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Property profile & analytics
OFF-MARKET
Estimated value
$7,415,000
Super regional malls
717 Cortaro Dr Ruskin, FL 33573-6812
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-0200410
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,310 SF
Lot
14 ac (609,840 SF)
Zoning code
PD
APN
U113219ZZZ000001777400
UPID
US18-0200410
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
by Request
CAP Approach
CAP
$9.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.42M
Owner & transaction history
Sun City Sdc LLC · 9 yrs held
Sun City Sdc LLC
since 2017
5 recorded transactions
Zoning & alternative use
PD · Ruskin, 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 Ruskin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ruskin 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%
$10,060,000
6.5%
$9,285,000
7%
$8,625,000
Alternative Use
Use
Estimation
RETAIL STORES
$11,830,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$11,470,000
Change: -13% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,440,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$7.42M
Range $6.67M – $8.16M · ±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
$137 / 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
$129,439
Tax year 2023
Assessed value
$7,074,200
Assessed 2023
Previous assessed
$7,074,200
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$3,029,685
Assessed improvement
$4,044,515
Land market value
$3,029,685
Improvement market value
$4,044,515
Total market value
$7,074,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
9
Rooms
37
Total area
54,310 SF
Lot
14 ac (609,840 SF)
Zoning code
PD
APN
U113219ZZZ000001777400
UPID
US18-0200410
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Ruskin, FL
Zoning PD · permitted uses
PD · Ruskin, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ruskin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$11.8M
OFFICE BUILDING
Est. value
$11.5M
COMMERCIAL (GENERAL)
Est. value
$11.4M
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
9
Rooms
37
Lot
14 ac
Current owner
From public records · entity-resolved
Sun City Sdc LLC
Entity
Free & Clear · 9 yrs held
Mailing address
290 NW 165TH ST PH #2, MIAMI, FL 33169-6472
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2017
$5,000,100
Sun City Sdc LLC
Ml-cfc 2006-3 Marketplace LLC
Grant Deed
—
Sep 19, 2014
$10,200
Ml-cfc 2006-3 Marketplace LLC
Marketplace Owner LLC Coc
Trustees Deed
related
—
Sep 11, 2007
$8,600,000
Marketplace Owner LLC
Cri Marketplace Of Cypress Creek
Grant Deed
—
May 28, 2002
$4,830,000
Marketplace At Cypress Cri
Fl Commercial Centers Ltd
Grant Deed
$3,850,000 · Lehman Brothers Bank Fsb
—
—
Cri Marketplace Of Cypress Creek
—
Deed Of Trust
related
$2,813,924 · Pnc 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.
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