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State Road 54, Zephyrhills, FL 33541
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Property summary
AI-generated overview
The property consists of 36.33 acres of commercial land in the Wesley Chapel area. The parcel is high and dry and provides direct frontage on State Road 54, with Interstate 75 located within approximately 2 miles. The land is designated for C-3 commercial development and is suitable for a range of uses such as hotel/motel, office, restaurant, and retail developments.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Total area
3,640 SF
Lot
1.71 ac (74,388 SF)
Zoning code
00C2
APN
07-26-20-0000-00200-0011
UPID
US18-5070336
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$540k
Blend (final)
Blend
$510k
Owner & transaction history
since 2026
5 recorded transactions
Zoning & alternative use
00C2 · Wesley Chapel, FL
Top alternative use upside
Commercial (general)
$820,000
+213.1%
Auto repair, garage
$595,000
+126.9%
Office building
$505,000
+92.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$510k
Value range
$459k – $561k
±10% around blend
Estimated value / SF
$140 / SF
Confidence
High
16 county-verified comps
Property data
100
Comparable evidence
100
$459k
blend $510k
$561k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,640 SF
Lot area
1.71 ac
Year built
1999
Stories
1
APN
07-26-20-0000-00200-0011
Zoning
00C2
Assessed value
$1,712,852
Annual tax
$28,650
3
Income approach: direct capitalization
Partial preview
Income approach indication
$620k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$675k
@ 6.5% CAP return
$620k
@ 7% CAP return
$580k
4
Sales comparison
Partial preview
Sales approach indication
$2.48M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.5 mi away · 2,904 SF
18.3 mi away · 3,520 SF
18.5 mi away · 3,078 SF
18.6 mi away · 4,460 SF
19.6 mi away · 2,652 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$510k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+213%
vs current-use indication
Auto Repair, Garage
Office Building
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.71M
Move the market yield to see immediate price impact.
Value / SF
$471
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$108k
$2.16M
$1.54M
$1.20M
$120k
$2.40M
$1.71M
$1.33M
$132k
$2.64M
$1.88M
$1.47M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$298k
16.6 mi · Dec 2025 · $110/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,650
Tax year 2023
Assessed value
$1,712,852
Assessed 2023
Previous assessed
$1,402,834
+22.1% YoY
Effective rate
1.67%
On assessed value
Assessed land
$1,190,218
Assessed improvement
$522,634
Land market value
$1,190,218
Improvement market value
$522,634
Total market value
$1,712,852
Applied tax rate
3,600.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
1999
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
6390
Bathrooms
2
Total area
3,640 SF
Lot
1.71 ac (74,388 SF)
Zoning code
00C2
APN
07-26-20-0000-00200-0011
UPID
US18-5070336
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Wesley Chapel, FLZoning 00C2 · permitted uses
00C2 · Wesley Chapel, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
6390
Bathrooms
2
Lot
1.71 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
00C2
Jurisdiction
Wesley Chapel, FL
Recorded code
00C2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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