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Property profile & analytics
OFF-MARKET
Estimated value
$18,290,000
Super regional malls
205 Alexander St, Plant City, FL 33563-7158
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4957987
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
117,856 SF
Lot
16.54 ac (720,315 SF)
Zoning code
PD
APN
P0529225A5000000000050
UPID
US18-4957987
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
-
Avon J. Peacock, RPh Pharmacy
-
Robert E. Reece, RPh Pharmacy
-
Blue Rhino Propane Exchange Propane Supplier
-
Winn-Dixie Pharmacy Grocery & Convenience Store Food Market
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$20.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.29M
Owner & transaction history
Jbl Lake Walden LLC · 7 yrs held
Jbl Lake Walden LLC
since 2018
7 recorded transactions
Zoning & alternative use
PD · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$29.2M
+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 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%
$21,835,000
6.5%
$20,155,000
7%
$18,715,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$28,750,000
Current use
MEDICAL BUILDING
$29,190,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$18.29M
Range $16.46M – $20.12M · ±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
$155 / 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
$315,645
Tax year 2023
Assessed value
$17,886,400
Assessed 2023
Previous assessed
$17,886,400
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$4,074,100
Assessed improvement
$13,812,300
Land market value
$4,074,100
Improvement market value
$13,812,300
Total market value
$17,886,400
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
21
Rooms
20
Total area
117,856 SF
Lot
16.54 ac (720,315 SF)
Zoning code
PD
APN
P0529225A5000000000050
UPID
US18-4957987
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Plant City, FL
Zoning PD · permitted uses
PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$28.8M
MEDICAL BUILDING
Est. value
$29.2M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
21
Rooms
20
Lot
16.54 ac
Current owner
From public records · entity-resolved
Jbl Lake Walden LLC
Entity
Mailing address
2028 HARRISON ST STE #202, HOLLYWOOD, FL 33020-7845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 23, 2018
$29,000,000
Jbl Lake Walden LLC
Rvt Lake Walden Square LLC
Trustees Deed
$22,500,000 · Branch Bk&tr
Feb 21, 2018
—
Rvt Lake Walden Square LLC
—
Grant Deed
related
$1,350,000,000 · Column Fin'l
Feb 13, 2018
—
Rvt Lake Walden Square LLC
Bre Ddr Lake Walden Square LLC
Grant Deed
related
—
Jun 28, 2012
$22,900,472
Bre Ddr Lake Walden Square LLC
Ddr Mdt Lake Walden Square LLC
Grant Deed
related
$250,000,000 · Wells Fargo Bank
Jul 7, 2010
—
Ddr Mdt Lake Walden Square LLC
—
Deed Of Trust
related
$207,900,000 · Commonwealth Bank
Sep 10, 2007
—
Ddr Mdt Lake Walden Square LLC
Ddr Southeast Lake Walden
Quit Claim Deed
related
$305,000,000 · Commonwealth Bank
—
—
Nbi LLC
—
Deed Of Trust
related
$137,479 · Valrico State Bank
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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