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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Commercial land
2702 State Rd 60 Valrico, FL 33594-3832
Entity Owned
Free & Clear
Property ID
US18-3292005
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1948
Total area
2,694 SF
Lot
1.32 ac (57,499 SF)
Zoning code
PD
APN
U192921ZZZ000004073100
UPID
US18-3292005
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
$515k
Comparable Approach
Comparable
$546k
Blend (final)
Blend
$600k
Owner & transaction history
The Deen Center INC
The Deen Center INC
since 2025
4 recorded transactions
Zoning & alternative use
PD · Valrico, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$700,000
+23.3%
Medical building
$665,000
+17.6%
Neighborhood: shopping center
$655,000
+15.8%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$560,000
6.5%
$515,000
7%
$480,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
OFFICE BUILDING
$700,000
Change: +23% · Conversion: Easy
MEDICAL BUILDING
$665,000
Change: +18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$655,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$585,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$510,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$223 / 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
$9,033
Tax year 2023
Assessed value
$599,998
Assessed 2023
Previous assessed
$599,998
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$599,998
Land market value
$599,998
Total market value
$599,998
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
1948
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
2,694 SF
Lot
1.32 ac (57,499 SF)
Zoning code
PD
APN
U192921ZZZ000004073100
UPID
US18-3292005
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$565,000
OFFICE BUILDING
Est. value
$700,000
MEDICAL BUILDING
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$655,000
RETAIL STORES
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$510,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1948
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.32 ac
Current owner
From public records · entity-resolved
The Deen Center INC
Entity
Free & Clear · 0 yrs held
Mailing address
2465 N MCMULLEN BOOTH RD, CLEARWATER, FL 33759-1368
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
$650,000
The Deen Center INC
Baranfar Corp
Special Warranty Deed
—
Mar 26, 2007
$825,000
Baranfar Corp
Rgg Properties LLC
Warranty Deed
$412,500 · Rgg Properties LLC
Mar 26, 2007
—
Baranfar Corp
Phi International INC
Grant Deed
related
—
Apr 8, 2004
$675,000
Rgg Properties LLC
Vassanapradit,sompong
Grant Deed
$120,032 · James R Bargo Trustee
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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