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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Residential income homes
1400 Strawberry Pl, Plant City, FL 33563-6876
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4615371
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1982
Construction
WOOD
Total area
3,456 SF
Lot
3.8 ac (165,528 SF)
Zoning code
R-2
APN
P322822ZZZ000006061900
UPID
US18-4615371
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
-
Strawberry Place Apartments Apartment Building
-
Plant City Abogados Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$620k
Owner & transaction history
Micro Properties LLC · 14 yrs held
Micro Properties LLC
since 2012
4 recorded transactions
Zoning & alternative use
R-2 · Plant City, 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 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
by Request
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$179 / 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
$52,220
Tax year 2023
Assessed value
$3,194,600
Assessed 2023
Previous assessed
$3,194,600
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$440,000
Assessed improvement
$2,754,600
Land market value
$440,000
Improvement market value
$2,754,600
Total market value
$3,194,600
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
9
Stories
1
Units
4
Rooms
56
Bathrooms
9
Total area
3,456 SF
Lot
3.8 ac (165,528 SF)
Zoning code
R-2
APN
P322822ZZZ000006061900
UPID
US18-4615371
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
R-2 · Plant City, FL
Zoning R-2 · permitted uses
R-2 · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
9
Units
4
Rooms
56
Bathrooms
9
Lot
3.8 ac
Current owner
From public records · entity-resolved
Micro Properties LLC
Entity
Free & Clear · 14 yrs held
Mailing address
37 SOLOGNE CIR, LITTLE ROCK, AR 72223-8913
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2012
$89,000
Micro Properties LLC
Excel Coml Props Of Florida LLC
Warranty Deed
—
Nov 21, 2011
$89,000
Excel Coml Props Of Florida LLC
Cpm Properties LLC
Warranty Deed
—
Oct 8, 2004
$2,015,000
Cpm Properties LLC
Strawberry Place Apartments Ll
Warranty Deed
$1,368,750 · Colonial Bank
—
—
Cpm Properties LLC
—
Deed Of Trust
related
$1,150,000 · Standard Insurance 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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