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Property profile & analytics
OFF-MARKET
Office buildings
610 7th W St, Palmetto, FL 34221-4704
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1935608
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Construction
TYPE NOT SPECIFIED
Total area
2,152 SF
Lot
0.28 ac (12,255 SF)
Zoning code
PL_CG
APN
27699.0000-8
UPID
US18-1935608
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
-
Kind Counseling Mental Health Service Psychotherapist
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
Genesis Health Services INC · 1 yrs held
Genesis Health Services INC
since 2024
Last sale
$295,000
6 recorded transactions
Zoning & alternative use
PL_CG · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$4,822
Tax year 2023
Assessed value
$220,732
Assessed 2023
Previous assessed
$197,505
+11.8% YoY
Effective rate
2.18%
On assessed value
Assessed land
$73,750
Assessed improvement
$146,982
Land market value
$73,750
Improvement market value
$146,982
Total market value
$220,732
Applied tax rate
19.0000
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
1969
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,152 SF
Lot
0.28 ac (12,255 SF)
Zoning code
PL_CG
APN
27699.0000-8
UPID
US18-1935608
Jurisdiction
MANATEE
Zoning & alternative use
PL_CG · Palmetto, FL
Zoning PL_CG · permitted uses
PL_CG · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Genesis Health Services INC
Entity
Mailing address
918 N STATE ST, EPHRATA, PA 17522-9257
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2024
$295,000
Genesis Health Services INC
Richard Lynn Weaver
Warranty Deed
$255,500 · R Luke Weaver Estate Trust
Sep 17, 2019
—
Mcr Health INC
—
Grant Deed
related
$5,800,000 · Servisfirst Bk
May 31, 2018
—
Manatee County Rural Health Service
—
Deed
related
$5,940,500 · Synovus Bank
Mar 6, 2018
—
Manatee Cnty Rural Health Svcs
—
Grant Deed
related
$3,000,000 · Bank Of America/il
Feb 20, 2018
$200,000
Weaver,r Luke Living Trust
Aubrey Raymond H
Grant Deed
—
Dec 22, 1998
$135,000
Raymond H Aubrey
Oakley,judith
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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