New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Showrooms
112 Mulrennan Rd Valrico, FL 33594-3446
Entity Owned
Free & Clear
Property ID
US18-5600341
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Construction
STEEL FRAME
Total area
7,888 SF
Lot
1.1 ac (48,019 SF)
Zoning code
CI
APN
U202921ZZZ000004089300
UPID
US18-5600341
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
$1.17M
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.46M
Owner & transaction history
General Caulking & Coatings Co INC
General Caulking & Coatings Co INC
since 2025
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
CI · Valrico, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+23.3%
Medical building
$2.0M
+17.6%
Neighborhood: shopping center
$1.9M
+15.8%
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 Valrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valrico 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
$1,140,000
ML approach
$1,170,000
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,505,000
7%
$1,400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,660,000
Current use
OFFICE BUILDING
$2,050,000
Change: +23% · Conversion: Easy
MEDICAL BUILDING
$1,955,000
Change: +18% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,925,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,720,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,490,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.60M (Dec 29 2025)
Last sale anchor
$1.60M
Dec 29 2025
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
$185 / 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
$13,806
Tax year 2023
Assessed value
$782,900
Assessed 2023
Previous assessed
$613,200
+27.7% YoY
Effective rate
1.76%
On assessed value
Assessed land
$428,570
Assessed improvement
$354,330
Land market value
$428,570
Improvement market value
$354,330
Total market value
$782,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
2
Rooms
2
Total area
7,888 SF
Lot
1.1 ac (48,019 SF)
Zoning code
CI
APN
U202921ZZZ000004089300
UPID
US18-5600341
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CI · Valrico, FL
Zoning CI · permitted uses
CI · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valrico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Rooms
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
General Caulking & Coatings Co INC
Entity
Free & Clear · 0 yrs held
Mailing address
156 TRIPLE DIAMOND BLVD, NORTH VENICE, FL 34275-3631
Ownership since
2025
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
Dec 29, 2025
$1,600,000
General Caulking & Coatings Co INC
Cr Tampa LLC
Warranty Deed
—
Jul 5, 2022
$1,175,000
Cr Tampa LLC
Gonzalez Reddy
Warranty Deed
—
Oct 3, 2016
$490,000
Reddy Gonzalez
Dorsey,david A & Freda C
Warranty Deed
$429,200 · Private Individual
Apr 23, 2014
—
Dorsey Family Trust
Dorsey,david A
Quit Claim Deed
related
—
May 27, 2003
$150,000
David A Dorsey
Dorsey,david A & Diane K
Grant Deed
related
$300,000 · Colonial Bank
—
—
David A Dorsey
—
Deed Of Trust
related
$102,000 · Raines Family Trust (pt)
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 112 Mulrennan Rd?
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.
