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Property profile & analytics
OFF-MARKET
Office buildings
1501 Williams Rd, Plant City, FL 33565-2458
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-1250564
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
STEEL FRAME
Total area
324 SF
Lot
48.32 ac (2,104,819 SF)
Zoning code
AS-1
APN
U042822ZZZ000004622800
UPID
US18-1250564
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David L Drawdy · 24 yrs held
David L Drawdy
since 2001
7 recorded transactions
Zoning & alternative use
AS-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,198
Tax year 2023
Assessed value
$242,466
Assessed 2023
Previous assessed
$232,490
+4.3% YoY
Effective rate
1.73%
On assessed value
Land market value
$1,039,073
Improvement market value
$138,578
Total market value
$1,177,651
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
1978
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Units
1
Rooms
4
Total area
324 SF
Lot
48.32 ac (2,104,819 SF)
Zoning code
AS-1
APN
U042822ZZZ000004622800
UPID
US18-1250564
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
AS-1 · Plant City, FL
Zoning AS-1 · permitted uses
AS-1 · 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
1978
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
4
Lot
48.32 ac
Current owner
From public records · entity-resolved
David L Drawdy
Individual
Mailing address
1511 WILLIAMS RD, PLANT CITY, FL 33565-2458
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2018
—
David L Drawdy
—
Trustees Deed
related
$150,000 · Centennial Bk
May 15, 2017
—
David L Drawdy
—
Trustees Deed
related
$200,000 · Centennial Bk
Dec 17, 2001
$200,000
David L Drawdy
Drawdy,ruis L & Linda J
Grant Deed
related
$200,000 · Ruis L & Linda J Drawdy
Nov 12, 1996
—
Ruis L Drawdy
Drawdy,ruis L
Quit Claim Deed
related
—
—
—
Ruis L Drawdy
—
Deed Of Trust
related
$210,000 · United Wholesale Mortgage
—
—
Ruis L Drawdy
—
Deed Of Trust
related
$228,000 · Farm Credit Service
—
—
Ruis Drawdy
—
Deed Of Trust
related
$185,000 · Dollar Realty & Mortgage
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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