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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Banks
509 Alexander St STE-A Plant City, FL 33563-7136
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3388444
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,485 SF
Lot
0.82 ac (35,711 SF)
Zoning code
PD
APN
P0529225A4000000000020
UPID
US18-3388444
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
-
Hillsboro Bank Bank Loan Service
-
The Bank of Tampa Bank Loan Service
-
Crow and Associates Land Surveyor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$418k
Blend (final)
Blend
$620k
Owner & transaction history
Zoom 360 LLC · 4 yrs held
Zoom 360 LLC
since 2022
Last sale
$640,000
2 recorded transactions
Zoning & alternative use
PD · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of PD zone will be applied only upon specific petition by property owners proposing a unique type of planned development
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
10,817.01 ac
Source
Realmo
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
$620,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $640k (Jul 28 2022)
Last sale anchor
$640k
Jul 28 2022
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
$96 / 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
$23,195
Tax year 2023
Assessed value
$1,314,400
Assessed 2023
Previous assessed
$1,314,400
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$249,977
Assessed improvement
$1,064,423
Land market value
$249,977
Improvement market value
$1,064,423
Total market value
$1,314,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
9
Rooms
9
Total area
6,485 SF
Lot
0.82 ac (35,711 SF)
Zoning code
PD
APN
P0529225A4000000000020
UPID
US18-3388444
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Plant City, FLZoning PD · permitted uses
PD · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of PD zone will be applied only upon specific petition by property owners proposing a unique type of planned development
Zone name
Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
10,817.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
9
Rooms
9
Lot
0.82 ac
Current owner
From public records · entity-resolved
Zoom 360 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
509 W ALEXANDER STA, PLANT CITY, FL 33563-7136
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jul 28, 2022
$640,000
Zoom 360 LLC
Hillsboro Bank
Warranty Deed
—
Jun 19, 1998
$347,500
Hillboro Bank
Gutowski & Saranko 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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