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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Medical Office Space
2204 Parsons Ave Seffner, FL 33584-5212
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-0144770
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,520 SF
Lot
1.07 ac (46,400 SF)
Zoning code
PD
APN
U112920ZZZ000002444300
UPID
US18-0144770
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
-
Lakhabhai Gedia Physician
-
Palter Denise Crisis Center Medical Clinic
-
Advanced Veterinary Services Veterinary Clinic
-
Ashvin Bhikhabhai Wellmed Brandon Reg Physician
-
Ashvin Shingala Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$895k
Owner & transaction history
Avs Land LLC · 1 yrs held
Avs Land LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
PD · Seffner, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+4.8%
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 Seffner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seffner 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
$875,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$725,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,365,000
Current use
OFFICE BUILDING
$1,435,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,345,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$1,205,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,165,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $900k (Mar 8 2021)
Last sale anchor
$900k
Mar 8 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
$162 / 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
$16,375
Tax year 2023
Assessed value
$894,200
Assessed 2023
Previous assessed
$838,300
+6.7% YoY
Effective rate
1.83%
On assessed value
Assessed land
$394,400
Assessed improvement
$499,800
Land market value
$394,400
Improvement market value
$499,800
Total market value
$894,200
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
5,520 SF
Lot
1.07 ac (46,400 SF)
Zoning code
PD
APN
U112920ZZZ000002444300
UPID
US18-0144770
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Seffner, FL
Zoning PD · permitted uses
PD · Seffner, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seffner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
1.07 ac
Current owner
From public records · entity-resolved
Avs Land LLC
Entity
Mailing address
2204 S PARSONS AVE, SEFFNER, FL 33584-5212
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
—
Avs Land LLC
Advanced Veterinary Services LLC
Deed
related
—
Mar 8, 2021
$900,000
Advanced Veterinary Services LLC
Tb Professional Real Estate LLC
Warranty Deed
$1,440,000 · The Bank Of Tampa
Sep 26, 2016
—
Tb Professional R & E LLC
Patel & Gedia Medical Assocs P
Warranty Deed
—
Oct 28, 2013
$660,000
Patel & Gedia Medical Assocs P
Bhavik Reshma LLC
Warranty Deed
$467,500 · Bank Of America
Jun 30, 2005
—
Bharti L Gedia
Gedia,lakhabhai D & Bharti L
Quit Claim Deed
—
Apr 16, 2003
$130,500
Lakhabhai D Gedia
Walton,claudia D
Grant Deed
$123,190 · Bank Of America
Jun 9, 2001
$140,000
Claudia D Walton
Wilson,richard G
Grant Deed
$112,000 · Fremont Investment & Loan
Jan 18, 2001
$140,000
Richard G Wilson
Walton,bruce E
Grant Deed
$112,000 · America's Wholesale Lender
Aug 11, 1997
$75,000
James M Broxton
Terry,marvin W & Mildred K
Grant Deed
$60,000 · Provident Savings Bank
—
—
Bhavik Reshma LLC
—
Deed Of Trust
related
$600,000 · Patel Mina S Trust (tr)
—
—
James M Broxton
—
Deed Of Trust
related
$36,261 · Abc Supply Co INC
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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