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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Warehouses
1490 Dr Martin Luther King Jr Blvd Seffner, FL 33584-4820
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-1429062
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,230 SF
Lot
0.69 ac (29,928 SF)
Zoning code
CG
APN
U012920ZZZ000002308900
UPID
US18-1429062
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
-
People's Choice Storage Seffner Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$830k
Owner & transaction history
Peples Choice Storagne Valrico Bran · 4 yrs held
Peples Choice Storagne Valrico Bran
since 2022
Last sale
$825,000
4 recorded transactions
Zoning & alternative use
CG · Seffner, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+74.9%
Medical building
$1.1M
+66.9%
Neighborhood: shopping center
$1.0M
+64.4%
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 Seffner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seffner 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
$800,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$630,000
Current use
OFFICE BUILDING
$1,100,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$1,050,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,030,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$920,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$890,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $825k (Jan 4 2022)
Last sale anchor
$825k
Jan 4 2022
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
$196 / 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
$11,148
Tax year 2023
Assessed value
$693,100
Assessed 2023
Previous assessed
$323,600
+114.2% YoY
Effective rate
1.61%
On assessed value
Assessed land
$269,352
Assessed improvement
$423,748
Land market value
$269,352
Improvement market value
$423,748
Total market value
$693,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
43
Rooms
44
Bathrooms
1
Total area
4,230 SF
Lot
0.69 ac (29,928 SF)
Zoning code
CG
APN
U012920ZZZ000002308900
UPID
US18-1429062
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
CG · Seffner, FL
Zoning CG · permitted uses
CG · Seffner, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seffner. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
RETAIL STORES
Est. value
$920,000
COMMERCIAL (GENERAL)
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$800,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
43
Rooms
44
Bathrooms
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Peples Choice Storagne Valrico Bran
Individual
Free & Clear · 4 yrs held
Mailing address
999 DOUGLAS AVE STE #3318, ALTAMONTE SPRINGS, FL 32714-2063
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2022
$825,000
Peples Choice Storagne Valrico Bran
S&s Joint Ventures INC
Warranty Deed
—
Jun 8, 2020
$285,000
S & S Joint Ventures INC
Willy Schreiber Ents INC
Grant Deed
—
May 7, 2019
—
State Of Florida Dept Of Trans
Willy Schreiber Ents INC
Warranty Deed
—
May 5, 2000
$325,000
Schreiber & Meredith INC
Canter,ira M & Lucy
Grant Deed
—
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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