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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Retail space
208 Collins St Plant City, FL 33563-5532
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-6116146
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,786 SF
Lot
0.25 ac (11,025 SF)
Zoning code
C-1
APN
P2928225DF000004000040
UPID
US18-6116146
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
-
The Mercantile Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.30M
Owner & transaction history
David C Schultz · 6 yrs held
David C Schultz
since 2019
7 recorded transactions
Zoning & alternative use
C-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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±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
$69 / 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
$10,332
Tax year 2023
Assessed value
$617,971
Assessed 2023
Previous assessed
$536,293
+15.2% YoY
Effective rate
1.67%
On assessed value
Assessed land
$146,081
Assessed improvement
$471,890
Land market value
$146,081
Improvement market value
$471,890
Total market value
$617,971
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
4
Rooms
4
Total area
18,786 SF
Lot
0.25 ac (11,025 SF)
Zoning code
C-1
APN
P2928225DF000004000040
UPID
US18-6116146
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1 · Plant City, FL
Zoning C-1 · permitted uses
C-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
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Rooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
David C Schultz
Individual
Free & Clear · 6 yrs held
Mailing address
2903 SUTTON PNES CT, PLANT CITY, FL 33566-9611
Ownership since
2019
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
Oct 17, 2019
$100
David C Schultz
P & D Co Of Florida LLC
Warranty Deed
—
Dec 20, 2016
$382,300
P&d Companly Of Florida LLC
B& Wcash Properites INC
Warranty Deed
$653,630 · Hillsboro Bank
Oct 26, 2004
$600,000
B & W Cash Properties INC
Hicks,phil E & Cynthia J
Warranty Deed
—
Feb 21, 2000
$525,000
Phil E Hicks
Hawthorne Real Estate Lc
Grant Deed
$624,000 · Hillsboro Bank & Trust Co
Mar 20, 1997
$125,000
Real Estate Lc Hawthorne
F F F Co
Grant Deed
—
—
—
B & W Cash Properties INC
—
Deed Of Trust
related
$500,000 · Hillsboro Bank
—
—
Phil E Hicks
—
Deed Of Trust
related
$103,650 · Hillsboro Bank & Trust Co
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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