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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Strip malls
107 7th NE Ave Ruskin, FL 33570-3648
Individually Owned
Free & Clear
Property ID
US18-2852965
Property summary
AI-generated overview
This exceptional 5.8-acre property in Ruskin, Florida, presents a compelling investment opportunity. Located at 107 7th Ave NE, 33570, this commercially zoned (RTC1) land offers significant potential for development. The property currently includes a leased retail space, providing immediate cash flow for the owner. A key advantage is the entitlement for 118 units by right, allowing for substantial future development. This presents a unique chance to either landbank for appreciation or immediately capitalize on the existing retail lease and future development potential. The property's location in Hillsborough County, Florida, offers easy access to major transportation routes and amenities. The asking price is $5,100,000. This is an ideal opportunity for investors seeking a blend of immediate income and long-term growth potential in a thriving Florida market. The latitude and longitude coordinates are 27.7240222, -82.4322613 respectively.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,496 SF
Lot
1.41 ac (61,215 SF)
Zoning code
RTC-1
APN
U0532191UU000000000185
UPID
US18-2852965
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
-
Ninja Warrior Traning Center for Kids Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.25M
Owner & transaction history
MAYNARD CLARK
MAYNARD CLARK
Zoning & alternative use
RTC-1 · Ruskin, 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 Ruskin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ruskin 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±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
$85 / 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
$20,514
Tax year 2023
Assessed value
$1,197,900
Assessed 2023
Previous assessed
$1,197,900
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$272,878
Assessed improvement
$925,022
Land market value
$272,878
Improvement market value
$925,022
Total market value
$1,197,900
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
3
Rooms
12
Total area
26,496 SF
Lot
1.41 ac (61,215 SF)
Zoning code
RTC-1
APN
U0532191UU000000000185
UPID
US18-2852965
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RTC-1 · Ruskin, FL
Zoning RTC-1 · permitted uses
RTC-1 · Ruskin, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ruskin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
3
Rooms
12
Lot
1.41 ac
Current owner
From public records · entity-resolved
MAYNARD CLARK
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 158, RUSKIN, FL 33575-0158
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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