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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Medical Office Space
608 Medical Care Dr Brandon, FL 33511-5937
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6036951
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,422 SF
Lot
0.05 ac (2,366 SF)
Zoning code
CG
APN
U272920ZZZ000002650002
UPID
US18-6036951
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
-
Southshore Cardiovascular Associates Physician
-
Donna Bridge Physician
-
Comprehensive Rehabilitative Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$685k
Owner & transaction history
Medical Care Drive LLC · 2 yrs held
Medical Care Drive LLC
since 2024
Last sale
$685,000
1 recorded transaction
Zoning & alternative use
CG · Brandon, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$590,000
+18.1%
Retail stores
$560,000
+11.6%
Commercial (general)
$510,000
+2.0%
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 Brandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brandon 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
$685,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$595,000
6.5%
$550,000
7%
$510,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$500,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$560,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$510,000
Change: +2% · Conversion: Easy
OFFICE BUILDING
$470,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$455,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $685k (Jun 21 2024)
Last sale anchor
$685k
Jun 21 2024
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
$283 / 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
$7,999
Tax year 2023
Assessed value
$471,907
Assessed 2023
Previous assessed
$431,255
+9.4% YoY
Effective rate
1.70%
On assessed value
Assessed land
$82,810
Assessed improvement
$389,097
Land market value
$82,810
Improvement market value
$389,097
Total market value
$471,907
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,422 SF
Lot
0.05 ac (2,366 SF)
Zoning code
CG
APN
U272920ZZZ000002650002
UPID
US18-6036951
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Brandon, FL
Zoning CG · permitted uses
CG · Brandon, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brandon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$500,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$590,000
RETAIL STORES
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$510,000
OFFICE BUILDING
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$455,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Medical Care Drive LLC
Entity
Mailing address
15131 BRIAR RDG CIR, FORT MYERS, FL 33912-2302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2024
$685,000
Medical Care Drive LLC
Dmp Investments LLC
Warranty Deed
$342,500 · Cadence Bank 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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