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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Retail space
34120 State Rd 54 Wesley Chapel, FL 33543-9118
Individually Owned
~
Est. High Equity
Property ID
US18-3380503
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
3,150 SF
Lot
0.72 ac (31,474 SF)
Zoning code
00C2
APN
18-26-21-0000-01700-0030
UPID
US18-3380503
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
$625k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
Sdp Florida 1
Sdp Florida 1
since 2025
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
00C2 · Wesley Chapel, 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 Wesley Chapel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wesley Chapel 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
$640,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $750k (Jun 7 2021)
Last sale anchor
$750k
Jun 7 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
$219 / 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
$6,843
Tax year 2023
Assessed value
$417,787
Assessed 2023
Previous assessed
$327,922
+27.4% YoY
Effective rate
1.64%
On assessed value
Assessed land
$249,398
Assessed improvement
$168,389
Land market value
$249,398
Improvement market value
$168,389
Total market value
$417,787
Applied tax rate
3,600.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1977
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
3150
Bathrooms
2
Total area
3,150 SF
Lot
0.72 ac (31,474 SF)
Zoning code
00C2
APN
18-26-21-0000-01700-0030
UPID
US18-3380503
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Wesley Chapel, FL
Zoning 00C2 · permitted uses
00C2 · Wesley Chapel, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wesley Chapel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
3150
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Sdp Florida 1
Individual
Mailing address
10601 BRANCHTON CHURCH RD, THONOTOSASSA, FL 33592-2211
Ownership since
2025
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
Jul 23, 2025
$1,330,000
Sdp Florida 1
Mohamad Iqbal Saleh & Magda Elkadi
Special Warranty Deed
$2,450,000 · Fnb Oxford Bank
Jun 7, 2021
$750,000
Mohamad Iqbal Saleh
Rdpd LLC
Warranty Deed
—
Feb 11, 2019
—
Rdpd LLC
—
Deed
related
—
Dec 28, 2017
$357,500
Rdpd LLC
Lawrence A Kieper
Warranty Deed
$285,600 · First National Bank Of Pasco
Jun 24, 2015
—
State Of Florida Dept & Transportat
Kieper Lawrence A & Patricia C
Warranty Deed
—
Jun 25, 2009
—
Lawrence A Kieper
Kieper,lawrence A & Patricia C
Quit Claim Deed
related
—
Jul 2, 1997
$250,000
Lawrence A Kieper
Geiger,donald H
Grant Deed
$200,000 · Suntrust Bank Nature Coast
—
—
Rdpd LLC
—
Loan Modification
related
—
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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