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Property profile & analytics
OFF-MARKET
Estimated value
$32,395,000
Super regional malls
1901 State Rd 60 Valrico, FL 33594-3673
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5169633
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
158,425 SF
Lot
13.61 ac (592,805 SF)
Zoning code
PD
APN
U252920ZZZ000002598600
UPID
US18-5169633
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
$27.09M
Comparable Approach
Comparable
$33.51M
Blend (final)
Blend
$32.40M
Owner & transaction history
Valrico Station LLC · 4 yrs held
Valrico Station LLC
since 2021
Last sale
$31.8M
6 recorded transactions
Zoning & alternative use
PD · Valrico, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$41.1M
+6.4%
Medical building
$39.2M
+1.5%
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 Valrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valrico 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
$32,545,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,350,000
6.5%
$27,090,000
7%
$25,155,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$38,650,000
Current use
OFFICE BUILDING
$41,135,000
Change: +6% · Conversion: Moderate
MEDICAL BUILDING
$39,235,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$34,515,000
Change: -11% · Conversion: Easy
COMMERCIAL (GENERAL)
$33,365,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$32.40M
Range $29.16M – $35.63M · ±10% · vs last sale $31.76M (Sep 1 2021)
Last sale anchor
$31.76M
Sep 1 2021
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
$204 / 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
$357,377
Tax year 2023
Assessed value
$19,952,300
Assessed 2023
Previous assessed
$19,952,300
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$5,178,741
Assessed improvement
$14,773,559
Land market value
$5,178,741
Improvement market value
$14,773,559
Total market value
$19,952,300
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
25
Rooms
34
Total area
158,425 SF
Lot
13.61 ac (592,805 SF)
Zoning code
PD
APN
U252920ZZZ000002598600
UPID
US18-5169633
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Valrico, FLZoning PD · permitted uses
PD · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$38.7M
OFFICE BUILDING
Est. value
$41.1M
MEDICAL BUILDING
Est. value
$39.2M
RETAIL STORES
Est. value
$34.5M
COMMERCIAL (GENERAL)
Est. value
$33.4M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
25
Rooms
34
Lot
13.61 ac
Current owner
From public records · entity-resolved
Valrico Station LLC
Entity
Mailing address
11501 NORTHLAKE DR FL #1, CINCINNATI, OH 45249-1667
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2021
$31,760,600
Valrico Station LLC
Valrico Commons LP
Special Warranty Deed
—
Nov 2, 2010
$6,714,000
Valrico Commons LP
Valrico Commons LLC
Grant Deed
—
Mar 15, 2010
$6,000,000
Valrico Commons LLC
Valrico Partners LP Ltd
Grant Deed
—
—
—
Valrico Partners LP Ltd
—
Deed Of Trust
related
$120,000 · Kevin W Ryan
—
—
Valrico Commons
—
Loan Modification
related
$18,000,000 · Northwestern Mutual Life Ins
—
—
Valrico Partners LP Ltd
—
Deed Of Trust
related
$493,000 · Hope H Jones
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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