Office buildings
Trust Owned
8-yr Hold
Free & Clear
Trust Owned 
For Lease
1 / 12
$355,000
504 S Kings Ave, Brandon, FL 33511
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Property summary
AI-generated overview
This exceptional 3,414 square foot mixed-use property, located at 504 S Kings Avenue in Brandon, Florida, presents a compelling investment opportunity. Situated on a 0.67-acre lot, the property's current zoning allows for a variety of uses, and its strategic location offers significant upside potential. The proximity to a hospital and other medical facilities suggests a possible rezoning for a medical building, a highly sought-after use in this area. Alternatively, the property's size and layout could be well-suited for development into a self-storage facility, capitalizing on the growing demand for such services. Adding to its appeal, an adjacent 0.4-acre parcel at 502 S Kings Avenue is available for lease, providing an opportunity to expand the property footprint significantly at a low cost. Currently, the property features month-to-month tenants, offering flexibility for future development plans. The seller is open to discussing owner financing options, requiring a 50% down payment. This property represents a rare chance to acquire a versatile asset in a prime Brandon location with significant development possibilities. Serious inquiries are encouraged to explore the full potential of this unique investment.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Construction
WOOD
Total area
3,414 SF
Lot
0.67 ac (29,000 SF)
Zoning code
PD
APN
U272920ZZZ000002663100
UPID
US18-0853501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Property Management Company Real Estate Agency
-
Property Management Company
-
Property Management Company Commercial Real Estate Agency
-
Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$355k
Owner & transaction history
since 2018
7 recorded transactions
Zoning & alternative use
PD · Brandon, FL
Top alternative use upside
Neighborhood: shopping center
$835,000
+26.1%
Retail stores
$785,000
+19.2%
Commercial (general)
$720,000
+8.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 15 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$355k
Value range
$320k – $391k
±10% around blend
Estimated value / SF
$104 / SF
Confidence
High
15 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$320k
blend $355k
$391k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,414 SF
Lot area
0.67 ac
Year built
1951
Stories
1
APN
U272920ZZZ000002663100
Assessed value
$514,900
Annual tax
$9,592
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$9,592
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.01M
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.2 mi away · 2,885 SF
10.3 mi away · 4,008 SF
11.9 mi away · 2,786 SF
18.9 mi away · 3,656 SF
20.2 mi away · 2,542 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$355k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 70 sales
$193
-46%
Submarket 87 sales
$189
-45%
County 1027 sales
$260
-60%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $104/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+26%
vs current-use indication
Retail Stores
Commercial (general)
Medical Building
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$867k
Move the market yield to see immediate price impact.
Value / SF
$254
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$55k
$1.09M
$780k
$607k
$61k
$1.21M
$867k
$674k
$67k
$1.33M
$953k
$742k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$904k
7.3 mi · Dec 2025 · $249/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,592
Tax year 2023
Assessed value
$514,900
Assessed 2023
Previous assessed
$463,400
+11.1% YoY
Effective rate
1.86%
On assessed value
Assessed land
$300,150
Assessed improvement
$214,750
Land market value
$300,150
Improvement market value
$214,750
Total market value
$514,900
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1951
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
8
Bathrooms
2
Total area
3,414 SF
Lot
0.67 ac (29,000 SF)
Zoning code
PD
APN
U272920ZZZ000002663100
UPID
US18-0853501
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Brandon, FLZoning PD · permitted uses
PD · Brandon, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1951
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
8
Bathrooms
2
Lot
0.67 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PD
Jurisdiction
Brandon, FL
Recorded code
PD
Ownership Intelligence
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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