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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Industrial properties
1475 Forestry Division Rd, Labelle, FL 33935-3001
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0342194
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
9,200 SF
Lot
5.26 ac (229,126 SF)
Zoning code
LB-I-2
APN
2 29 43 16 A00 0007.0000
UPID
US19-0342194
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
-
LaBelle Crane LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$689k
Blend (final)
Blend
$1.06M
Owner & transaction history
Labelle Crane LLC · 4 yrs held
Labelle Crane LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LB-I-2 · Labelle, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+53.8%
Office building
$1.4M
+50.4%
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 Labelle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Labelle 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
$1,095,000
ML approach
$1,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$930,000
Current use
RETAIL STORES
$1,430,000
Change: +54% · Conversion: Moderate
OFFICE BUILDING
$1,400,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $1.00M (Nov 16 2021)
Last sale anchor
$1.00M
Nov 16 2021
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
$115 / 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
$10,440
Tax year 2023
Assessed value
$408,312
Assessed 2023
Previous assessed
$408,813
-0.1% YoY
Effective rate
2.56%
On assessed value
Assessed land
$346,438
Assessed improvement
$61,874
Land market value
$346,438
Improvement market value
$61,874
Total market value
$408,312
Applied tax rate
10.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
2
Total area
9,200 SF
Lot
5.26 ac (229,126 SF)
Zoning code
LB-I-2
APN
2 29 43 16 A00 0007.0000
UPID
US19-0342194
Jurisdiction
HENDRY
Zoning & alternative use
LB-I-2 · Labelle, FL
Zoning LB-I-2 · permitted uses
LB-I-2 · Labelle, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Labelle. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$930,000
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
2004
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
5.26 ac
Current owner
From public records · entity-resolved
Labelle Crane LLC
Entity
Mailing address
6301 SHIRLEY ST, NAPLES, FL 34109-6209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 16, 2021
$1,000,000
Labelle Crane LLC
Labelle Forestry Road LLC
Warranty Deed
—
Jul 17, 2018
—
Labelle Forestry Road LLC
—
Deed
related
$164,622 · First Bk
May 22, 2013
$285,000
Labelle Forestry Road LLC
Pab Cape Coral Holdings LLC
Grant Deed
$199,500 · First Bank
May 13, 2011
—
Pab Cape Coral Holdings LLC
Wallace,kenneth A Coc
Trustees Deed
related
—
Oct 12, 2006
—
Kenneth A Wallace
K A Wallace INC
Quit Claim Deed
related
—
Nov 1, 2005
$1,350,000
Florida Land Trust
Montgomery,robert M SR
Warranty Deed
$2,800,000 · Florida Community Bank
Nov 2, 2004
$716,000
Robert M Montgomery SR.
Labelle Precast Exchange LLC
Warranty Deed
—
May 10, 2004
$369,000
Robert M Montgomery
Dickerson,robert D
Grant Deed
—
—
—
Labelle Forestry Road LLC
—
Loan Modification
related
$164,622 · First Bk
—
—
Robert M Montgomery SR.
—
Deed Of Trust
related
$250,000 · Florida Community Bank
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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