12221 Us Hwy 301 Thonotosassa, FL 33592-2726
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$765k
Range $689k – $842k (±10%)
Implied cap rate
9.80%
In-place · NOI ÷ last sale
Property ID
US19-0890692
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,087 SF
Lot
1.62 ac (70,567 SF)
Zoning code
CI
APN
U092820ZZZ000001994500
UPID
US19-0890692
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$765k
Owner & transaction history
since 2026
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CI · Thonotosassa, FL
Top alternative use upside
Office building
$1.8M
+74.9%
Medical building
$1.8M
+66.9%
Neighborhood: shopping center
$1.7M
+64.4%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$765k
Value range
$689k – $842k
±10% around blend
Estimated value / SF
$108 / SF
Confidence
High
10 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$689k
blend $765k
$842k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,087 SF
Lot area
1.62 ac
Year built
1993
Stories
1
APN
U092820ZZZ000001994500
Assessed value
$806,940
Annual tax
$13,462
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.16M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.25M
@ 6.5% CAP return
$1.16M
@ 7% CAP return
$1.08M
4
Sales comparison
Partial preview
Sales approach indication
$1.61M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.6 mi away · 8,000 SF
14.8 mi away · 5,523 SF
15.5 mi away · 5,800 SF
18.0 mi away · 7,356 SF
19.2 mi away · 5,160 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$765k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 367 sales
$148
-27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $108/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+75%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Retail Stores
Commercial (general)
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
Not available
Market rent
Not available
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
9.80%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.80%
9.0%
NOI (est.)
$98k *
Last sale · Dec 2025
$1.40M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.00M
Move the market yield to see immediate price impact.
Value / SF
$141
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
9.30%9.80%10.30%
$88k
$948k
$900k
$856k
$98k
$1.05M
$1.00M
$951k
$108k
$1.16M
$1.10M
$1.05M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$2.00M
10.6 mi · Nov 2025 · $263/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,462
Tax year 2023
Assessed value
$806,940
Assessed 2023
Previous assessed
$709,234
+13.8% YoY
Effective rate
1.67%
On assessed value
Assessed land
$292,698
Assessed improvement
$514,242
Land market value
$292,698
Improvement market value
$514,242
Total market value
$806,940
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
3
Total area
7,087 SF
Lot
1.62 ac (70,567 SF)
Zoning code
CI
APN
U092820ZZZ000001994500
UPID
US19-0890692
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Thonotosassa, FLZoning CI · permitted uses
CI · Thonotosassa, 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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
3
Lot
1.62 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CI
Jurisdiction
Thonotosassa, FL
Recorded code
CI
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Owner of record and activity signals are derived from public records and modeled classifications.
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