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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Warehouses
1503 7th SW St Ruskin, FL 33570-5515
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US18-5162096
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
STEEL FRAME
Total area
5,000 SF
Lot
0.72 ac (31,398 SF)
Zoning code
RSC-6
APN
U18321920PA00000000160
UPID
US18-5162096
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
-
Jordan Performance and Racing Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
$815k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$780k
Owner & transaction history
So Blue LLC
So Blue LLC
since 2025
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
RSC-6 · Ruskin, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+66.9%
Neighborhood: shopping center
$1.2M
+64.4%
Retail stores
$1.1M
+46.8%
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 Ruskin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ruskin 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
$655,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$885,000
6.5%
$815,000
7%
$755,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$740,000
Current use
MEDICAL BUILDING
$1,240,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,220,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$1,090,000
Change: +47% · Conversion: Moderate
OFFICE BUILDING
$1,055,000
Change: +42% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,055,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $1.05M (Dec 8 2025)
Last sale anchor
$1.05M
Dec 8 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
$156 / 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
$7,406
Tax year 2023
Assessed value
$338,400
Assessed 2023
Previous assessed
$288,900
+17.1% YoY
Effective rate
2.19%
On assessed value
Assessed land
$104,179
Assessed improvement
$234,221
Land market value
$104,179
Improvement market value
$234,221
Total market value
$338,400
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Units
1
Rooms
3
Bathrooms
4
Total area
5,000 SF
Lot
0.72 ac (31,398 SF)
Zoning code
RSC-6
APN
U18321920PA00000000160
UPID
US18-5162096
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
RSC-6 · Ruskin, FL
Zoning RSC-6 · permitted uses
RSC-6 · Ruskin, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ruskin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$740,000
MEDICAL BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1982
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
1
Rooms
3
Bathrooms
4
Lot
0.72 ac
Current owner
From public records · entity-resolved
So Blue LLC
Entity
Mailing address
206 S OCCIDENT ST, TAMPA, FL 33609-2527
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$1,050,000
So Blue LLC
Tpi Fl LLC
Warranty Deed
$1,050,000 · Pineywoods Capital LLC
Dec 16, 2024
—
Van Velkinburgh Family Lllp
Florida Trustee Services LLC
Quitclaim Deed
related
—
Oct 22, 2024
—
Florida Trustee Services LLC
Van Velkinburgh Family Lllp
Quit Claim Deed
related
—
Feb 15, 2023
—
Van Velkinburgh Family Lllp
—
Deed
related
$51,630 · Gp Capital LLC
Jul 29, 2019
$655,000
Van Velkinburgh Family Lllp
Ray,dorothy J & Samuel W
Warranty Deed
$405,000 · Samuel W & Dorothy J Ray
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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