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Property profile & analytics
OFF-MARKET
Estimated value
$5,000,000
Commercial land
2401 State Rd 60 Valrico, FL 33594-3708
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5625280
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
908 SF
Lot
4.55 ac (198,198 SF)
Zoning code
PD
APN
U302921ZZZ000004159600
UPID
US18-5625280
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
$5.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Bdg Miller LLC · 1 yrs held
Bdg Miller LLC
since 2024
Last sale
$5.0M
6 recorded transactions
Zoning & alternative use
PD · Valrico, 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 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
$5,000,000
ML approach
$5,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.00M
Range $4.50M – $5.50M · ±10% · vs last sale $5.00M (Dec 18 2024)
Last sale anchor
$5.00M
Dec 18 2024
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
$5,507 / 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
$29,027
Tax year 2023
Assessed value
$1,898,975
Assessed 2023
Previous assessed
$1,627,701
+16.7% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,898,975
Land market value
$1,898,975
Total market value
$1,898,975
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
WALL UNIT
Stories
1
Bathrooms
1
Total area
908 SF
Lot
4.55 ac (198,198 SF)
Zoning code
PD
APN
U302921ZZZ000004159600
UPID
US18-5625280
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Valrico, FL
Zoning PD · permitted uses
PD · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valrico. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
4.55 ac
Current owner
From public records · entity-resolved
Bdg Miller LLC
Entity
Mailing address
2465 N MCMULLEN BOOTH RD STE C, CLEARWATER, FL 33759-1357
Ownership since
2024
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
Dec 18, 2024
$5,000,000
Bdg Miller LLC
Boulouka International Corporation
Special Warranty Deed
$3,000,000 · Boulouka International Corporation
Jun 15, 2017
$5,000,000
Boulouka International Corp
Miller Park Plaza LLC
Warranty Deed
—
Feb 3, 2009
—
Miller Park Plaza LLC
—
Deed Of Trust
related
$4,309,500 · Bank Of America
Jan 9, 2007
$2,000,000
Miller Park Plaza LLC
Wilbanks,james L JR
Warranty Deed
—
Dec 5, 2005
$100,000
James L Wilbanks JR.
Fuksman,armando
Quit Claim Deed
related
—
Feb 13, 2001
$131,300
Wilbanks,james L
Fuksman,armando
Trustees Deed
$75,000 · Lakeland Farmers Market 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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