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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Office buildings
4408 Airport Rd, Plant City, FL 33563-1112
Entity Owned
17-yr Hold
Free & Clear
Property ID
US18-0448767
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
STEEL FRAME
Total area
7,193 SF
Lot
16.77 ac (730,501 SF)
Zoning code
M-AP
APN
P362821ZZZ000005978000
UPID
US18-0448767
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
-
Builders FirstSource Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.09M
Owner & transaction history
Pro-build R/e Holdings LLC · 17 yrs held
Pro-build R/e Holdings LLC
since 2008
2 recorded transactions
Zoning & alternative use
M-AP · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+77.9%
Neighborhood: shopping center
$1.8M
+75.2%
Auto repair, garage
$1.4M
+35.5%
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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant City 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
$735,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,000,000
Current use
MEDICAL BUILDING
$1,780,000
Change: +78% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,755,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,355,000
Change: +36% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,230,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$1,080,000
Change: +8% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$152 / 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
$68,162
Tax year 2023
Assessed value
$4,227,400
Assessed 2023
Previous assessed
$3,535,543
+19.6% YoY
Effective rate
1.61%
On assessed value
Assessed land
$1,387,952
Assessed improvement
$2,839,448
Land market value
$1,387,952
Improvement market value
$2,839,448
Total market value
$4,227,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Units
6
Rooms
14
Total area
7,193 SF
Lot
16.77 ac (730,501 SF)
Zoning code
M-AP
APN
P362821ZZZ000005978000
UPID
US18-0448767
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-AP · Plant City, FL
Zoning M-AP · permitted uses
M-AP · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1983
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Units
6
Rooms
14
Lot
16.77 ac
Current owner
From public records · entity-resolved
Pro-build R/e Holdings LLC
Entity
Free & Clear · 17 yrs held
Mailing address
PO BOX 460069, HOUSTON, TX 77056-8069
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2008
$4,350,000
Pro-build R/e Holdings LLC
Centex Homes
Grant Deed
—
Feb 25, 2005
$3,000,000
Centex Homes
Gatsby Spas INC
Grant Deed
related
—
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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