New search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Medical Office Space
4316 New Riv Hls Pkwy Valrico, FL 33596-8212
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0686989
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
WOOD
Total area
5,872 SF
Lot
1.78 ac (77,537 SF)
Zoning code
PD
APN
U16302136U000000000040
UPID
US19-0686989
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
$1.09M
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$581k
Blend (final)
Blend
$875k
Owner & transaction history
Lb Bridges Real Estate LLC · 6 yrs held
Lb Bridges Real Estate LLC
since 2020
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
PD · Valrico, 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 Valrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valrico 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
$1,060,000
ML approach
$1,085,000
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,455,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,430,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: -12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,235,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $850k (Apr 20 2020)
Last sale anchor
$850k
Apr 20 2020
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
$149 / 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
$18,525
Tax year 2023
Assessed value
$1,094,400
Assessed 2023
Previous assessed
$1,001,900
+9.2% YoY
Effective rate
1.69%
On assessed value
Assessed land
$532,609
Assessed improvement
$561,791
Land market value
$532,609
Improvement market value
$561,791
Total market value
$1,094,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
8
Rooms
8
Bathrooms
3
Total area
5,872 SF
Lot
1.78 ac (77,537 SF)
Zoning code
PD
APN
U16302136U000000000040
UPID
US19-0686989
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Valrico, FL
Zoning PD · permitted uses
PD · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valrico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1989
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
8
Rooms
8
Bathrooms
3
Lot
1.78 ac
Current owner
From public records · entity-resolved
Lb Bridges Real Estate LLC
Entity
Mailing address
5202 TROON PL, VALRICO, FL 33596-8262
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2020
$850,000
Lb Bridges Real Estate LLC
River Hills Prof Ctr LLC
Grant Deed
$850,000 · Bank Of America
Apr 20, 2020
—
River Hills Prof Ctr LLC
River Hills Prof Ctr LLC
Quit Claim Deed
related
—
Aug 19, 2003
$400,000
River Hills Professional Ctr
C & R Property Enterprises INC
Grant Deed
$275,000 · Valrico State Bank
Jul 10, 2002
$280,000
Lithia Land Group LLC
C & R Properties INC
Grant Deed
$118,000 · Gainesville Bank & Trust
—
—
River Hills Prof Center LLC
—
Deed Of Trust
related
$345,000 · Wachovia Bank NA
—
—
River Hills Prof Center LLC
—
Deed Of Trust
related
$550,000 · Barrington James D Trust (tr)
—
—
River Hills Prof Center LLC
—
Deed Of Trust
related
$512,000 · Centerstate Bk/fl
—
—
River Hills Prof Center LLC
—
Loan Modification
related
$168,000 · Barrington James D Trust (pt)
—
—
River Hills Prof Center LLC
—
Deed Of Trust
related
$80,000 · Valrico State 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4316 New Riv Hls Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
