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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Manufacturing properties
1331 Gunn Hwy Odessa, FL 33556-5303
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US19-0791535
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Total area
14,080 SF
Lot
5.35 ac (233,096 SF)
Zoning code
00I1
APN
34-26-17-0040-00000-00N0
UPID
US19-0791535
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
-
Bounce Party of Tampa Party Supply Store Rental Equipment Company
-
Premier Events And Tents Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$1.99M
Owner & transaction history
Djb Properties LLC · 16 yrs held
Djb Properties LLC
since 2009
5 recorded transactions
Zoning & alternative use
00I1 · Odessa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+80.0%
Auto repair, garage
$2.3M
+34.5%
Retail stores
$1.8M
+2.6%
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 Odessa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Odessa 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%
$1,885,000
6.5%
$1,740,000
7%
$1,615,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,710,000
Current use
COMMERCIAL (GENERAL)
$3,080,000
Change: +80% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,300,000
Change: +34% · Conversion: Easy
RETAIL STORES
$1,755,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$1,750,000
Change: +2% · Conversion: Difficult
RESTAURANT
$1,720,000
Change: +0% · Conversion: Difficult
MEDICAL BUILDING
$1,585,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±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
$141 / 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
$16,249
Tax year 2023
Assessed value
$948,656
Assessed 2023
Previous assessed
$891,761
+6.4% YoY
Effective rate
1.71%
On assessed value
Assessed land
$331,648
Assessed improvement
$617,008
Land market value
$331,648
Improvement market value
$617,008
Total market value
$948,656
Applied tax rate
9,100.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
160
Bathrooms
2
Total area
14,080 SF
Lot
5.35 ac (233,096 SF)
Zoning code
00I1
APN
34-26-17-0040-00000-00N0
UPID
US19-0791535
Jurisdiction
PASCO
Zoning & alternative use
00I1 · Odessa, FL
Zoning 00I1 · permitted uses
00I1 · Odessa, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Odessa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.8M
RESTAURANT
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
RESTAURANT
MEDICAL 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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
160
Bathrooms
2
Lot
5.35 ac
Current owner
From public records · entity-resolved
Djb Properties LLC
Entity
Mailing address
1331 GUNN HWY, ODESSA, FL 33556-5303
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Oct 14, 2009
$950,000
Djb Properties LLC
Robinson Donald E Trust
Warranty Deed
$890,000 · Robinson Donald E Trust (pt)
Sep 29, 2009
—
Robinson Donald E SR Trust
Viking Holdings Of Pasco Coc
Trustees Deed
related
—
Nov 21, 2005
$885,000
Viking Holdings Of Pasco Cnty INC
Robinson Donald E SR Trust
Warranty Deed
$803,763 · Robinson Donald E SR Tr (tr) 006329
—
—
Viking Holdings Of Pasco Cnty INC
—
Deed Of Trust
related
$290,000 · Branch Banking & Trust Co
—
—
Djb Properties LLC
—
Deed Of Trust
related
$175,000 · Branch Banking & Trust Co
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
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