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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Office buildings
701 Baker St, Plant City, FL 33563-3553
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5140421
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,464 SF
Lot
0.58 ac (25,200 SF)
Zoning code
C-2
APN
P2828225BQ000000000060
UPID
US18-5140421
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
-
Edwards Platt Meyer, PA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$785k
Owner & transaction history
East Baker Street LLC · 3 yrs held
East Baker Street LLC
since 2023
Last sale
$895,000
5 recorded transactions
Zoning & alternative use
C-2 · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+77.9%
Neighborhood: shopping center
$1.1M
+75.2%
Auto repair, garage
$840,000
+35.5%
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
$790,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$620,000
Current use
MEDICAL BUILDING
$1,105,000
Change: +78% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,090,000
Change: +75% · Conversion: Difficult
AUTO REPAIR, GARAGE
$840,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$670,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$505,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $895k (Feb 9 2023)
Last sale anchor
$895k
Feb 9 2023
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
$176 / 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
$12,460
Tax year 2023
Assessed value
$768,400
Assessed 2023
Previous assessed
$622,700
+23.4% YoY
Effective rate
1.62%
On assessed value
Assessed land
$151,200
Assessed improvement
$617,200
Land market value
$151,200
Improvement market value
$617,200
Total market value
$768,400
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
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
4,464 SF
Lot
0.58 ac (25,200 SF)
Zoning code
C-2
APN
P2828225BQ000000000060
UPID
US18-5140421
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
C-2 · Plant City, FL
Zoning C-2 · permitted uses
C-2 · 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
OFFICE BUILDING Current
Est. value
$620,000
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$840,000
RETAIL STORES
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$505,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
East Baker Street LLC
Entity
Mailing address
6790 NEW TAMPA HWY STE #209, LAKELAND, FL 33815-3147
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2023
$895,000
East Baker Street LLC
Cpa1922 LLC
Warranty Deed
$656,250 · Lake Michigan Cu
Dec 8, 2010
$75,000
Cpa 1922 LLC
Hodges,william T
Warranty Deed
$365,500 · Hillsboro Bank
Dec 2, 2002
—
William T Hodges
Walden,brittany E
Quit Claim Deed
related
—
—
—
William T Hodges
—
Deed Of Trust
related
$11,500 · James H & Linda Connell
—
—
William T Hodges
—
Deed Of Trust
related
$10,800 · Charles T Walker
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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