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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
8409 Land O Lks Blvd, Land O Lakes, FL 34638-5810
Entity Owned
9-yr Hold
Free & Clear
Property ID
US18-4835006
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Total area
2,668 SF
Lot
2.07 ac (90,000 SF)
Zoning code
00R1
APN
26-25-18-0010-00000-0870
UPID
US18-4835006
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
$335k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$555k
Owner & transaction history
Event Marketing Corp · 9 yrs held
Event Marketing Corp
since 2016
6 recorded transactions
Zoning & alternative use
00R1 · Land O Lakes, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$670,000
+35.1%
Medical building
$660,000
+32.6%
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 Land O Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Land O Lakes 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
$335,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$475,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$495,000
Current use
RETAIL STORES
$670,000
Change: +35% · Conversion: Easy
MEDICAL BUILDING
$660,000
Change: +33% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$208 / 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
$10,408
Tax year 2023
Assessed value
$731,304
Assessed 2023
Previous assessed
$668,856
+9.3% YoY
Effective rate
1.42%
On assessed value
Assessed land
$458,320
Assessed improvement
$272,984
Land market value
$458,320
Improvement market value
$272,984
Total market value
$731,304
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1976
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
638
Bathrooms
3
Total area
2,668 SF
Lot
2.07 ac (90,000 SF)
Zoning code
00R1
APN
26-25-18-0010-00000-0870
UPID
US18-4835006
Jurisdiction
PASCO
Zoning & alternative use
00R1 · Land O Lakes, FL
Zoning 00R1 · permitted uses
00R1 · Land O Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Land O Lakes. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$495,000
RETAIL STORES
Est. value
$670,000
MEDICAL BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL 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
1976
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
638
Bathrooms
3
Lot
2.07 ac
Current owner
From public records · entity-resolved
Event Marketing Corp
Entity
Free & Clear · 9 yrs held
Mailing address
8409 LAND O LKS BLVD, LAND O LAKES, FL 34638-5810
Ownership since
2016
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
Jul 27, 2016
$269,000
Event Marketing Corp
Fannie Mae
Grant Deed
—
Dec 11, 2015
$155,100
Federal Natl Mtg Assn
Wark,matthew J Coc
Trustees Deed
related
—
Oct 22, 2014
—
Land Olakes Church Of God
Wark,christy E
Quit Claim Deed
related
—
Jul 9, 2010
—
Wark James M Trust
Wark,james M
Quit Claim Deed
related
—
Nov 20, 2003
$225,000
James M Wark
Hansen,walter V & Norma T
Grant Deed
$180,000 · Wachovia Mortgage Co
—
—
Walter V Hansen
—
Deed Of Trust
related
$18,000 · Gte FCU
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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