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Property profile & analytics
FOR LEASE
Office buildings
106 N Evers St Plant City, FL 33563
Individually Owned
3-yr Hold
Free & Clear
Property ID
US18-3457574
For Lease
1 / 44
$1,190,000
106 N Evers St, Plant City, FL 33563
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Property summary
AI-generated overview
This exceptional 11,183 square foot office building, located at 106 N Evers St in historic downtown Plant City, Florida, presents a unique investment opportunity. The property boasts a prime location, offering easy access to a variety of amenities including McCall Park, numerous restaurants (such as Krazy Kup coffee shop, Propagation Whiskey Bar and Kitchen, Crumbles & Cream Kaffeehaus, Roots Wine Bar, and Three Hands Mead), and shopping. Built in 1956, this two-story Class C building features a traditional office layout suitable for multiple tenants. The property includes ample free surface parking, a significant advantage in a bustling downtown area. The zoning is C-1, providing flexibility for a range of commercial uses. The building's total square footage is 11,183 square feet, spread across two stories. This property is an ideal choice for businesses seeking a well-located, established office space with convenient parking in the heart of Plant City. The building's age and character offer a unique charm, while its central location ensures high visibility and accessibility for clients and employees. The ample parking significantly enhances the property's appeal and practicality. This is a rare opportunity to acquire a substantial office building in a thriving downtown area.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,342 SF
Lot
0.14 ac (6,022 SF)
Zoning code
C-1
APN
P2928225D9032III000031
UPID
US18-3457574
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
-
Plant City Photo Archives Inc Historical Society Archive
-
Recreation Department Park
-
VentraLabs Laboratory
-
Tampa Bay Diagnostic Institute Medical Laboratory Diagnostic Center
-
Plant City Economic Dev Council Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.19M
Owner & transaction history
Danny Gale Druen JR · 3 yrs held
Danny Gale Druen JR
since 2022
Last sale
$1.3M
3 recorded transactions
Zoning & alternative use
C-1 · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1 zone is to provide wholesale distribution establishments and warehouses
Zone name
General Commercial
General category
INDUSTRIAL
Zone area
364.38 ac
Source
Realmo
Top alternative use upside
Industrial (general)
$1.9M
+22.9%
Retail stores
$1.7M
+7.8%
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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant City 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
$1,190,000
ML approach
$1,205,000
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,580,000
Current use
INDUSTRIAL (GENERAL)
$1,940,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,700,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.25M (Dec 2 2022)
Last sale anchor
$1.25M
Dec 2 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
$105 / 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
$22,207
Tax year 2023
Assessed value
$1,258,406
Assessed 2023
Previous assessed
$708,487
+77.6% YoY
Effective rate
1.76%
On assessed value
Assessed land
$39,146
Assessed improvement
$1,219,260
Land market value
$39,146
Improvement market value
$1,219,260
Total market value
$1,258,406
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Rooms
3
Total area
11,342 SF
Lot
0.14 ac (6,022 SF)
Zoning code
C-1
APN
P2928225D9032III000031
UPID
US18-3457574
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1 · Plant City, FLZoning C-1 · permitted uses
C-1 · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-1 zone is to provide wholesale distribution establishments and warehouses
Zone name
General Commercial
General category
INDUSTRIAL
Zone area
364.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Rooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Danny Gale Druen JR
Individual
Free & Clear · 3 yrs held
Mailing address
1808 JAMES L REDMAN PKWY, PLANT CITY, FL 33563-6914
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$1,180,000
Danny Gale Druen JR
Fry 106 LLC
Deed In Lieu Of Foreclosure
related
—
Sep 21, 2022
$1,200,000
Fry 106 LLC
Bxld Building LLC
Warranty Deed
$1,180,000 · Danny Druen
Aug 18, 2021
$825,000
Bxld Building LLC
Greater Plant City Chamber Of Comme
Warranty Deed
—
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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