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Property profile & analytics
OFF-MARKET
Commercial land
34838 State Rd 54 Zephyrhills, FL 33541-2128
Entity Owned
7-yr Hold
Free & Clear
Property ID
US18-0921101
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1997
Total area
2,128 SF
Lot
3.95 ac (172,178 SF)
Zoning code
00C2
APN
18-26-21-0010-06500-0000
UPID
US18-0921101
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
-
Dollar General Discount Store
-
Amerigas Propane Exchange Propane Supplier
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
New Walk Church INC · 7 yrs held
New Walk Church INC
since 2019
7 recorded transactions
Zoning & alternative use
00C2 · Zephyrhills, 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 Zephyrhills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zephyrhills 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,412
Tax year 2023
Assessed value
$399,932
Assessed 2023
Previous assessed
$247,117
+61.8% YoY
Effective rate
1.35%
On assessed value
Assessed land
$399,932
Land market value
$399,932
Total market value
$399,932
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Stories
1
Bathrooms
2
Total area
2,128 SF
Lot
3.95 ac (172,178 SF)
Zoning code
00C2
APN
18-26-21-0010-06500-0000
UPID
US18-0921101
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Zephyrhills, FL
Zoning 00C2 · permitted uses
00C2 · Zephyrhills, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zephyrhills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Stories
1
Bathrooms
2
Lot
3.95 ac
Current owner
From public records · entity-resolved
New Walk Church INC
Entity
Free & Clear · 7 yrs held
Mailing address
35008 STATE RD 54, ZEPHYRHILLS, FL 33541-2150
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2020
—
New Walk Church INC
—
Deed
related
$1,300,000 · General Baptist Inv Fund
Apr 22, 2019
$874,000
New Walk Church INC
Belly Wadding LLC
Warranty Deed
—
Sep 7, 2016
$2,000,000
Dgzephyrhills LLC
Palmetto Zephyrhills-sr 54 LLC
Warranty Deed
$1,500,000 · New Buffalo Svgs Bk
Jan 29, 2016
$375,000
Palmetto Zephyrhills-sr 54 LLC
Belly Wadding LLC
Warranty Deed
$1,478,842 · Thomasville Nat'l Bk
Jan 6, 2015
$277,000
Belly Wadding LLC
Sunsouth Bk
Grant Deed
$554,000 · Farm Credit Svcs
Mar 6, 2012
$503,257
Sunsouth Bk
Jrc Investments INC
Warranty Deed
—
Jun 1, 2005
$601,356
Stack & Store Of Florida INC
Jrc Investments INC
Warranty Deed
$1,000,000 · Amsouth Bank
Dec 26, 2002
$550,000
Jrc Investments INC
South Atlantic Homes INC
Grant Deed
$428,750 · Southtrust Bank NA
Jun 27, 1997
$450,000
Atlantic Manufactured South
Pierce,charles L & Rosella A
Grant Deed
$440,000 · Southtrust Bank NA
—
—
Jrc Investments INC
—
Deed Of Trust
related
$150,000 · Sunsouth Bank
—
—
New Walk Church INC
—
Deed Of Trust
related
$1,300,000 · General Baptist Inv Fund
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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