Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,295,000
Medical Office Space
9912 Little Rd New Port Richey, FL 34654-3419
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-3352137
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2000
Total area
45,594 SF
Lot
7.99 ac (348,000 SF)
Zoning code
00ER
APN
23-25-16-0020-00000-0300
UPID
US18-3352137
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
-
Veteran's Outpatient Clinic Medical Clinic
-
Dr. Ronald M. Bural, MD Physician
-
Christopher L. Suhr, OD Physician
-
Vangara Malleswari MD Physician
-
Teri Glenn Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.20M
CAP Approach
CAP
$6.47M
Comparable Approach
Comparable
$5.69M
Blend (final)
Blend
$5.30M
Owner & transaction history
9912 Little Rd LLC · 2 yrs held
9912 Little Rd LLC
since 2023
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
00ER · New Port Richey, 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 New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey 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
$5,620,000
ML approach
$5,200,000
CAP Approach
CAP Return
Estimation
6%
$7,010,000
6.5%
$6,470,000
7%
$6,005,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,845,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$5.30M
Range $4.77M – $5.82M · ±10% · vs last sale $4.40M (Jan 20 2022)
Last sale anchor
$4.40M
Jan 20 2022
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
$116 / 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
$58,717
Tax year 2023
Assessed value
$3,212,154
Assessed 2023
Previous assessed
$3,212,154
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$257,972
Assessed improvement
$2,954,182
Land market value
$257,972
Improvement market value
$2,954,182
Total market value
$3,212,154
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1756
Bathrooms
22
Total area
45,594 SF
Lot
7.99 ac (348,000 SF)
Zoning code
00ER
APN
23-25-16-0020-00000-0300
UPID
US18-3352137
Jurisdiction
PASCO
Zoning & alternative use
00ER · New Port Richey, FL
Zoning 00ER · permitted uses
00ER · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Port Richey. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.8M
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1756
Bathrooms
22
Lot
7.99 ac
Current owner
From public records · entity-resolved
9912 Little Rd LLC
Entity
Mailing address
1075 STEPHENSON AVE, OCEANPORT, NJ 07757-1242
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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 16, 2023
$4,400,000
9912 Little Rd LLC
Orion New Port Richey Fl LLC
Special Warranty Deed
$4,400,000 · Cibc Bank USA
Jan 20, 2022
$3,539,420
Orion New Port Richey Fl LLC
Tau South LLC
Special Warranty Deed
—
Oct 5, 2011
$8,590,000
Arc Gsnprfl001 LLC
Heidorn Dev Fl INC
Grant Deed
—
Jun 26, 1998
$330,000
Heidorn Development Fl INC
Heidorn & Heidorn
Grant Deed
related
$4,825,000 · First National Bank Berwick
Jan 13, 1998
$330,000
Heidom
Uzzle,don & Hazel
Grant Deed
$230,000 · Seller
—
—
Heidorn Dev Fl INC
—
Deed Of Trust
related
$679,963 · General Elec Com'l Fin Busines
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9912 Little Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
