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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Office buildings
2920 Lithia Pinecrest Rd Valrico, FL 33596-5627
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US18-2869245
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,344 SF
Lot
0.87 ac (37,798 SF)
Zoning code
PD
APN
U063021ZZZ000004279601
UPID
US18-2869245
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
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Riverview Oral Surgery LLC · 7 yrs held
Riverview Oral Surgery LLC
since 2018
7 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,390,000
Current use
MEDICAL BUILDING
$1,325,000
Change: -5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,305,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$1,165,000
Change: -16% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,125,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$176 / 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
$16,840
Tax year 2023
Assessed value
$908,300
Assessed 2023
Previous assessed
$816,800
+11.2% YoY
Effective rate
1.85%
On assessed value
Assessed land
$132,293
Assessed improvement
$776,007
Land market value
$132,293
Improvement market value
$776,007
Total market value
$908,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
4
Total area
5,344 SF
Lot
0.87 ac (37,798 SF)
Zoning code
PD
APN
U063021ZZZ000004279601
UPID
US18-2869245
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Valrico, FLZoning PD · permitted uses
PD · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
4
Lot
0.87 ac
Current owner
From public records · entity-resolved
Riverview Oral Surgery LLC
Entity
Mailing address
5115 N SEMINOLE AVE, TAMPA, FL 33603-2203
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2019
—
Riverviw Oral Surgery LLC
—
Deed
related
$945,750 · Cadence Bk NA
Mar 1, 2019
—
Riverview Oral Surgery LLC
—
Deed
related
$945,750 · Cadence Bk NA
Nov 20, 2018
$750,000
Riverview Oral Surgery LLC
Ck Holdings Of Tampa LLC
Warranty Deed
$898,750 · Cadence Bank NA
Oct 2, 2012
—
Ck Holdings Of Tampa LLC
—
Trustees Deed
related
$300,000 · Pnc Bank
Oct 26, 2011
$95,000
Ck Holdings Of Tampa LLC
Southern Heritage Neighborhood
Warranty Deed
—
May 22, 2009
—
Southern Heritage Neighborhood
Owhadi,michael
Quit Claim Deed
related
$5,000,000 · Suntrust Bank NA
Apr 13, 2007
—
Michael Owhadi
Southern Heritage Neighborhood
Quit Claim Deed
related
—
Sep 23, 2005
$130,700
Southern Heritage Neighborhood
Stmark United Church
Warranty Deed
—
—
—
Riverview Oral Surgery LLC
—
Loan Modification
related
$945,750 · Cadence Bk NA
—
—
Riverviw Oral Surgery LLC
—
Loan Modification
related
$945,750 · Cadence Bk NA
—
—
Southern Heritage Neighborhood
—
Deed Of Trust
related
$495,623 · Suntrust Bank NA
—
—
Ck Holdings Of Tampa LLC
—
Deed Of Trust
related
$240,000 · Pnc Bank
—
—
Ck Holdings Of Tampa LLC
—
Deed Of Trust
related
$300,000 · Pnc Bank
—
—
Ck Holdings Of Tampa LLC
—
Loan Modification
related
$247,000 · Pnc Bank
—
—
Southern Heritage Neighborhood
—
Deed Of Trust
related
$376,370 · Suntrust Bank NA
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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