Individually Owned 
For Sale
1 / 25
$390,000
302 Collins St, Plant City, FL 33563
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Property summary
AI-generated overview
A stand-alone commercial building located in Plant City’s historical district, featuring a courtyard at the front entrance. The building has two bathrooms and two separate entrance doors, one at the front and one at the back. Exterior features include a grandfathered pylon sign and side advertising walls. Parking is provided with 10 spaces. The property has an HVAC system with a unit installed in 2023 and a roof replacement completed in 2024; it also includes a newer kitchen and updated signage.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,491 SF
Lot
0.1 ac (4,392 SF)
Zoning code
MD
APN
P2928225DF000003000002
UPID
US18-0271121
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Business Management Consultant
-
Event Planning Wedding Service
-
Gym & Fitness Center
-
Medical Clinic
-
Gym & Fitness Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$70k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$60k
Owner & transaction history
since 2025
Last sale
$84,700
7 recorded transactions
Zoning & alternative use
MD · Plant City, FL
Zoning description
The purpose of MD zone is to provide as a single unit, but it is not treated homogenously throughout instead, each street within the district is classified as one of three street types
General category
UNKNOWN
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.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$60k
Value range
$54k – $66k
±10% around blend
Estimated value / SF
$40 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
Income certainty
100
$54k
blend $60k
$66k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,491 SF
Lot area
0.1 ac
Year built
1964
Stories
1
APN
P2928225DF000003000002
Zoning
MD
Assessed value
$100,231
Annual tax
$1,651
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$1,651
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$324k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 1,620 SF
11.7 mi away · 1,720 SF
11.7 mi away · 1,720 SF
13.8 mi away · 1,734 SF
15.5 mi away · 1,886 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$60k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 29 sales
$150
-73%
County 333 sales
$218
-82%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $40/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
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
Market benchmark
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.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
3.02%
Selected cap rate for this retail space
Derived from the Plant City market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.02%
9.0%
NOI (est.)
$12k *
Last sale · Nov 2023
$85k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$390k
Move the market yield to see immediate price impact.
Value / SF
$262
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
2.52%3.02%3.52%
$11k
$421k
$351k
$301k
$12k
$468k
$390k
$335k
$13k
$515k
$429k
$368k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$400k
2.4 mi · Dec 2025 · $226/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,651
Tax year 2023
Assessed value
$100,231
Assessed 2023
Previous assessed
$87,472
+14.6% YoY
Effective rate
1.65%
On assessed value
Assessed land
$58,194
Assessed improvement
$42,037
Land market value
$58,194
Improvement market value
$42,037
Total market value
$100,231
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
1,491 SF
Lot
0.1 ac (4,392 SF)
Zoning code
MD
APN
P2928225DF000003000002
UPID
US18-0271121
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
MD · Plant City, FLZoning MD · permitted uses
MD · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of MD zone is to provide as a single unit, but it is not treated homogenously throughout instead, each street within the district is classified as one of three street types
General category
UNKNOWN
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
1
Lot
0.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MD
UNKNOWN
Jurisdiction
Plant City, FL
Recorded code
MD
Official district
MD
Official district profile
What the municipal code says about MD
Zoning description
The purpose of MD zone is to provide as a single unit, but it is not treated homogenously throughout instead, each street within the district is classified as one of three street types
General category
UNKNOWN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MD in Plant City, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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