Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,015,000
Specialty properties
6503 Outer Dr Port Richey, FL 34668-4818
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-3593271
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1972
Total area
3,560 SF
Lot
19.57 ac (852,398 SF)
Zoning code
0RMH
APN
21-25-16-0010-04600-0000
UPID
US18-3593271
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.72M
Blend (final)
Blend
$10.02M
Owner & transaction history
Legacy Mhc Tampa Shalimar LP · 5 yrs held
Legacy Mhc Tampa Shalimar LP
since 2021
Last sale
$11.7M
7 recorded transactions
Zoning & alternative use
0RMH · Port Richey, 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 Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Richey 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
$9,955,000
ML approach
$7,990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.02M
Range $9.01M – $11.02M · ±10% · vs last sale $11.71M (Aug 4 2021)
Last sale anchor
$11.71M
Aug 4 2021
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
$2,813 / 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
$179,557
Tax year 2023
Assessed value
$9,777,419
Assessed 2023
Previous assessed
$9,767,370
+0.1% YoY
Effective rate
1.84%
On assessed value
Assessed land
$9,657,000
Assessed improvement
$120,419
Land market value
$9,657,000
Improvement market value
$120,419
Total market value
$9,777,419
Applied tax rate
6,200.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
179
Bathrooms
3
Total area
3,560 SF
Lot
19.57 ac (852,398 SF)
Zoning code
0RMH
APN
21-25-16-0010-04600-0000
UPID
US18-3593271
Jurisdiction
PASCO
Zoning & alternative use
0RMH · Port Richey, FLZoning 0RMH · permitted uses
0RMH · Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
179
Bathrooms
3
Lot
19.57 ac
Current owner
From public records · entity-resolved
Legacy Mhc Tampa Shalimar LP
Entity
Free & Clear · 5 yrs held
Mailing address
3819 MAPLE AVE, DALLAS, TX 75219-3913
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
—
Ch Realty Ix Legacy Mhc Tampa Shali
—
Deed
related
$73,500,000 · Teachers Insurance And Annuity Associati
Aug 4, 2021
$11,709,000
Legacy Mhc Tampa Shalimar LP
Legacy Pill Shalimar LLC
Special Warranty Deed
—
Jun 3, 2019
$6,409,985
Legacy Piii Shalimar LLC
Shalimar Mhp LLC
Trustees Deed
$7,475,000 · Walker & Dunlop
Jan 18, 2006
$7,250,000
Shalimar Mhp LLC
St Lucia Apartments
Warranty Deed
$5,400,000 · Jpmorgan Chase Bank NA
Jan 4, 2006
$406,000
Stlucia Apartments
Shalimar Investments LLC
Warranty Deed
—
Mar 12, 2003
$4,500,000
Saint Lucia Apartments
Shalimar Village LLC
Grant Deed
—
Jul 6, 2000
$3,775,000
Shalimar Village LLC
Mccurry & Associates
Grant Deed
$2,800,000 · Transamerica Occidental Life
—
—
Shalimar Mhp LLC
—
Deed Of Trust
related
$4,000,000 · Bank Of America
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 6503 Outer 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.