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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Medical Office Space
2914 Lithia Pinecrest Rd Valrico, FL 33596-5627
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US19-0432452
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,290 SF
Lot
6.89 ac (300,128 SF)
Zoning code
ASC-1
APN
U063021ZZZ000004279600
UPID
US19-0432452
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
$1.32M
Comparable Approach
Comparable
$699k
Blend (final)
Blend
$1.03M
Owner & transaction history
David L Thomassy Dvm Pa · 15 yrs held
David L Thomassy Dvm Pa
since 2010
4 recorded transactions
Zoning & alternative use
ASC-1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$110 / 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
$22,563
Tax year 2023
Assessed value
$1,318,300
Assessed 2023
Previous assessed
$1,193,000
+10.5% YoY
Effective rate
1.71%
On assessed value
Assessed land
$204,493
Assessed improvement
$1,113,807
Land market value
$204,493
Improvement market value
$1,113,807
Total market value
$1,318,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
9,290 SF
Lot
6.89 ac (300,128 SF)
Zoning code
ASC-1
APN
U063021ZZZ000004279600
UPID
US19-0432452
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
ASC-1 · Valrico, FLZoning ASC-1 · permitted uses
ASC-1 · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
6.89 ac
Current owner
From public records · entity-resolved
David L Thomassy Dvm Pa
Individual
Mailing address
14902 FISHHAWK BLVD, LITHIA, FL 33547
Ownership since
2010
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
Dec 30, 2010
$575,000
David L Thomassy Dvm Pa
Local Ch Ministries Bldg & Ln Fu
Warranty Deed
$941,135 · Bank Of Tampa
Aug 17, 2010
$328,000
Local Ch Ministries Bldg
Stmark United Ch United Ch Of Chr
Deed In Lieu Of Foreclosure
—
—
—
David L Thomassy
—
Deed Of Trust
related
$941,135 · Bank Of Tampa
—
—
St Mark United Ch Of Christ
—
Deed Of Trust
related
$142,647 · Local Church Ministries
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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