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Property profile & analytics
OFF-MARKET
Retail space
38329 5th Ave, Zephyrhills, FL 33542-4978
Individually Owned
9-yr Hold
Free & Clear
Property ID
US18-1909736
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
1,116 SF
Lot
0.16 ac (7,000 SF)
Zoning code
FBC5
APN
11-26-21-0010-15400-0150
UPID
US18-1909736
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
-
Orwin Restoration & Construction, Inc. Construction Company
-
The Lash Studio LLC Hair Salon Nail Salon
-
The Frozen Spoon Grocery & Convenience Store Specialty Food Shop
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
Orwin Restoration & Construction In · 9 yrs held
Orwin Restoration & Construction In
since 2016
6 recorded transactions
Zoning & alternative use
FBC5 · 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
$1,602
Tax year 2023
Assessed value
$73,116
Assessed 2023
Previous assessed
$72,836
+0.4% YoY
Effective rate
2.19%
On assessed value
Assessed land
$11,200
Assessed improvement
$61,916
Land market value
$11,200
Improvement market value
$61,916
Total market value
$73,116
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
324
Bathrooms
2
Total area
1,116 SF
Lot
0.16 ac (7,000 SF)
Zoning code
FBC5
APN
11-26-21-0010-15400-0150
UPID
US18-1909736
Jurisdiction
PASCO
Zoning & alternative use
FBC5 · Zephyrhills, FL
Zoning FBC5 · permitted uses
FBC5 · 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
1949
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
324
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Orwin Restoration & Construction In
Individual
Free & Clear · 9 yrs held
Mailing address
38325 5TH AVE, ZEPHYRHILLS, FL 33542-4978
Ownership since
2016
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
Feb 21, 2019
—
Orwin Restoration & Const INC
—
Deed
related
$60,695 · Simpson Farms INC
Nov 17, 2016
$150,000
Orwin Restoration & Construction In
Simpson Farms INC
Special Warranty Deed
—
Aug 30, 2013
$112,500
Simpson Farms INC
Robert J Arnold
Warranty Deed
$250,000 · Farm Credit Of Central Florida Aca
Dec 6, 2001
$100,000
Robert J Arnold
Zephyr Tax INC
Grant Deed
$95,000 · Zephyr Tax INC
—
—
Orwin Restoration & Const INC
—
Loan Modification
related
$60,695 · Simpson Farms INC
—
—
Simpson Farms INC
—
Loan Modification
related
$9,000,000 · Farm Credit Service
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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