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Property profile & analytics
OFF-MARKET
Estimated value
$220,000
Office buildings
38511 5th Ave Zephyrhills, FL 33542-4330
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4001198
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1954
Total area
1,872 SF
Lot
0.08 ac (3,500 SF)
Zoning code
TCBH
APN
11-26-21-0010-15200-0160
UPID
US18-4001198
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
-
Florida Manufactured Home Insurors, Inc. Insurance Agency
-
Lee Reed Insurance Insurance Agency
-
Greene Kimberly Insurance Agency
-
Miller Andrew Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$215k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$220k
Owner & transaction history
Andrew J Miller · 2 yrs held
Andrew J Miller
since 2023
Last sale
$150,000
5 recorded transactions
Zoning & alternative use
TCBH · 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
Method
Estimation
Statistic approach
$250,000
ML approach
$215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$220k
Range $198k – $242k · ±10% · vs last sale $150k (Oct 6 2023)
Last sale anchor
$150k
Oct 6 2023
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
$118 / 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
$2,423
Tax year 2023
Assessed value
$105,915
Assessed 2023
Previous assessed
$105,915
+0.0% YoY
Effective rate
2.29%
On assessed value
Assessed land
$18,935
Assessed improvement
$86,980
Land market value
$18,935
Improvement market value
$86,980
Total market value
$105,915
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
1954
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
400
Bathrooms
1
Total area
1,872 SF
Lot
0.08 ac (3,500 SF)
Zoning code
TCBH
APN
11-26-21-0010-15200-0160
UPID
US18-4001198
Jurisdiction
PASCO
Zoning & alternative use
TCBH · Zephyrhills, FLZoning TCBH · permitted uses
TCBH · Zephyrhills, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
400
Bathrooms
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Andrew J Miller
Individual
Free & Clear · 2 yrs held
Mailing address
13507 CARNOUSTIE CIR, DADE CITY, FL 33525-2708
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
—
Andrew J Miller
Andrew J Miller
Intrafamily Transfer
related
—
Jan 3, 2018
$150,000
Andrew J Miller
Surratt,sam W III & Linda S
Warranty Deed
$150,000 · Sam W III & Linda S Surratt
Apr 30, 2004
—
K T M Travel INC
Matteson,marvin
Quit Claim Deed
related
—
Jul 30, 1997
$165,000
Cynthia C E Dyck
Surratt,sam W & Linda S
Grant Deed
—
—
—
Marvin Matteson
—
Deed Of Trust
related
$180,000 · Huntington National 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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