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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Office buildings
5807 Old Pasco Rd Wesley Chapel, FL 33544-5300
Entity Owned
22-yr Hold
Free & Clear
Property ID
US18-1804337
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
10,001 SF
Lot
2 ac (87,067 SF)
Zoning code
00C1
APN
12-26-19-0010-00000-00B0
UPID
US18-1804337
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
$1.11M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.47M
Owner & transaction history
Byfield Street LLC · 22 yrs held
Byfield Street LLC
since 2004
4 recorded transactions
Zoning & alternative use
00C1 · Wesley Chapel, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+62.3%
Commercial (general)
$1.8M
+18.2%
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 Wesley Chapel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wesley Chapel 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,200,000
6.5%
$1,110,000
7%
$1,030,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,480,000
Current use
MEDICAL BUILDING
$2,400,000
Change: +62% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,750,000
Change: +18% · Conversion: Easy
WAREHOUSE, STORAGE
$1,385,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$147 / 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
$16,770
Tax year 2023
Assessed value
$925,287
Assessed 2023
Previous assessed
$1,050,663
-11.9% YoY
Effective rate
1.81%
On assessed value
Assessed land
$407,692
Assessed improvement
$517,595
Land market value
$407,692
Improvement market value
$517,595
Total market value
$925,287
Applied tax rate
3,600.0000
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
2006
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
39
Bathrooms
6
Total area
10,001 SF
Lot
2 ac (87,067 SF)
Zoning code
00C1
APN
12-26-19-0010-00000-00B0
UPID
US18-1804337
Jurisdiction
PASCO
Zoning & alternative use
00C1 · Wesley Chapel, FL
Zoning 00C1 · permitted uses
00C1 · Wesley Chapel, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wesley Chapel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.4M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
39
Bathrooms
6
Lot
2 ac
Current owner
From public records · entity-resolved
Byfield Street LLC
Entity
Free & Clear · 22 yrs held
Mailing address
5807 OLD PASCO RD, WESLEY CHAPEL, FL 33544-5300
Ownership since
2004
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
Jun 14, 2004
$385,000
Byfield Street LLC
Davis,ronald I
Warranty Deed
—
Oct 2, 2002
$150,000
Julie Mcpheron
Davis,ronald I
Grant Deed
$140,000 · Ronald I Davis
Sep 5, 2002
—
Pasco County (fl)
Davis,ronald I
Grant Deed
related
—
May 3, 1999
$130,000
Ronald I Davis
Wasserman,mildred
Grant Deed
$97,500 · Southtrust Bank 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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