Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$345,000
Office buildings
703 Hitchcock St Plant City, FL 33563-5607
Individually Owned
13-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
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$345k
Owner & transaction history
Jerry A Jaeger · 13 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
Zoning description
The purpose of M-1 zone is to provide manufacturing, warehouse and distribution, processing and bottling plants, agribusiness and nutraceuticals, product fabrication and assembly facilities, and alternative energy production
Zone name
Industrial
General category
INDUSTRIAL
Zone area
382.26 ac
Source
Realmo
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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$345k
Range $311k – $380k · ±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
$115 / 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
$7,395
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, FLZoning 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
Zoning description
The purpose of M-1 zone is to provide manufacturing, warehouse and distribution, processing and bottling plants, agribusiness and nutraceuticals, product fabrication and assembly facilities, and alternative energy production
Zone name
Industrial
General category
INDUSTRIAL
Zone area
382.26 ac
Source
Realmo
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 · 13 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 703 Hitchcock St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
