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Property profile & analytics
OFF-MARKET
Estimated value
$5,615,000
Manufacturing properties
1100 56th St Tampa, FL 33619-3763
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-3206314
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2019
Construction
STEEL FRAME
Total area
41,900 SF
Lot
11.55 ac (503,118 SF)
Zoning code
M
APN
U2229191PX000000000010
UPID
US18-3206314
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
-
RFH Construction Construction Company General Contractor
-
Fabricated Products of Tampa, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.62M
Owner & transaction history
Hunt,michael H Living Trust · 11 yrs held
Hunt,michael H Living Trust
since 2014
6 recorded transactions
Zoning & alternative use
M · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.3M
+27.0%
Auto repair, garage
$9.0M
+23.1%
Warehouse, storage
$8.1M
+11.2%
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 Tampa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tampa 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
by Request
CAP Approach
CAP Return
Estimation
6%
$8,480,000
6.5%
$7,830,000
7%
$7,270,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,330,000
Current use
RETAIL STORES
$9,305,000
Change: +27% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,020,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$8,145,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$5.62M
Range $5.05M – $6.18M · ±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
$134 / 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
$70,402
Tax year 2023
Assessed value
$4,234,800
Assessed 2023
Previous assessed
$3,607,400
+17.4% YoY
Effective rate
1.66%
On assessed value
Assessed land
$800,793
Assessed improvement
$3,434,007
Land market value
$800,793
Improvement market value
$3,434,007
Total market value
$4,234,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
41,900 SF
Lot
11.55 ac (503,118 SF)
Zoning code
M
APN
U2229191PX000000000010
UPID
US18-3206314
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M · Tampa, FL
Zoning M · permitted uses
M · Tampa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tampa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.3M
RETAIL STORES
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$9.0M
WAREHOUSE, STORAGE
Est. value
$8.1M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2019
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
11.55 ac
Current owner
From public records · entity-resolved
Hunt,michael H Living Trust
Trust
Free & Clear · 11 yrs held
Mailing address
7754 SHOUPE RD, PLANT CITY, FL 33565-7124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2014
—
Hunt,michael H Living Trust
Hunt Michael H & M L Trust
Quit Claim Deed
related
—
Nov 2, 2005
$995,000
The Michael Hoyt & Melba Lynn Hunt
Schmid Tpc INC
Warranty Deed
$1,495,000 · Suntrust Bank
Mar 20, 2001
$207,800
Schmid Tpc INC
Bolton,john W
Grant Deed
$250,000 · Florida Bank
Mar 20, 2001
$202,300
Showalter,tr
Bolton,john W
Grant Deed
$161,800 · First Citrus Bank
Oct 26, 1999
$201,800
John W Bolton
Tampa Park Of Commerce INC
Grant Deed
—
—
—
Hunt Michael H & Melba L Trust
—
Deed Of Trust
related
$547,505 · Suntrust Bank NA
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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