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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Medical Office Space
7209 Grn Slope Dr Zephyrhills, FL 33541-1306
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-8593194
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
3,200 SF
Lot
0.5 ac (21,871 SF)
Zoning code
00C2
APN
34-25-21-0000-00300-0091
UPID
US18-8593194
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
-
Internal Medicine & Gastroenterology Medical Clinic
-
FHZ Medical Group-Tampa Bay Doctor Medical Group
-
Come N Play Adult Day Care/ Permanently Closed Adult Day Care
-
Elizabeth John, MD Physician
-
Michael Caselnova, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$529k
Blend (final)
Blend
$700k
Owner & transaction history
7209 Gsd Land Trust · 2 yrs held
7209 Gsd Land Trust
since 2024
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
00C2 · Zephyrhills, 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 Zephyrhills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zephyrhills 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
$490,000
6.5%
$455,000
7%
$420,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$675,000
Current use
COMMERCIAL (GENERAL)
$560,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Mar 6 2024)
Last sale anchor
$700k
Mar 6 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
$219 / 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
$4,676
Tax year 2023
Assessed value
$202,253
Assessed 2023
Previous assessed
$202,253
+0.0% YoY
Effective rate
2.31%
On assessed value
Assessed land
$60,002
Assessed improvement
$142,251
Land market value
$60,002
Improvement market value
$142,251
Total market value
$202,253
Applied tax rate
30.0000
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
2002
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
64
Bathrooms
4
Total area
3,200 SF
Lot
0.5 ac (21,871 SF)
Zoning code
00C2
APN
34-25-21-0000-00300-0091
UPID
US18-8593194
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Zephyrhills, FL
Zoning 00C2 · permitted uses
00C2 · Zephyrhills, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zephyrhills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$560,000
MEDICAL BUILDING Current
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
64
Bathrooms
4
Lot
0.5 ac
Current owner
From public records · entity-resolved
7209 Gsd Land Trust
Trust
Mailing address
1936 BRUCE B DOWNS BLVD #551, WESLEY CHAPEL, FL 33544-9262
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
Mar 6, 2024
$700,000
7209 Gsd Land Trust
Clare M Spensley
Warranty Deed
$150,000 · Super Fantastic LLC
Feb 26, 2020
—
Spensley,d R & C M Trust
David R Spensley
Quit Claim Deed
related
—
Sep 11, 2019
$225,000
David R Spensley
La 7209 Green Slope Drive
Warranty Deed
—
Jun 13, 2019
$118,000
Stress Free Prop Mgmt LLC
Caselnova,michael L & Angela M
Warranty Deed
—
Apr 19, 2004
$110,000
East Pasco Medical Arts INC
Townview Medical Arts Center
Warranty Deed
—
—
—
Michael L Caselnova
—
Deed Of Trust
related
$68,669 · Centerstate Bank W Fl 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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