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Property profile & analytics
OFF-MARKET
Estimated value
$5,250,000
Drug stores
3405 Lithia Pinecrest Rd Valrico, FL 33596-6302
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-2860057
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,283 SF
Lot
2.24 ac (97,367 SF)
Zoning code
CN
APN
U073021ZZZ000004292500
UPID
US18-2860057
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
$5.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$5.25M
Owner & transaction history
Project Saturn Fund V LLC · 4 yrs held
Project Saturn Fund V LLC
since 2021
Last sale
$5.2M
2 recorded transactions
Zoning & alternative use
CN · Valrico, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+123.2%
Apartment house (5+ units)
$5.4M
+61.9%
Office building
$4.0M
+19.2%
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
$5,305,000
ML approach
$5,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,330,000
Current use
RESTAURANT
$7,430,000
Change: +123% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,390,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$3,970,000
Change: +19% · Conversion: Easy
MEDICAL BUILDING
$3,785,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,730,000
Change: +12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,220,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$5.25M
Range $4.73M – $5.78M · ±10% · vs last sale $5.18M (Sep 17 2021)
Last sale anchor
$5.18M
Sep 17 2021
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
$344 / 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
$57,051
Tax year 2023
Assessed value
$3,125,400
Assessed 2023
Previous assessed
$3,125,400
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$1,645,502
Assessed improvement
$1,479,898
Land market value
$1,645,502
Improvement market value
$1,479,898
Total market value
$3,125,400
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
12
Total area
15,283 SF
Lot
2.24 ac (97,367 SF)
Zoning code
CN
APN
U073021ZZZ000004292500
UPID
US18-2860057
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CN · Valrico, FLZoning CN · permitted uses
CN · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.3M
RESTAURANT
Est. value
$7.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
OFFICE BUILDING
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.2M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
12
Lot
2.24 ac
Current owner
From public records · entity-resolved
Project Saturn Fund V LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2021
$5,175,000
Project Saturn Fund V LLC
Waiagreen Co
Special Warranty Deed
—
Aug 16, 2002
$1,685,000
Walgreen Co
J & S Brandon Ltd
Grant 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.
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