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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Car washes
1414 Alexander St Plant City, FL 33563-8412
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-8929786
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,109 SF
Lot
1.78 ac (77,500 SF)
Zoning code
C-1A
APN
P32282259E000000000031
UPID
US18-8929786
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
-
Walden Lake Car Wash and Oil Change Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.56M
Owner & transaction history
Re Car Wash And Oil Change LLC · 4 yrs held
Re Car Wash And Oil Change LLC
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
C-1A · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1A zone is to provide neighborhood business district, all uses shall be done within a completely enclosed building, business and professional offices including banks, real estate, insurance, accounting, law, architecture, planning, engineering, advertising, medical, dental, veterinary office or clinic, photographic or art studio or funeral h…
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
692.87 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.5M
+157.7%
Apartment house (5+ units)
$1.8M
+87.0%
Medical building
$1.3M
+31.3%
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
$1,515,000
ML approach
$1,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$965,000
Current use
RESTAURANT
$2,485,000
Change: +158% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,805,000
Change: +87% · Conversion: Difficult
MEDICAL BUILDING
$1,265,000
Change: +31% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,245,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.56M (Jun 29 2022)
Last sale anchor
$1.56M
Jun 29 2022
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
$305 / 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
$21,919
Tax year 2023
Assessed value
$1,242,042
Assessed 2023
Previous assessed
$855,330
+45.2% YoY
Effective rate
1.76%
On assessed value
Assessed land
$532,355
Assessed improvement
$709,687
Land market value
$532,355
Improvement market value
$709,687
Total market value
$1,242,042
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
5,109 SF
Lot
1.78 ac (77,500 SF)
Zoning code
C-1A
APN
P32282259E000000000031
UPID
US18-8929786
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1A · Plant City, FLZoning C-1A · permitted uses
C-1A · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-1A zone is to provide neighborhood business district, all uses shall be done within a completely enclosed building, business and professional offices including banks, real estate, insurance, accounting, law, architecture, planning, engineering, advertising, medical, dental, veterinary office or clinic, photographic or art studio or funeral homes
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
692.87 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$965,000
RESTAURANT
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Re Car Wash And Oil Change LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1414 S ALEXANDER ST, PLANT CITY, FL 33563-8412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2024
—
Re Car Wash And Oil Change LLC
—
Deed
related
$240,000 · Paradise Bank
Jun 29, 2022
$1,560,000
Re Car Wash And Oil Change LLC
Aft Car Wash LLC
Warranty Deed
—
Dec 6, 2018
—
Aft Car Wash LLC
—
Deed
related
$684,900 · Centerstate Bk NA
Feb 16, 2011
$650,000
Aft Car Wash LLC
Community Bank & Company
Warranty Deed
$520,000 · Community Bank & Company
Jul 14, 2008
$9,100
Community Bank Of Manatee
Walden Lake Car Wash LLC
Trustees Deed
related
—
Dec 6, 2004
$237,000
Walden Lake Car Wash LLC
Olivo,luis M
Warranty Deed
$187,000 · Community Bank Of Manatee
Sep 26, 2002
$165,000
Lula M Olive
First Presbyterian Church Of
Grant Deed
$175,000 · Southtrust Bank NA
—
—
Aft Car Wash LLC
—
Loan Modification
related
$684,900 · Centerstate Bk NA
—
—
Walden Lake Car Wash LLC
—
Deed Of Trust
related
$180,000 · Community Bank Of Manatee
—
—
Walden Lake Car Wash LLC
—
Deed Of Trust
related
$1,020,000 · Community Bank Of Manatee
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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