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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
9433 Balm Riverview Rd Riverview, FL 33569-5120
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US18-2231078
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,732 SF
Lot
1.13 ac (49,222 SF)
Zoning code
BPO
APN
U203020ZZZ000003007900
UPID
US18-2231078
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
-
Jeff Macri: Allstate Insurance Insurance Agency
-
Allstate Personal Financial Representative: John Clements Financial Advisor
-
Florida Essential Insurance Insurance Agency
-
Irathinasamy D Samy MD Physician
-
Eye Site Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$398k
Blend (final)
Blend
$550k
Owner & transaction history
Riverview Land Co LLC · 16 yrs held
Riverview Land Co LLC
since 2010
7 recorded transactions
Zoning & alternative use
BPO · Riverview, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$675,000
+0.2%
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 Riverview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverview 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
$340,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$675,000
Current use
MEDICAL BUILDING
$675,000
Change: +0% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$595,000
Change: -12% · Conversion: Moderate
COMMERCIAL (GENERAL)
$575,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$201 / 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
$9,456
Tax year 2023
Assessed value
$510,700
Assessed 2023
Previous assessed
$496,300
+2.9% YoY
Effective rate
1.85%
On assessed value
Assessed land
$294,407
Assessed improvement
$216,293
Land market value
$294,407
Improvement market value
$216,293
Total market value
$510,700
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Bathrooms
2
Total area
2,732 SF
Lot
1.13 ac (49,222 SF)
Zoning code
BPO
APN
U203020ZZZ000003007900
UPID
US18-2231078
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
BPO · Riverview, FL
Zoning BPO · permitted uses
BPO · Riverview, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverview. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$675,000
MEDICAL BUILDING
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
RETAIL STORES
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$575,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Bathrooms
2
Lot
1.13 ac
Current owner
From public records · entity-resolved
Riverview Land Co LLC
Entity
Mailing address
9433 BALM RIVERVIEW RD STE #101, RIVERVIEW, FL 33569-5120
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
—
Riverview Land Company LLC
—
Deed
related
$260,500 · Bank Of America NA
Jun 17, 2010
—
Riverview Land Co LLC
—
Trustees Deed
$39,000 · Platinum Bank
Jun 8, 2010
$370,000
Riverview Land Co LLC
Platinum Bk
Grant Deed
$333,000 · Platinum Bank
Dec 28, 2009
—
Platinum Bk
W S Properties LLC Coc
Trustees Deed
related
—
Aug 15, 2006
$339,900
Ws Properties LLC
Rose,timothy S
Warranty Deed
$460,000 · Platinum Bank
Jul 2, 1998
$63,100
Timothy S Rose
Birge,hubert B
Grant Deed
$58,055 · Seller
—
—
Riverview Land Co LLC
—
Loan Modification
related
$673,970 · Platinum Bk
—
—
Ws Properties LLC
—
Deed Of Trust
related
$108,000 · Platinum Bank
—
—
Timothy S Rose
—
Deed Of Trust
related
$103,500 · Centex Home Equity Corp
—
—
Timothy S Rose
—
Deed Of Trust
related
$88,500 · Centex Home Equity Corp
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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