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Property profile & analytics
OFF-MARKET
Estimated value
$10,350,000
Specialty properties
37400 Chancey Rd Zephyrhills, FL 33541-6662
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5542178
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1990
Total area
4,779 SF
Lot
18 ac (784,040 SF)
Zoning code
00AR
APN
22-26-21-0000-01200-0020
UPID
US18-5542178
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
-
Landing RV Resort Campground & RV Park
-
Bay Auto Glass LLC Auto Repair Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.35M
Owner & transaction history
II Lrv LLC · 4 yrs held
II Lrv LLC
since 2021
Last sale
$13.0M
3 recorded transactions
Zoning & alternative use
00AR · Zephyrhills, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.0M
+74.5%
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
Method
Estimation
Statistic approach
$11,050,000
ML approach
$8,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$6,850,000
Current use
RETAIL STORES
$11,950,000
Change: +75% · Conversion: Difficult
Blend value · Realmo final
$10.35M
Range $9.32M – $11.39M · ±10% · vs last sale $13.00M (Dec 7 2021)
Last sale anchor
$13.00M
Dec 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
$2,166 / 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
$132,909
Tax year 2023
Assessed value
$7,389,872
Assessed 2023
Previous assessed
$7,385,767
+0.1% YoY
Effective rate
1.80%
On assessed value
Assessed land
$7,155,000
Assessed improvement
$234,872
Land market value
$7,155,000
Improvement market value
$234,872
Total market value
$7,389,872
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
270
Bathrooms
4
Total area
4,779 SF
Lot
18 ac (784,040 SF)
Zoning code
00AR
APN
22-26-21-0000-01200-0020
UPID
US18-5542178
Jurisdiction
PASCO
Zoning & alternative use
00AR · Zephyrhills, FLZoning 00AR · permitted uses
00AR · Zephyrhills, 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
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$6.9M
RETAIL STORES
Est. value
$12.0M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
RETAIL STORES
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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
270
Bathrooms
4
Lot
18 ac
Current owner
From public records · entity-resolved
II Lrv LLC
Entity
Mailing address
17TH 22ND ST STE #220, OAKBROOK TERRACE, IL 60181-4477
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$13,000,000
II Lrv LLC
Landing Resort LLC
Special Warranty Deed
$8,400,000 · Ladder Capital Finance LLC
Sep 16, 2020
—
Landing Resort LLC
—
Deed
related
$4,758,000 · Liberty Bankers Life Insurance
Sep 22, 2017
$5,580,000
Landing Resort LLC
James Lamar White
Warranty Deed
$3,575,000 · Sunshine Bank
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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