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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Grocery and convenience stores
6190 41st Hwy, Apollo Beach, FL 33572
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-2870897
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1991
Construction
WOOD
Total area
4,904 SF
Lot
1.44 ac (62,903 SF)
Zoning code
PD
APN
U2231191SF000000625000
UPID
US18-2870897
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
$475k
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$705k
Owner & transaction history
Radiant Group LLC · 11 yrs held
Radiant Group LLC
since 2014
6 recorded transactions
Zoning & alternative use
PD · Apollo Beach, 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 Apollo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apollo Beach 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
$475,000
CAP Approach
CAP Return
Estimation
6%
$910,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,070,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$1,035,000
Change: -13% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,035,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$144 / 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
$34,288
Tax year 2023
Assessed value
$2,150,684
Assessed 2023
Previous assessed
$1,896,305
+13.4% YoY
Effective rate
1.59%
On assessed value
Assessed land
$864,916
Assessed improvement
$1,285,768
Land market value
$864,916
Improvement market value
$1,285,768
Total market value
$2,150,684
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
4
Total area
4,904 SF
Lot
1.44 ac (62,903 SF)
Zoning code
PD
APN
U2231191SF000000625000
UPID
US18-2870897
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Apollo Beach, FL
Zoning PD · permitted uses
PD · Apollo Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apollo Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1991
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
4
Lot
1.44 ac
Current owner
From public records · entity-resolved
Radiant Group LLC
Entity
Mailing address
PO BOX 711, DALLAS, TX 75221-0711
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2014
—
Radiant Group LLC
—
Grant Deed
related
$6,000,000 · Usameribank
Dec 28, 2011
—
Radiant Group LLC
—
Deed Of Trust
related
$460,298 · Usameribank
Sep 30, 2008
—
Radiant Group LLC
—
Deed Of Trust
related
$2,500,000 · Colonial Bank
Aug 8, 2008
—
Radiant Group LLC
—
Deed Of Trust
related
$5,192,000 · Colonial Bank
—
—
Radiant Group LLC
—
Loan Modification
related
$8,500,000 · Usameribank
—
—
Radiant Group LLC
—
Deed Of Trust
related
$1,000,000 · Colonial Bank
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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