Entity Owned Property summary
AI-generated overview
The property is a single-tenant, net-leased retail facility in Seffner, Florida, located at 916 W Martin Luther King Jr. Boulevard (SR 574). The build-to-suit Tractor Supply Company building totals 19,097 square feet on a 3.51-acre parcel, with an additional exterior fenced-in display area measuring 22,040 square feet. The facility is part of a commercial corridor setting along W Martin Luther King Jr. Boulevard and is adjacent to the Winn-Dixie and CVS-anchored Parsons Village Square; it is also about 0.8 miles from Mango Square, which is anchored by Walmart and Publix. The property is situated near major state roads and interstates within the Tampa MSA, approximately 11 miles east of Tampa.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,207 SF
Lot
3.5 ac (152,460 SF)
Zoning code
CG
APN
U102920ZZZ000002419201
UPID
US18-2069160
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pet Store & Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.32M
CAP Approach
CAP
$6.38M
Comparable Approach
Comparable
$7.89M
Blend (final)
Blend
$6.29M
Owner & transaction history
since 2020
Last sale
$5.6M
1 recorded transaction
Zoning & alternative use
CG · Seffner, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.29M
Value range
$5.66M – $6.92M
±10% around blend
Estimated value / SF
$149 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$5.66M
blend $6.29M
$6.92M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
42,207 SF
Lot area
3.5 ac
Year built
2020
Stories
1
APN
U102920ZZZ000002419201
Zoning
CG
Assessed value
$4,379,300
Annual tax
$75,694
3
Income approach: direct capitalization
Partial preview
Income approach indication
$6.38M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.91M
@ 6.5% CAP return
$6.38M
@ 7% CAP return
$5.92M
4
Sales comparison
Partial preview
Sales approach indication
$7.89M
Range $4.57M – $13.72M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.29M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 333 sales
$218
-32%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $149/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.60%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.60%
9.0%
NOI (est.)
$394k *
Last sale · Sep 2020
$5.64M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.98M
Move the market yield to see immediate price impact.
Value / SF
$142
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.10%6.60%7.10%
$355k
$5.82M
$5.38M
$5.00M
$394k
$6.47M
$5.98M
$5.56M
$434k
$7.11M
$6.57M
$6.11M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$75,694
Tax year 2023
Assessed value
$4,379,300
Assessed 2023
Previous assessed
$4,107,686
+6.6% YoY
Effective rate
1.73%
On assessed value
Assessed land
$1,286,381
Assessed improvement
$3,092,919
Land market value
$1,286,381
Improvement market value
$3,092,919
Total market value
$4,379,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
42,207 SF
Lot
3.5 ac (152,460 SF)
Zoning code
CG
APN
U102920ZZZ000002419201
UPID
US18-2069160
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Seffner, FLZoning CG · permitted uses
CG · Seffner, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
3.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CG
Jurisdiction
Seffner, FL
Recorded code
CG
Ownership Intelligence
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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