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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Retail space
29807 State Rd 54 Wesley Chapel, FL 33543-4507
Individually Owned
17-yr Hold
Free & Clear
Property ID
US18-3068142
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
11,968 SF
Lot
2.63 ac (114,399 SF)
Zoning code
00C2
APN
08-26-20-0000-00300-0000
UPID
US18-3068142
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Robert J Williams · 17 yrs held
Robert J Williams
since 2008
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
00C2 · Wesley Chapel, 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 Wesley Chapel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wesley Chapel 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
$805,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $700k (Sep 17 2020)
Last sale anchor
$700k
Sep 17 2020
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
$65 / 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
$22,233
Tax year 2023
Assessed value
$1,224,268
Assessed 2023
Previous assessed
$1,161,627
+5.4% YoY
Effective rate
1.82%
On assessed value
Assessed land
$763,496
Assessed improvement
$460,772
Land market value
$763,496
Improvement market value
$460,772
Total market value
$1,224,268
Applied tax rate
3,600.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1850
Bathrooms
5
Total area
11,968 SF
Lot
2.63 ac (114,399 SF)
Zoning code
00C2
APN
08-26-20-0000-00300-0000
UPID
US18-3068142
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Wesley Chapel, FL
Zoning 00C2 · permitted uses
00C2 · Wesley Chapel, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wesley Chapel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1850
Bathrooms
5
Lot
2.63 ac
Current owner
From public records · entity-resolved
Robert J Williams
Individual
Free & Clear · 17 yrs held
Mailing address
PO BOX 7560, WESLEY CHAPEL, FL 33545-0110
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2008
—
Robert J Williams
Williams,robert J & Karen L
Quit Claim Deed
related
—
Dec 10, 2008
—
Wesley Chapel Busn Center LLC
Williams,robert J & Karen L
Warranty Deed
—
May 7, 2008
—
Robert J Williams
Williams R J & K L Trust
Quit Claim Deed
related
—
Apr 14, 2008
—
Robert J Williams
Williams R J & K L Trust
Quit Claim Deed
related
—
Feb 11, 2008
—
Robert J Williams
Williams,robert J & Karen L
Quit Claim Deed
related
—
Jun 16, 1997
$65,000
Robert J Williams
Yates,james W & Willa B
Grant Deed
related
—
—
—
Robert J Williams
—
Deed Of Trust
related
$200,000 · Suntrust Bank NA
—
—
Robert J Williams
—
Deed Of Trust
related
$50,000 · Centerstate Bank W Fl 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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