance INC
Entity
Free & Clear · 3 yrs held
Mailing address
277 PARK AVE, NEW YORK, NY 10172-0003
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2022
$1,899,000
Smbc Leasing And Finance INC
Pensacola Nephrology Partners LLC
Special Warranty Deed
—
Nov 21, 2022
$986,500
Smbc Leasing And Finance INC
National Medical Care INC
Lease
—
Aug 26, 2004
$500,000
Pensacola Nephrology Ptrs LLC
Northrop & Northrop Building P
Warranty Deed
$450,000 · Gulf Coast Community Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5934 Berryhill Medical Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
