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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Showrooms
608 Hitchcock St Plant City, FL 33563-5663
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US19-0665009
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1995
Construction
STEEL FRAME
Total area
4,888 SF
Lot
1.16 ac (50,530 SF)
Zoning code
M-1
APN
P332822ZZZ000006109900
UPID
US19-0665009
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
-
Foundation & Geotechnical Engineering, LLC Engineer
-
Foundation & Geotechnical Engineering Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$800k
Owner & transaction history
Fge Group LLC · 15 yrs held
Fge Group LLC
since 2010
4 recorded transactions
Zoning & alternative use
M-1 · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+118.7%
Neighborhood: shopping center
$1.2M
+115.4%
Auto repair, garage
$920,000
+66.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,010,000
6.5%
$935,000
7%
$865,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$555,000
Current use
MEDICAL BUILDING
$1,210,000
Change: +119% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,190,000
Change: +115% · Conversion: Difficult
AUTO REPAIR, GARAGE
$920,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$735,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$680,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$164 / 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
$7,013
Tax year 2023
Assessed value
$419,300
Assessed 2023
Previous assessed
$353,800
+18.5% YoY
Effective rate
1.67%
On assessed value
Assessed land
$125,931
Assessed improvement
$293,369
Land market value
$125,931
Improvement market value
$293,369
Total market value
$419,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
2
Rooms
2
Total area
4,888 SF
Lot
1.16 ac (50,530 SF)
Zoning code
M-1
APN
P332822ZZZ000006109900
UPID
US19-0665009
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-1 · Plant City, FL
Zoning M-1 · permitted uses
M-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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$555,000
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$920,000
RETAIL STORES
Est. value
$735,000
OFFICE BUILDING
Est. value
$680,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1995
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Rooms
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Fge Group LLC
Entity
Mailing address
13709 COUNTY RD 672, WIMAUMA, FL 33598-5109
Ownership since
2010
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
Dec 2, 2010
$280,000
Fge Group LLC
Marchners A-1 U-store-it INC
Warranty Deed
related
$250,000 · Marchner's A-1 U-store-lt INC
Nov 17, 2009
—
Marchners A-1 U-store-it INC
Leons Mexican Products Coc
Trustees Deed
related
—
Jun 15, 2009
—
Marchers A-1 U-store-it INC
Leons Mexican Products Coc
Trustees Deed
related
—
Aug 28, 2001
$235,000
Leons Mexican Products
Marchners A-1 U Store It INC
Grant Deed
$223,000 · Marchners A-1 U Store It INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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