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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Distribution centers
10407 Us Hwy 41st N Palmetto, FL 34221-8724
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2566360
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Construction
WOOD FRAME
Total area
5,000 SF
Lot
4.36 ac (189,922 SF)
Zoning code
LM
APN
6223.0000-2
UPID
US18-2566360
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
$1.35M
CAP Approach
CAP
$785k
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.27M
Owner & transaction history
Ecosouth Florida Subsidiary Opco Ll · 3 yrs held
Ecosouth Florida Subsidiary Opco Ll
since 2023
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
LM · Palmetto, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+99.6%
Retail stores
$1.5M
+85.6%
Commercial (general)
$1.4M
+78.2%
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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$1,250,000
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$805,000
Current use
AUTO REPAIR, GARAGE
$1,610,000
Change: +100% · Conversion: Easy
RETAIL STORES
$1,495,000
Change: +86% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,435,000
Change: +78% · Conversion: Difficult
OFFICE BUILDING
$1,180,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $1.50M (Mar 21 2023)
Last sale anchor
$1.50M
Mar 21 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
$254 / 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
$14,278
Tax year 2023
Assessed value
$922,329
Assessed 2023
Previous assessed
$831,478
+10.9% YoY
Effective rate
1.55%
On assessed value
Assessed land
$509,834
Assessed improvement
$412,495
Land market value
$509,834
Improvement market value
$412,495
Total market value
$922,329
Applied tax rate
1.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Construction
WOOD FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
5,000 SF
Lot
4.36 ac (189,922 SF)
Zoning code
LM
APN
6223.0000-2
UPID
US18-2566360
Jurisdiction
MANATEE
Zoning & alternative use
LM · Palmetto, FL
Zoning LM · permitted uses
LM · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2021
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
4.36 ac
Current owner
From public records · entity-resolved
Ecosouth Florida Subsidiary Opco Ll
Individual
Mailing address
2010 W 66TH SERVICE RD SC, MOBILE, AL 36693
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jan 2, 2026
—
Ecosouth Florida Subsidiary Opco Ll
—
Deed
related
—
Mar 21, 2023
$1,500,000
Ecosouth Florida Subsidiary Opco Ll
Gsi Holdings LLC
Special Warranty Deed
—
Feb 21, 2020
—
Gsi Holdings LLC
—
Deed
related
$700,000 · First Citizens Bank & Trust Co
Nov 29, 2004
$380,000
Gsi Holdings LLC
Catarzi,jules & Toni
Warranty Deed
related
$230,000 · Jules G & Toni Catarzi
May 29, 1998
$200,000
Earl P Crawford
Gambill,stephen G
Grant Deed
$170,000 · Seller
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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