Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
120,040 SF
Lot
84.84 ac (3,695,641 SF)
Zoning code
IPD-3
APN
U3129202HQ000000C00000
UPID
US18-3356057
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.17M
Comparable Approach
Comparable
$28.75M
Blend (final)
Blend
$30.48M
Owner & transaction history
since 2025
Last sale
$32.0M
1 recorded transaction
Zoning & alternative use
IPD-3 · Riverview, FL
Top alternative use upside
Apartment house (5+ units)
$42.4M
+56.7%
Medical building
$29.7M
+10.0%
Neighborhood: shopping center
$29.3M
+8.4%
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$30.48M
Value range
$27.43M – $33.53M
±10% around blend
Estimated value / SF
$254 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$27.43M
blend $30.48M
$33.53M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
120,040 SF
Lot area
84.84 ac
Year built
1998
Stories
3
APN
U3129202HQ000000C00000
Zoning
IPD-3
Assessed value
$66,424,600
Annual tax
$1,146,950
3
Income approach: direct capitalization
Partial preview
Income approach indication
$29.17M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$31.60M
@ 6.5% CAP return
$29.17M
@ 7% CAP return
$27.08M
4
Sales comparison
Partial preview
Sales approach indication
$28.75M
Range $10.49M – $28.75M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$30.48M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 18 sales
$225
+13%
Submarket 29 sales
$247
+3%
County 1027 sales
$260
-2%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $254/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+57%
vs current-use indication
Medical Building
Neighborhood: Shopping Center
Office Building · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
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
Not available
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$32.00M
Move the market yield to see immediate price impact.
Value / SF
$267
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
5.00%7.00%9.00%
$2.02M
$40.32M
$28.80M
$22.40M
$2.24M
$44.80M
$32.00M
$24.89M
$2.46M
$49.28M
$35.20M
$27.38M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,146,950
Tax year 2023
Assessed value
$66,424,600
Assessed 2023
Previous assessed
$66,424,600
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$15,179,407
Assessed improvement
$51,245,193
Land market value
$15,179,407
Improvement market value
$51,245,193
Total market value
$66,424,600
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
3
Units
1
Rooms
300
Total area
120,040 SF
Lot
84.84 ac (3,695,641 SF)
Zoning code
IPD-3
APN
U3129202HQ000000C00000
UPID
US18-3356057
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
IPD-3 · Riverview, FLZoning IPD-3 · permitted uses
IPD-3 · Riverview, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
4
Units
1
Rooms
300
Lot
84.84 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IPD-3
Jurisdiction
Riverview, FL
Recorded code
IPD-3
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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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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