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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Retail space
2343 Raden Dr, Land O Lakes, FL 34639
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US19-0483496
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
9,552 SF
Lot
1.65 ac (71,973 SF)
Zoning code
00C2
APN
25-26-18-0000-07900-0100
UPID
US19-0483496
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
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$790k
Owner & transaction history
M & J Property Holdings Co · 13 yrs held
M & J Property Holdings Co
since 2012
5 recorded transactions
Zoning & alternative use
00C2 · Land O Lakes, 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 Land O Lakes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Land O Lakes 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
$790k
Range $711k – $869k · ±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
$83 / 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
$13,018
Tax year 2023
Assessed value
$711,306
Assessed 2023
Previous assessed
$975,521
-27.1% YoY
Effective rate
1.83%
On assessed value
Assessed land
$132,816
Assessed improvement
$578,490
Land market value
$132,816
Improvement market value
$578,490
Total market value
$711,306
Applied tax rate
3,600.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
4620
Bathrooms
7
Total area
9,552 SF
Lot
1.65 ac (71,973 SF)
Zoning code
00C2
APN
25-26-18-0000-07900-0100
UPID
US19-0483496
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Land O Lakes, FL
Zoning 00C2 · permitted uses
00C2 · Land O Lakes, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Land O Lakes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
4620
Bathrooms
7
Lot
1.65 ac
Current owner
From public records · entity-resolved
M & J Property Holdings Co
Entity
Mailing address
2355 RADEN DR, LAND O LAKES, FL 34639-5137
Ownership since
2012
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 30, 2017
—
M & J Property Holdings Co
—
Deed
related
—
Dec 17, 2012
—
M & J Property Holdings Co
Hme Commercial Dev INC
Grant Deed
related
—
May 23, 2006
$1,375,000
M & J Holding Co
Hme Commercial Development INC
Warranty Deed
$1,100,000 · Colonial Bank NA
—
—
M & J Property Holdings Co
—
Deed Of Trust
related
$894,600 · Branch Banking & Trust Co
—
—
Hme Commercial Dev INC
—
Deed Of Trust
related
$450,000 · Suntrust Bank NA
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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