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Property profile & analytics
FOR SALE
Investment properties
36345 State Road 54, Zephyrhills, FL 33541
Individually Owned
1-yr Hold
Free & Clear
Property ID
US18-5433881
For Sale
1 / 4
$675,000
36345 State Road 54, Zephyrhills, FL 33541
View Listing →
Property summary
AI-generated overview
High-traffic location, versatile C2 zoning.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1962
Total area
1,024 SF
Lot
0.65 ac (28,457 SF)
Zoning code
00C2
APN
09-26-21-0010-12400-0020
UPID
US18-5433881
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kevin L Ryman · 1 yrs held
Kevin L Ryman
since 2025
Last sale
$387,500
6 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
$7,231
Tax year 2023
Assessed value
$416,480
Assessed 2023
Previous assessed
$383,011
+8.7% YoY
Effective rate
1.74%
On assessed value
Assessed land
$131,940
Assessed improvement
$284,540
Land market value
$131,940
Improvement market value
$284,540
Total market value
$416,480
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1962
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
48
Bathrooms
1
Total area
1,024 SF
Lot
0.65 ac (28,457 SF)
Zoning code
00C2
APN
09-26-21-0010-12400-0020
UPID
US18-5433881
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
1962
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
48
Bathrooms
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Kevin L Ryman
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 7512, WESLEY CHAPEL, FL 33545-0109
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2025
$387,500
Kevin L Ryman
Royalty Lawn & Landscaping INC
Warranty Deed
—
Sep 2, 2021
$367,500
Royalty Lawn & Landscaping INC
Muhammad S Abrahani
Special Warranty Deed
$309,952 · Synovus Bank
Mar 18, 2014
—
Abrahani,muhammad S Living Trust
Abrahani,muhammad S
Quit Claim Deed
related
—
Mar 8, 2004
$135,000
Muhammad S Abrahani
Smith,patricia J
Grant Deed
—
Apr 17, 1997
$79,000
Lloyd H Smith
Beaty,paul
Grant Deed
$70,000 · Seller
—
—
Patricia J Smith
—
Deed Of Trust
related
$80,624 · Irwin Mortgage Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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