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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Medical Office Space
610 Olympia Ave Punta Gorda, FL 33950-3875
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-4741155
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,861 SF
Lot
0.84 ac (36,720 SF)
Zoning code
NC
APN
41-23-06-283-005
UPID
US18-4741155
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
-
Stephen Moenning MD Physician
-
Hord Allen H MD Physician
-
Fowler Robin J MD Physician
-
Moenning Moenning & Guarino Physician
-
Punta Gorda Auto Glass Replacement General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$2.23M
Owner & transaction history
Valiant Pg Corp · 8 yrs held
Valiant Pg Corp
since 2017
3 recorded transactions
Zoning & alternative use
NC · Punta Gorda, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Neighborhood Center District is provided for the location of pedestrian scaled shops, services, small workplaces, and residential buildings central to a neighborhood (or grouping of neighborhoods) and within walking distance of dwellings.
Zone name
Neighborhood Center
General category
RESIDENTIAL
Zone area
160.13 ac
Source
Realmo
Top alternative use upside
Restaurant
$3.7M
+42.9%
Commercial (general)
$3.4M
+29.5%
Auto repair, garage
$3.1M
+18.0%
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 Punta Gorda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Punta Gorda 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,590,000
Current use
RESTAURANT
$3,700,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,355,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,060,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$2,515,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$2,230,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±10%
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
$205 / 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
$23,060
Tax year 2023
Assessed value
$1,051,741
Assessed 2023
Previous assessed
$1,392,496
-24.5% YoY
Effective rate
2.19%
On assessed value
Land market value
$367,200
Improvement market value
$1,745,019
Total market value
$2,112,219
Applied tax rate
154.0000
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Rooms
1
Total area
10,861 SF
Lot
0.84 ac (36,720 SF)
Zoning code
NC
APN
41-23-06-283-005
UPID
US18-4741155
Jurisdiction
CHARLOTTE
Zoning & alternative use
NC · Punta Gorda, FLZoning NC · permitted uses
NC · Punta Gorda, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Neighborhood Center District is provided for the location of pedestrian scaled shops, services, small workplaces, and residential buildings central to a neighborhood (or grouping of neighborhoods) and within walking distance of dwellings.
Zone name
Neighborhood Center
General category
RESIDENTIAL
Zone area
160.13 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
MEDICAL BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Rooms
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Valiant Pg Corp
Entity
Free & Clear · 8 yrs held
Mailing address
101 W TARPON BLVD NW, PORT CHARLOTTE, FL 33952-7833
Ownership since
2017
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
Dec 1, 2017
$900,000
Valiant Pg Corp
Punta Gorda Mi LLC
Warranty Deed
—
Nov 5, 2012
$2,800,000
Punta Gorda Mi LLC
Olympia 610 LLC
Warranty Deed
$2,320,000 · Mercantile Bank Mortgage Company Ll
Nov 1, 2004
$2,300,000
Olympia 610 LLC
Hoosier Holdings INC
Warranty Deed
$2,000,000 · Wachovia 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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