924 Cypress Vlg Blvd Ruskin, FL 33573-6829
Property profile & analytics
924 Cypress Vlg Blvd, Ruskin, FL 33573-6829
- Medical Office Space
- 5,321 SF
- 0.19 lot acres
Property ID
US18-3665853
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Holly Bartley / Physician
- Adriana Herron / Physician
- Michelle Troyer / Physician
- Vincent Patrick / Physician / Medical Clinic
- Watson Clinic Dermatology at Sun City Center / Medical Clinic
Property Details for 924 Cypress Vlg Blvd
- Year built
- 2009
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.19 lot acres
- Zone code
- PD
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- U0232199GO000000000040
- APU
- U0232199GO000000000040
Description
This exceptional investment opportunity presents a 11,000-square-foot, single-story medical office building in Sun City Center, Florida. The property features a stabilized, NNN lease structure with two high-quality corporate-guaranteed tenants: Watson Clinic and Elite DNA Behavioral Health. Watson Clinic, a long-term tenant since 2008, occupies 8,000 square feet and recently extended their lease, ensuring a remaining term of over 10 years. Elite DNA Behavioral Health occupies 3,000 square feet, having completed their build-out in late 2023. The building boasts a 5.95% cap rate and a strong NOI of $463,332. Situated on a 16,945-square-foot lot, the property provides ample parking (4.9 spaces per 1,000 sq ft). Built in phases (2009, 2020, and 2023), the property is zoned for Planned Development and benefits from the significant population growth in the Sun City Center area. The lease terms include two 5-year options. This presents a low-risk, passive income investment with significant long-term potential in a rapidly growing market. The property sustained no structural damage from recent hurricanes. Financial details, including rent roll and lease specifics, are available in the Offering Memorandum. The asking price is $7,790,000, translating to $708.18 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ruskin
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.3818
- Latitude
- 27.7224
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$18,230
$127,124
$888,876
$1,016,000
-
$127,124
$888,876
$1,016,000
