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Property profile & analytics
OFF-MARKET
Warehouses
1830 State Rd 29th S, Labelle, FL 33935-9527
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4028696
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,000 SF
Lot
3.9 ac (169,884 SF)
Zoning code
C-1
APN
1 29 43 16 A00 0024.0000
UPID
US18-4028696
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Luna Fuels Hendry INC · 1 yrs held
Luna Fuels Hendry INC
since 2025
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
C-1 · Labelle, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,984
Tax year 2023
Assessed value
$872,409
Assessed 2023
Previous assessed
$802,868
+8.7% YoY
Effective rate
1.37%
On assessed value
Assessed land
$237,838
Assessed improvement
$634,571
Land market value
$237,838
Improvement market value
$634,571
Total market value
$872,409
Applied tax rate
82.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
3,000 SF
Lot
3.9 ac (169,884 SF)
Zoning code
C-1
APN
1 29 43 16 A00 0024.0000
UPID
US18-4028696
Jurisdiction
HENDRY
Zoning & alternative use
C-1 · Labelle, FL
Zoning C-1 · permitted uses
C-1 · 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.
Building & site characteristics
From public records
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
3.9 ac
Current owner
From public records · entity-resolved
Luna Fuels Hendry INC
Entity
Free & Clear · 1 yrs held
Mailing address
10 SARASOTA CTR BLVD, SARASOTA, FL 34240-9770
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2025
$7,555,000
Luna Fuels Hendry INC
Merit Petroleum Company
Special Warranty Deed
—
Nov 1, 2021
—
Merit Petroleum Company
—
Deed
related
$909,000 · Truist Bank
Dec 4, 2018
—
Merit Petroleum Co
—
Deed
related
$894,866 · Florida Cmnty Bk NA
Feb 27, 2018
—
Merit Petroleum Co
—
Deed
related
$894,866 · Florida Cmnty Bk NA
—
—
Merit Petroleum Co
—
Loan Modification
related
$894,866 · Florida Cmnty Bk NA
—
—
Merit Petroleum Co
—
Deed Of Trust
related
$920,000 · Florida Community Bank
—
—
Merit Petroleum Co
—
Deed Of Trust
related
$920,000 · Florida Community Bank
—
—
Merit Petroleum Co
—
Deed Of Trust
related
$1,053,732 · Florida Community Bank
—
—
Merit Petroleum Co
—
Loan Modification
related
$894,866 · Florida Cmnty Bk NA
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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