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Property profile & analytics
OFF-MARKET
Office buildings
703 Hitchcock St, Plant City, FL 33563-5607
Individually Owned
12-yr Hold
Free & Clear
Property ID
US18-0965728
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
STEEL FRAME
Total area
3,003 SF
Lot
0.78 ac (34,181 SF)
Zoning code
M-1
APN
P332822ZZZ000006110600
UPID
US18-0965728
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jerry A Jaeger · 12 yrs held
Jerry A Jaeger
since 2013
7 recorded transactions
Zoning & alternative use
M-1 · Plant City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,395
Tax year 2023
Assessed value
$446,500
Assessed 2023
Previous assessed
$379,100
+17.8% YoY
Effective rate
1.66%
On assessed value
Assessed land
$85,452
Assessed improvement
$361,048
Land market value
$85,452
Improvement market value
$361,048
Total market value
$446,500
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
1964
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
6
Rooms
6
Bathrooms
1
Total area
3,003 SF
Lot
0.78 ac (34,181 SF)
Zoning code
M-1
APN
P332822ZZZ000006110600
UPID
US18-0965728
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.
Building & site characteristics
From public records
Year built
1964
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
6
Rooms
6
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Jerry A Jaeger
Individual
Free & Clear · 12 yrs held
Mailing address
3301 STATE RD 574, PLANT CITY, FL 33563-4522
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2013
$135,000
Jerry A Jaeger
Platinum Bk
Warranty Deed
—
Apr 25, 2013
$225,000
Platinum Bk
Wetherington Tractor Svcs INC
Deed In Lieu Of Foreclosure
—
Mar 29, 2002
$4,030
Connolly Trust
Hillsborough Tax Deed Clerk
Trustees Deed
—
Feb 16, 1999
$140,000
Wetherington Tractor Svcs INC
Keene,william K & Mary L
Grant Deed
$100,000 · Seller
—
—
Wetherington Tractor Svc INC
—
Deed Of Trust
related
$200,000 · Platinum Bank
—
—
Wetherington Tractor Svc INC
—
Deed Of Trust
related
$12,000 · Platinum Bank
—
—
Wetherington Tracto Service
—
Deed Of Trust
related
$93,246 · Platinum Bank
—
—
Wetherington Tractor Service
—
Deed Of Trust
related
$140,000 · Platinum 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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