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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Medical Office Space
7215 Us Hwy 27th N Sebring, FL 33870-1051
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4659474
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
FRAME
Total area
8,223 SF
Lot
0.78 ac (34,000 SF)
Zoning code
B3
APN
C-04-34-28-040-7070-0170
UPID
US18-4659474
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
-
Deshpande Navin MD Pediatrician Medical Clinic
-
Seralde Mercy Lynn MD Pediatrician Medical Clinic
-
Gill Parmjit MD Pediatrician Medical Clinic
-
Reena Reddy Pediatrician Medical Clinic
-
Heartland Pediatrics Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.00M
Owner & transaction history
Balaji Properties LLC · 1 yrs held
Balaji Properties LLC
since 2024
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
B3 · Sebring, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+19.1%
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 Sebring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sebring 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,350,000
Current use
RETAIL STORES
$1,610,000
Change: +19% · Conversion: Difficult
OFFICE BUILDING
$1,225,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Aug 13 2024)
Last sale anchor
$1.00M
Aug 13 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
$122 / 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
$15,396
Tax year 2023
Assessed value
$1,084,931
Assessed 2023
Previous assessed
$1,008,391
+7.6% YoY
Effective rate
1.42%
On assessed value
Assessed land
$190,000
Assessed improvement
$894,931
Land market value
$190,000
Improvement market value
$894,931
Total market value
$1,084,931
Applied tax rate
40.0000
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
2012
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
15
Bathrooms
3
Total area
8,223 SF
Lot
0.78 ac (34,000 SF)
Zoning code
B3
APN
C-04-34-28-040-7070-0170
UPID
US18-4659474
Jurisdiction
HIGHLANDS
Zoning & alternative use
B3 · Sebring, FL
Zoning B3 · permitted uses
B3 · Sebring, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sebring. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING Current
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
2012
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
15
Bathrooms
3
Lot
0.78 ac
Current owner
From public records · entity-resolved
Balaji Properties LLC
Entity
Mailing address
1510 SUNRISE DR, SEBRING, FL 33872-2000
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
Aug 13, 2024
$1,000,000
Balaji Properties LLC
Balaji Pediatrics LLC
Warranty Deed
$150,000 · Balaji Pediatrics LLC
Apr 20, 2010
—
Balaji Pediatrics LLC
Deshpande,navin D & Sunita N
Warranty Deed
—
Jun 16, 2008
—
Navin D Deshpande
Deshpande,sunita N
Quit Claim Deed
related
—
Jun 9, 2006
—
Deshpande Sunita N Trust
Deshpande Sunita N Trust
Quit Claim Deed
related
—
Mar 8, 2005
$228,500
Deshpande Sunita N Trust
Hallmark Media Group INC
Warranty Deed
$182,800 · Heartland National Bank
—
—
Hallmark Media Group INC
—
Deed Of Trust
related
$60,000 · Highlands Independent 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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