Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Office buildings
304 Prosser Dr Plant City, FL 33563-6975
Individually Owned
7-yr Hold
Free & Clear
Property ID
US18-1392522
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,365 SF
Lot
3.12 ac (135,991 SF)
Zoning code
C-1A
APN
P3228229B9000001000010
UPID
US18-1392522
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
-
Advantage Academy of Hillsborough High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$375k
Comparable Approach
Comparable
$651k
Blend (final)
Blend
$515k
Owner & transaction history
Advantage Academy Of Hillsborough · 7 yrs held
Advantage Academy Of Hillsborough
since 2019
4 recorded transactions
Zoning & alternative use
C-1A · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of C-1A zone is to provide neighborhood business district, all uses shall be done within a completely enclosed building, business and professional offices including banks, real estate, insurance, accounting, law, architecture, planning, engineering, advertising, medical, dental, veterinary office or clinic, photographic or art studio or funeral h…
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
692.87 ac
Source
Realmo
Top alternative use upside
Medical building
$835,000
+77.9%
Neighborhood: shopping center
$820,000
+75.2%
Auto repair, garage
$635,000
+35.5%
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
$370,000
CAP Approach
CAP Return
Estimation
6%
$405,000
6.5%
$375,000
7%
$345,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$470,000
Current use
MEDICAL BUILDING
$835,000
Change: +78% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$635,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$505,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$380,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$153 / 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
Assessed value
$6,827,359
Assessed 2023
Previous assessed
$5,991,898
+13.9% YoY
Assessed land
$839,744
Assessed improvement
$5,987,615
Land market value
$839,744
Improvement market value
$5,987,615
Total market value
$6,827,359
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
10
Stories
1
Units
1
Total area
3,365 SF
Lot
3.12 ac (135,991 SF)
Zoning code
C-1A
APN
P3228229B9000001000010
UPID
US18-1392522
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1A · Plant City, FLZoning C-1A · permitted uses
C-1A · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of C-1A zone is to provide neighborhood business district, all uses shall be done within a completely enclosed building, business and professional offices including banks, real estate, insurance, accounting, law, architecture, planning, engineering, advertising, medical, dental, veterinary office or clinic, photographic or art studio or funeral homes
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
692.87 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$470,000
MEDICAL BUILDING
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$635,000
RETAIL STORES
Est. value
$505,000
COMMERCIAL (GENERAL)
Est. value
$380,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
10
Units
1
Lot
3.12 ac
Current owner
From public records · entity-resolved
Advantage Academy Of Hillsborough
Individual
Free & Clear · 7 yrs held
Mailing address
5471 N UNIVERSITY DR, CORAL SPRINGS, FL 33067-4634
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jul 1, 2019
$16,300,000
Advantage Academy Of Hillsborough
Charter Hc Mcintosh LLC
Grant Deed
—
Jul 1, 2019
$6,514,100
Advantage Academy Of Hillsborough I
Florida School Properties LLC
Special Warranty Deed
—
Apr 22, 2009
$1,475,000
Florida School Properties LLC
S & J Home Builders INC
Warranty Deed
$1,200,000 · Bank Of Tampa
Jun 14, 2005
$450,000
S & J Home Builders INC
Ccc Grove Co
Warranty Deed
—
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 Prosser Dr?
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.
