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Property profile & analytics
OFF-MARKET
Estimated value
$4,520,000
Retail properties & Spaces
16100 State Rd 54 Odessa, FL 33556-3718
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-8602436
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2020
Total area
4,060 SF
Lot
1.11 ac (48,427 SF)
Zoning code
MPUD
APN
31-26-18-0110-00000-0020
UPID
US18-8602436
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
-
Take 5 Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.52M
Owner & transaction history
Boing Us Holdco INC · 2 yrs held
Boing Us Holdco INC
since 2024
Last sale
$4.5M
5 recorded transactions
Zoning & alternative use
MPUD · Odessa, 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 Odessa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odessa 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
$4,520,000
ML approach
$4,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.52M
Range $4.07M – $4.97M · ±10% · vs last sale $4.52M (Jan 11 2024)
Last sale anchor
$4.52M
Jan 11 2024
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
$1,113 / 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
$29,808
Tax year 2023
Assessed value
$1,714,376
Assessed 2023
Previous assessed
$1,367,794
+25.3% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,171,651
Assessed improvement
$542,725
Land market value
$1,171,651
Improvement market value
$542,725
Total market value
$1,714,376
Applied tax rate
9,100.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2020
Heating
NONE
Cooling
NONE
Stories
1
Units
3475
Total area
4,060 SF
Lot
1.11 ac (48,427 SF)
Zoning code
MPUD
APN
31-26-18-0110-00000-0020
UPID
US18-8602436
Jurisdiction
PASCO
Zoning & alternative use
MPUD · Odessa, FLZoning MPUD · permitted uses
MPUD · Odessa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Heating
NONE
Cooling
Yes
Stories
1
Units
3475
Lot
1.11 ac
Current owner
From public records · entity-resolved
Boing Us Holdco INC
Entity
Free & Clear · 2 yrs held
Mailing address
1156 EDINGTON PL, MARCO ISLAND, FL 34145-2006
Ownership since
2024
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
Jan 11, 2024
—
Boing Us Holdco INC
Club M LLC
Lease
—
Jan 8, 2024
$4,520,000
Club M LLC
Ko Wash LLC
Special Warranty Deed
—
Jan 13, 2023
—
Boing Us Holdco INC
Ko Wash LLC
Lease
—
Jan 13, 2023
$4,277,200
Ko Wash LLC
Boing Us Holdco INC
Special Warranty Deed
$75,100,000 · Wells Fargo Bank NA
Mar 18, 2022
$5,750,000
Boing Us Holdco INC
Express Wash 54 LLC
Special Warranty Deed
—
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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