New search
Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Strip malls
304 Baker St, Plant City, FL 33563-3472
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US19-0432799
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,122 SF
Lot
0.45 ac (19,620 SF)
Zoning code
C-2
APN
P2928225CI000018000000
UPID
US19-0432799
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
Current use
Occupant on record · Public records
-
Shake It Up Nutrition Restaurant Cafe & Coffee Shop
-
The Startup Leads 🔝 Plant city Digital Marketing Agency Advertising Agency Marketing & Advertising
-
Lovemark Advanced Trading Big Box & Wholesale Store
-
UpLift Nutrition-Herbalife MLM Cafe & Coffee Shop
-
5 Kings Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
Llanes Properties LLC · 8 yrs held
Llanes Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-2 · Plant City, 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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant City 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%
$1,135,000
6.5%
$1,045,000
7%
$970,000
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$136 / 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
$10,091
Tax year 2023
Assessed value
$571,800
Assessed 2023
Previous assessed
$571,800
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$117,720
Assessed improvement
$454,080
Land market value
$117,720
Improvement market value
$454,080
Total market value
$571,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
3
Rooms
3
Total area
6,122 SF
Lot
0.45 ac (19,620 SF)
Zoning code
C-2
APN
P2928225CI000018000000
UPID
US19-0432799
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-2 · Plant City, FL
Zoning C-2 · permitted uses
C-2 · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
3
Rooms
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Llanes Properties LLC
Entity
Mailing address
304 E BAKER ST STE D, PLANT CITY, FL 33563-3472
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2021
—
Lianes Properties LLC
—
Deed
related
$400,000 · South State Bank National Association
Jan 25, 2018
$500,000
Llanes Properties LLC
Jeff Horne Corp
Warranty Deed
$450,000 · Jeff Horne Corp
May 3, 2016
$540,000
Jeff Horne Corp
Donna Jean Corp
Warranty Deed
—
Jan 24, 2005
$225,000
Donna Jean Corp
Merrin,joe A & Marlene J
Warranty Deed
$160,000 · Amsouth Bank
Jan 24, 2005
—
Joe A Merrin
Roderick,robert L & Doris L
Grant Deed
related
—
Jan 10, 2001
—
Joe A Merrin
Roderick,robert L & Doris L
Grant Deed
$78,059 · Seller
—
—
Joe A Merrin
—
Deed Of Trust
related
$7,209 · Individual
—
—
Joe A Merrin
—
Deed Of Trust
related
$26,125 · Colonial Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 304 Baker St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
