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Property profile & analytics
OFF-MARKET
Office buildings
38145 5th Ave, Zephyrhills, FL 33542-4974
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-9233716
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Total area
988 SF
Lot
0.19 ac (8,400 SF)
Zoning code
0TMU
APN
11-26-21-0010-15700-0090
UPID
US18-9233716
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
Patrick Thomas · 2 yrs held
Patrick Thomas
since 2024
Last sale
$239,000
7 recorded transactions
Zoning & alternative use
0TMU · 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
$1,769
Tax year 2023
Assessed value
$100,130
Assessed 2023
Previous assessed
$95,560
+4.8% YoY
Effective rate
1.77%
On assessed value
Assessed land
$23,618
Assessed improvement
$76,512
Land market value
$23,618
Improvement market value
$76,512
Total market value
$100,130
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
96
Bathrooms
0
Total area
988 SF
Lot
0.19 ac (8,400 SF)
Zoning code
0TMU
APN
11-26-21-0010-15700-0090
UPID
US18-9233716
Jurisdiction
PASCO
Zoning & alternative use
0TMU · Zephyrhills, FL
Zoning 0TMU · permitted uses
0TMU · 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
96
Bathrooms
0
Lot
0.19 ac
Current owner
From public records · entity-resolved
Patrick Thomas
Individual
Mailing address
38145 5TH AVE, ZEPHYRHILLS, FL 33542-4974
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$239,000
Patrick Thomas
Zachary T Rudolph
Warranty Deed
$227,050 · United Wholesale Mortgage
Oct 9, 2020
$165,000
Zachary T Rudolph
In God We Trust Investment Prop LLC
Warranty Deed
$132,000 · Synovus Bank
Mar 2, 2020
$90,000
In God We Trust Invs Prop LLC
Blanca Paredes
Warranty Deed
$117,000 · Service Drywall INC
Aug 27, 2018
—
Blanca M Paredes
Rosa,robert
Quit Claim Deed
related
—
Apr 9, 2008
—
Robert A Rosa
Paredes,blanca M
Quit Claim Deed
related
—
Dec 20, 2004
$50,000
Robert A Rosa
Rosa,blanca A
Quit Claim Deed
related
—
Oct 29, 2002
$63,000
Robert A Rosa
Henson,john E & Susan A
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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