New search
Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Retail residential properties
3102 State Rd 60 Valrico, FL 33594-3419
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-4643770
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,000 SF
Lot
3.35 ac (146,013 SF)
Zoning code
CG
APN
U202921ZZZ000004086900
UPID
US18-4643770
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
$765k
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$885k
Owner & transaction history
Nrg Investments INC
Nrg Investments INC
4 recorded transactions
Zoning & alternative use
CG · Valrico, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+23.3%
Medical building
$990,000
+17.6%
Neighborhood: shopping center
$975,000
+15.8%
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%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$840,000
Current use
OFFICE BUILDING
$1,040,000
Change: +23% · Conversion: Easy
MEDICAL BUILDING
$990,000
Change: +18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$975,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$870,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$755,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$221 / 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
$46,403
Tax year 2023
Assessed value
$2,672,331
Assessed 2023
Previous assessed
$2,323,945
+15.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$1,446,974
Assessed improvement
$1,225,357
Land market value
$1,446,974
Improvement market value
$1,225,357
Total market value
$2,672,331
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Units
1
Rooms
10
Total area
4,000 SF
Lot
3.35 ac (146,013 SF)
Zoning code
CG
APN
U202921ZZZ000004086900
UPID
US18-4643770
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Valrico, FL
Zoning CG · permitted uses
CG · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valrico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$840,000
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$990,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$975,000
RETAIL STORES
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$755,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
1
Rooms
10
Lot
3.35 ac
Current owner
From public records · entity-resolved
Nrg Investments INC
Entity
Mailing address
1706 S KINGSWAY RD, SEFFNER, FL 33584-5348
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
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
—
—
Nrg Investments INC
—
Deed Of Trust
related
$364,503 · Valrico State Bank
—
—
Nrg Investments INC
—
Deed Of Trust
related
$775,000 · Valrico State Bank
—
—
Nrg Investments INC
—
Deed Of Trust
related
$364,503 · Valrico State Bank
—
—
Nrg Investments INC
—
Deed Of Trust
related
$250,000 · Valrico State 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 3102 State Rd 60?
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.
