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Property profile & analytics
OFF-MARKET
Estimated value
$5,195,000
Hotels
2702 Thonotosassa Rd Plant City, FL 33563-1409
Entity Owned
11-yr Hold
Free & Clear
Property ID
US18-7407820
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2016
Construction
WOOD
Total area
51,105 SF
Lot
1.66 ac (72,112 SF)
Zoning code
C-1A
APN
P192822ZZZ000006000400
UPID
US18-7407820
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
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Hampton Inn Plant City Hotel & Motel
-
Wooden Spoon Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.04M
Comparable Approach
Comparable
$3.92M
Blend (final)
Blend
$5.20M
Owner & transaction history
Henderson Properties LLC · 11 yrs held
Henderson Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
C-1A · 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%
$5,460,000
6.5%
$5,040,000
7%
$4,680,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,665,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$5.20M
Range $4.68M – $5.71M · ±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
$102 / 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
$125,921
Tax year 2023
Assessed value
$7,525,300
Assessed 2023
Previous assessed
$6,794,200
+10.8% YoY
Effective rate
1.67%
On assessed value
Assessed land
$339,892
Assessed improvement
$7,185,408
Land market value
$339,892
Improvement market value
$7,185,408
Total market value
$7,525,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Units
89
Total area
51,105 SF
Lot
1.66 ac (72,112 SF)
Zoning code
C-1A
APN
P192822ZZZ000006000400
UPID
US18-7407820
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1A · Plant City, FL
Zoning C-1A · permitted uses
C-1A · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$7.7M
RETAIL STORES
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
2016
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
89
Lot
1.66 ac
Current owner
From public records · entity-resolved
Henderson Properties LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 2955, LAKELAND, FL 33806-2955
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2018
—
Henderson Properties LLC
—
Deed
related
$5,838,840 · Florida First Cap Fin
Jan 4, 2018
—
Henderson Properties LLC
—
Loan Modification
related
$5,838,840 · Sunshine Bk
Jan 29, 2015
$300,000
Henderson Properties LLC
Jai Santoshi Ma Lc
Warranty Deed
—
Dec 16, 2014
—
Jai Santoshi Lc
—
Trustees Deed
related
$56,432 · Henderson Properties LLC
Jul 29, 2005
$56,300
Jai Santoshi Lc
Register,amanda E
Warranty Deed
—
Jul 29, 2005
$225,000
Jai Santoshi Lc
Hartnett Richard J Trust
Warranty Deed
—
—
—
Judy Griffin
—
Deed Of Trust
related
$300,000 · Phh Us Mortgage
—
—
Henderson Properties LLC
—
Loan Modification
related
$3,503,301 · Sunshine Bk
—
—
Henderson Properties LLC
—
Deed Of Trust
related
$5,838,840 · Florida First Cap Fin
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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