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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Strip malls
509 Maryland Ave, Plant City, FL 33563-3870
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5495448
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,862 SF
Lot
1.84 ac (80,275 SF)
Zoning code
C-1
APN
P282822ZZZ000006088600
UPID
US18-5495448
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Feltons Realty LLC · 1 yrs held
Feltons Realty LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-1 · Plant City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$86 / 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
$19,923
Tax year 2023
Assessed value
$1,156,100
Assessed 2023
Previous assessed
$1,156,100
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$512,026
Assessed improvement
$644,074
Land market value
$512,026
Improvement market value
$644,074
Total market value
$1,156,100
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
10
Rooms
10
Total area
26,862 SF
Lot
1.84 ac (80,275 SF)
Zoning code
C-1
APN
P282822ZZZ000006088600
UPID
US18-5495448
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-1 · Plant City, FL
Zoning C-1 · permitted uses
C-1 · 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.
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
10
Rooms
10
Lot
1.84 ac
Current owner
From public records · entity-resolved
Feltons Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
617 N MARYLAND AVE, PLANT CITY, FL 33563-3871
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
$2,000,000
Feltons Realty LLC
Wfe 2 LLC
Special Warranty Deed
—
Nov 9, 2020
—
Wfe 2 LLC
—
Deed
related
$395,315 · Centerstate Bank NA
Oct 1, 2020
—
Wfe 2 LLC
Williams Felton Trust
Grant Deed
related
—
Apr 5, 2005
—
Williams Felton Trust
Williams,felton & Lucille
Quit Claim Deed
related
—
Dec 31, 1996
$485,000
Felton Williams
Walker,real Estt
Grant Deed
$388,000 · Sunshine State Federal S&l Ass
—
—
Felton Williams
—
Deed Of Trust
related
$310,000 · Platinum Bank
—
—
Felton Williams
—
Deed Of Trust
related
$550,000 · Platinum Bank
—
—
Wfe 2 LLC
—
Deed Of Trust
related
$790,630 · Centerstate Bk NA
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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