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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Medical Office Space
514 Sugar Crk Dr Plant City, FL 33563-4080
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-8480077
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,530 SF
Lot
0.52 ac (22,860 SF)
Zoning code
PD
APN
P2528215EZ000000000010
UPID
US18-8480077
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
-
AdventHealth Medical Group Obstetrics & Gynecology at Plant City Hospital
-
Exodus Women's Center Physician
-
Paula J. Buchwald, APRN Physician
-
Debbie P. Spencer, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$368k
Blend (final)
Blend
$595k
Owner & transaction history
Bclassy LLC · 1 yrs held
Bclassy LLC
since 2024
Last sale
$592,500
4 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
$595,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$875,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$860,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $593k (Sep 6 2024)
Last sale anchor
$593k
Sep 6 2024
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
$169 / 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
Assessed value
$565,700
Assessed 2023
Previous assessed
$565,700
+0.0% YoY
Assessed land
$137,160
Assessed improvement
$428,540
Land market value
$137,160
Improvement market value
$428,540
Total market value
$565,700
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,530 SF
Lot
0.52 ac (22,860 SF)
Zoning code
PD
APN
P2528215EZ000000000010
UPID
US18-8480077
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$860,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Bclassy LLC
Entity
Free & Clear · 1 yrs held
Mailing address
33931 STATE RD 54TH DR STE #250, WESLEY CHAPEL, FL 33543-9176
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
$592,500
Bclassy LLC
University Community Hospital INC
Special Warranty Deed
—
Oct 13, 2020
$400,000
University Cmnty Hosp INC
Levine Medical LLC
Grant Deed
—
Sep 1, 2011
$360,000
Levine Medical LLC
Landall Properties LLC
Warranty Deed
$162,000 · Landall Properties LLC
Jul 7, 2008
—
Landall Properties LLC
Harrell,debarah
Quit Claim 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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