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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Distribution centers
1575 15th Ave E Dr 101 Palmetto, FL 34221-2827
Entity Owned
3-yr Hold
Free & Clear
Property ID
US18-5158909
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2009
Construction
CONCRETE
Total area
12,500 SF
Lot
1.05 ac (45,564 SF)
Zoning code
PL_CHI
APN
25757.0065-9
UPID
US18-5158909
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
-
Superior Architectural Solutions, Inc. Architectural Designer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.10M
Owner & transaction history
Soje LLC · 3 yrs held
Soje LLC
since 2023
5 recorded transactions
Zoning & alternative use
PL_CHI · Palmetto, FL
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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$1.10M
Range $986k – $1.20M · ±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
$88 / 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
$25,686
Tax year 2023
Assessed value
$1,052,483
Assessed 2023
Previous assessed
$938,664
+12.1% YoY
Effective rate
2.44%
On assessed value
Assessed land
$156,791
Assessed improvement
$895,692
Land market value
$156,791
Improvement market value
$895,692
Total market value
$1,052,483
Applied tax rate
19.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2009
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
12,500 SF
Lot
1.05 ac (45,564 SF)
Zoning code
PL_CHI
APN
25757.0065-9
UPID
US18-5158909
Jurisdiction
MANATEE
Zoning & alternative use
PL_CHI · Palmetto, FL
Zoning PL_CHI · permitted uses
PL_CHI · Palmetto, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Soje LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1575 15TH AVE DR E UNIT #102, PALMETTO, FL 34221-2827
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Apr 20, 2023
—
Soje LLC
Superior Architectural Solutions In
Warranty Deed
—
Jan 12, 2018
—
Superior Architectural Solutio
—
Deed
related
$200,000 · Us Small Busn Admn
Aug 20, 2012
$868,000
Superior Architectural Solutio
Mark Cahill Investments LLC
Warranty Deed
$768,000 · Mark Cahill Investments INC
Jan 26, 2006
$167,700
Mark Cahill Investments LLC
Palmetto Industrial Park LLC
Warranty Deed
—
—
—
Superior Architectural Solutio
—
Deed Of Trust
related
$200,000 · Us Small Busn Admn
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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