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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Office buildings
1380 42nd St, Auburndale, FL 33823
Entity Owned
19-yr Hold
Free & Clear
Property ID
US18-3658135
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
3,462 SF
Lot
5.44 ac (236,923 SF)
Zoning code
R-3
APN
252824000000033440
UPID
US18-3658135
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
$510k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$908k
Blend (final)
Blend
$760k
Owner & transaction history
Pci Properties LLC · 19 yrs held
Pci Properties LLC
since 2007
5 recorded transactions
Zoning & alternative use
R-3 · Auburndale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+40.8%
Commercial (general)
$980,000
+28.9%
Auto repair, garage
$845,000
+10.8%
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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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
$510,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Current use
MEDICAL BUILDING
$1,070,000
Change: +41% · Conversion: Easy
COMMERCIAL (GENERAL)
$980,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$845,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$705,000
Change: -8% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$220 / 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
$11,858
Tax year 2023
Assessed value
$794,016
Assessed 2023
Previous assessed
$920,347
-13.7% YoY
Effective rate
1.49%
On assessed value
Assessed land
$146,605
Assessed improvement
$647,411
Land market value
$146,605
Improvement market value
$647,411
Total market value
$794,016
Applied tax rate
90,000.0000
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
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Stories
2
Units
1
Total area
3,462 SF
Lot
5.44 ac (236,923 SF)
Zoning code
R-3
APN
252824000000033440
UPID
US18-3658135
Jurisdiction
POLK
Zoning & alternative use
R-3 · Auburndale, FL
Zoning R-3 · permitted uses
R-3 · Auburndale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburndale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$760,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$980,000
AUTO REPAIR, GARAGE
Est. value
$845,000
RETAIL STORES
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Heating
NONE
Stories
2
Buildings
2
Units
1
Lot
5.44 ac
Current owner
From public records · entity-resolved
Pci Properties LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 248, AUBURNDALE, FL 33823-0248
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2011
—
Pump-crete INC
—
Deed Of Trust
related
$260,000 · Citizens Bank & Trust Co
Mar 5, 2007
$51,000
Pci Properties LLC
Pump-crete INC
Warranty Deed
—
—
—
Pump-crete INC
—
Deed Of Trust
related
$35,000 · Suntrust Bank NA
—
—
Pump-crete INC
—
Deed Of Trust
related
$300,000 · Citizens Bank & Trust Co
—
—
Pci Properties LLC
—
Deed Of Trust
related
$2,200,000 · Citizens Bank & Trust Co
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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