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Property profile & analytics
FOR SALE
Retail space
38421 5Th Ave Zephyrhills, FL 33542
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0366151
For Sale
1 / 2
$1,135,000
38421 5Th Ave, Zephyrhills, FL 33542
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Total area
8,220 SF
Lot
0.54 ac (23,625 SF)
Zoning code
00SD
APN
11-26-21-0010-15300-0130
UPID
US19-0366151
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
-
Zephyrhills Mural Resort
-
FOE EAGLES 3752 Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.14M
Owner & transaction history
Fraternal Order Of Eagles Zephyrhil · 6 yrs held
Fraternal Order Of Eagles Zephyrhil
since 2019
4 recorded transactions
Zoning & alternative use
00SD · Zephyrhills, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+29.8%
Commercial (general)
$1.4M
+5.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,345,000
6.5%
$1,240,000
7%
$1,155,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,330,000
Current use
MEDICAL BUILDING
$1,730,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,405,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$1,215,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$1,140,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$138 / 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
$10,792
Tax year 2023
Assessed value
$529,857
Assessed 2023
Previous assessed
$529,192
+0.1% YoY
Effective rate
2.04%
On assessed value
Assessed land
$64,470
Assessed improvement
$465,387
Land market value
$64,470
Improvement market value
$465,387
Total market value
$529,857
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
For Sale
Year built
1973
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
94
Bathrooms
4
Total area
8,220 SF
Lot
0.54 ac (23,625 SF)
Zoning code
00SD
APN
11-26-21-0010-15300-0130
UPID
US19-0366151
Jurisdiction
PASCO
Zoning & alternative use
00SD · Zephyrhills, FL
Zoning 00SD · permitted uses
00SD · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
94
Bathrooms
4
Lot
0.54 ac
Current owner
From public records · entity-resolved
Fraternal Order Of Eagles Zephyrhil
Individual
Mailing address
38421 5TH AVE, ZEPHYRHILLS, FL 33542-4328
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2019
$585,000
Fraternal Order Of Eagles Zephyrhil
Tak Properties LLC
Warranty Deed
$800,000 · Suntrust Bank
Feb 20, 2009
$550,000
Tak Properties LLC
First States Investors Trs
Grant Deed
$412,500 · Florida Traditions Bank
Apr 9, 2008
—
States Investors Trs First
American Financial Trs INC
Grant Deed
related
$75,000,000 · Gramercy Investment Trust (tr)
May 29, 2007
$1,310,000
American Financial Trs INC
Wachovia Bank NA
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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