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Property profile & analytics
OFF-MARKET
Estimated value
$1,930,000
Warehouses
150 State Rd 546 Lake Hamilton, FL 33851
Trust Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2454292
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1989
Total area
27,108 SF
Lot
5.01 ac (218,105 SF)
APN
272816823000041021
UPID
US18-2454292
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.93M
Owner & transaction history
Pearce Patty J Trust · 15 yrs held
Pearce Patty J Trust
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lake Hamilton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Hamilton 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.93M
Range $1.74M – $2.12M · ±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
$71 / 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
$14,550
Tax year 2023
Assessed value
$688,309
Assessed 2023
Previous assessed
$701,907
-1.9% YoY
Effective rate
2.11%
On assessed value
Assessed land
$43,618
Assessed improvement
$644,691
Land market value
$43,618
Improvement market value
$644,691
Total market value
$688,309
Applied tax rate
90,450.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1989
Heating
NONE
Stories
1
Units
1
Total area
27,108 SF
Lot
5.01 ac (218,105 SF)
APN
272816823000041021
UPID
US18-2454292
Jurisdiction
POLK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Stories
1
Units
1
Lot
5.01 ac
Current owner
From public records · entity-resolved
Pearce Patty J Trust
Trust
Mailing address
5120 VIRGINIA WAY STE C23, BRENTWOOD, TN 37027-7594
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2010
—
Pearce Patty J Trust
Pearce Patty J Trust
Quit Claim Deed
related
—
Dec 28, 2010
$1,175,000
Pearce Worldwide Logistics INC
Pearce,kevin
Warranty Deed
related
—
Aug 20, 2009
—
Pearce Patty J Trust
Pearce W E & P J Trust
Quit Claim Deed
related
—
Jan 28, 2008
—
Pearce Warren E
Pearce,patty J
Quit Claim Deed
related
—
Nov 15, 2007
—
Record Owner
Pearce,warren E
Grant Deed
related
—
—
—
Pearce Worldwide Logistics INC
—
Loan Modification
related
$2,000,000 · Bancorp South Bank
—
—
Pearce,patty J Trust
—
Deed Of Trust
related
$1,000,000 · Bancorp South Bank
—
—
Pearce Worldwide Logistics INC
—
Deed Of Trust
related
$1,500,000 · Bancorp South Bank
—
—
Pearce Patty J Trust
—
Deed Of Trust
related
$328,741 · Bancorp South 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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