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Property profile & analytics
OFF-MARKET
Estimated value
$305,000
Warehouses
37625 State Rd 54 Zephyrhills, FL 33542-5423
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4549418
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1978
Total area
4,750 SF
Lot
1.13 ac (49,300 SF)
Zoning code
00C2
APN
10-26-21-0010-12200-0051
UPID
US18-4549418
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
-
Premier Storage Too Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$305k
Owner & transaction history
South Terrace Plaza INC · 8 yrs held
South Terrace Plaza INC
since 2017
7 recorded transactions
Zoning & alternative use
00C2 · Zephyrhills, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$810,000
+23.5%
Retail stores
$770,000
+17.0%
Office building
$705,000
+6.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$660,000
Current use
COMMERCIAL (GENERAL)
$810,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +17% · Conversion: Moderate
OFFICE BUILDING
$705,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$305k
Range $275k – $336k · ±10%
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
$64 / 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
$6,916
Tax year 2023
Assessed value
$449,086
Assessed 2023
Previous assessed
$325,571
+37.9% YoY
Effective rate
1.54%
On assessed value
Assessed land
$220,525
Assessed improvement
$228,561
Land market value
$220,525
Improvement market value
$228,561
Total market value
$449,086
Applied tax rate
30.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
4000
Bathrooms
1
Total area
4,750 SF
Lot
1.13 ac (49,300 SF)
Zoning code
00C2
APN
10-26-21-0010-12200-0051
UPID
US18-4549418
Jurisdiction
PASCO
Zoning & alternative use
00C2 · Zephyrhills, FLZoning 00C2 · permitted uses
00C2 · 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
WAREHOUSE, STORAGE Current
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$810,000
RETAIL STORES
Est. value
$770,000
OFFICE BUILDING
Est. value
$705,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
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
1978
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
4000
Bathrooms
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
South Terrace Plaza INC
Entity
Mailing address
1003 W CLEVELAND ST, TAMPA, FL 33606-1913
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Oct 4, 2017
$412,500
South Terrace Plaza INC
Mrv Park Investors LLC
Warranty Deed
—
Dec 21, 2011
$160,000
Mrv Park Investors LLC
Kull,diane C
Grant Deed
—
Oct 13, 2011
$1,100
Kull Diane C Living Trust
Nault,leon R & Beatrice L Coc
Trustees Deed
related
—
Nov 13, 2000
$216,500
Leon R Nault
Kull,diane C
Grant Deed
$200,000 · Seller
—
—
Mrv Park Investors LLC
—
Deed Of Trust
related
$135,000 · Kull Diane C Living Trust (pt)
—
—
Mrv Park Investors LLC
—
Deed Of Trust
related
$300,000 · Sunshine Bk
—
—
Leon R Nault
—
Deed Of Trust
related
$174,100 · Anthony S & Francine B Alvarez
—
—
Leon R Nault
—
Deed Of Trust
related
$105,351 · Kull Diane C Living Trust (tr)
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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