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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Strip malls
11909 Dr Martin Luther King Jr Blvd, Seffner, FL 33584-4934
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4681860
Property summary
AI-generated overview
This exceptional 0.42-acre commercial land parcel presents a unique investment opportunity in the thriving Seffner, Florida market. Located at 11909 E Dr Martin Luther King Jr Blvd, the property boasts approximately 137 feet of frontage on East MLK Jr. Boulevard, ensuring high visibility and accessibility. The site is zoned CN (Commercial Neighborhood), offering a range of potential development options for businesses seeking a strategic location. The property's APN is U-10-29-20-29L-000001-00001.0, and it is situated in Hillsborough County, Florida, with a zip code of 33584. This single-tenant land parcel is available for lease and represents a blank canvas for entrepreneurs and developers looking to establish a presence in a rapidly growing area. The property's location provides easy access to major transportation routes, making it an attractive option for businesses needing convenient access to the surrounding community and beyond. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Serious inquiries are encouraged.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,608 SF
Lot
0.42 ac (18,164 SF)
Zoning code
CN
APN
U10292029L000001000010
UPID
US18-4681860
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$735k
Owner & transaction history
Rocwell Highview LLC · 5 yrs held
Rocwell Highview LLC
since 2021
Last sale
$725,000
6 recorded transactions
Zoning & alternative use
CN · Seffner, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+6.4%
Medical building
$1.1M
+1.5%
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 Seffner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seffner 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
$745,000
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$730,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,125,000
Current use
OFFICE BUILDING
$1,195,000
Change: +6% · Conversion: Moderate
MEDICAL BUILDING
$1,140,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$1,005,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$970,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $725k (Jan 19 2021)
Last sale anchor
$725k
Jan 19 2021
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
$160 / 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
$7,350
Tax year 2023
Assessed value
$411,300
Assessed 2023
Previous assessed
$411,300
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$163,476
Assessed improvement
$247,824
Land market value
$163,476
Improvement market value
$247,824
Total market value
$411,300
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Rooms
8
Total area
4,608 SF
Lot
0.42 ac (18,164 SF)
Zoning code
CN
APN
U10292029L000001000010
UPID
US18-4681860
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CN · Seffner, FL
Zoning CN · permitted uses
CN · Seffner, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seffner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$970,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Rooms
8
Lot
0.42 ac
Current owner
From public records · entity-resolved
Rocwell Highview LLC
Entity
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2021
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
Jan 19, 2021
—
Rocwell Highview LLC
Rocwell Highview LLC
Quit Claim Deed
related
—
Jun 18, 2020
$725,000
Rocwell Highview LLC
Orangetastic LLC
Special Warranty Deed
$575,000 · Valley National Bank
May 10, 2018
$80,000
Kanko LLC
Baughman Christa G
Grant Deed
—
Mar 29, 2013
$400,000
Orangetastic LLC
Baughman,christa G
Warranty Deed
—
Mar 29, 2013
—
Medina,maria P 1994 Trust
Medina Maria P 1994 Trust
Quit Claim Deed
related
—
—
—
Orangetastic LLC
—
Loan Modification
related
$300,000 · Platinum Bk
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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