Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Medical Office Space
1507 Reynolds St Plant City, FL 33563-4702
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3779221
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,670 SF
Lot
0.43 ac (18,522 SF)
Zoning code
C-1B
APN
P3028225DQ000001000070
UPID
US18-3779221
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
-
Dr. Bou Pediatrics Pediatrician Medical Clinic
-
Rajendran Mds Physician
-
Cardiology & Internal Medicine Medical Clinic
-
Dr. Scott Dona Pediatrician Medical Clinic
-
Srinivas Rajendran Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$459k
Blend (final)
Blend
$655k
Owner & transaction history
Plant City Prof & Busn Center · 16 yrs held
Plant City Prof & Busn Center
since 2010
2 recorded transactions
Zoning & alternative use
C-1B · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C1B zone is to provide business offices, including banks, real estate, insurance and other similar offices, including professional, photographic or art studios or funeral homes
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
49.83 ac
Source
Realmo
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
by Request
CAP Approach
CAP Return
Estimation
6%
$870,000
6.5%
$805,000
7%
$745,000
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$116 / 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
$11,937
Tax year 2023
Assessed value
$705,700
Assessed 2023
Previous assessed
$645,700
+9.3% YoY
Effective rate
1.69%
On assessed value
Assessed land
$120,393
Assessed improvement
$585,307
Land market value
$120,393
Improvement market value
$585,307
Total market value
$705,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
2
Rooms
20
Bathrooms
3
Total area
5,670 SF
Lot
0.43 ac (18,522 SF)
Zoning code
C-1B
APN
P3028225DQ000001000070
UPID
US18-3779221
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1B · Plant City, FLZoning C-1B · permitted uses
C-1B · 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 C1B zone is to provide business offices, including banks, real estate, insurance and other similar offices, including professional, photographic or art studios or funeral homes
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
49.83 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
2
Rooms
20
Bathrooms
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Plant City Prof & Busn Center
Entity
Free & Clear · 16 yrs held
Mailing address
3633 CORTEZ RD W STE B3, BRADENTON, FL 34210-3123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2010
—
Plant City Prof & Busn Center
Artyamsoal,vinai & Nongluck
Quit Claim Deed
related
—
—
—
Vinal Artyamsoal
—
Deed Of Trust
related
$250,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1507 Reynolds St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
