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Property profile & analytics
OFF-MARKET
Estimated value
$16,195,000
Warehouses
1830 State Rd 60 Valrico, FL 33594-3622
Individually Owned
4-yr Hold
Free & Clear
Property ID
US18-5906514
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
STEEL FRAME
Total area
92,968 SF
Lot
2.97 ac (129,192 SF)
Zoning code
PD
APN
U24292070C000000000010
UPID
US18-5906514
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
$11.06M
CAP Approach
CAP
$13.27M
Comparable Approach
Comparable
$22.62M
Blend (final)
Blend
$16.20M
Owner & transaction history
Ess Storage Acquisition Seventy Six · 4 yrs held
Ess Storage Acquisition Seventy Six
since 2021
Last sale
$18.5M
2 recorded transactions
Zoning & alternative use
PD · Valrico, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$24.1M
+74.9%
Medical building
$23.0M
+66.9%
Neighborhood: shopping center
$22.7M
+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 Valrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valrico 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
$18,935,000
ML approach
$11,060,000
CAP Approach
CAP Return
Estimation
6%
$14,370,000
6.5%
$13,265,000
7%
$12,315,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,800,000
Current use
OFFICE BUILDING
$24,140,000
Change: +75% · Conversion: Difficult
MEDICAL BUILDING
$23,025,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$22,680,000
Change: +64% · Conversion: Moderate
RETAIL STORES
$20,255,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$19,580,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$16.20M
Range $14.58M – $17.81M · ±10% · vs last sale $18.48M (Dec 14 2021)
Last sale anchor
$18.48M
Dec 14 2021
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
$174 / 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
$291,718
Tax year 2023
Assessed value
$16,389,200
Assessed 2023
Previous assessed
$16,001,587
+2.4% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,738,131
Assessed improvement
$14,651,069
Land market value
$1,738,131
Improvement market value
$14,651,069
Total market value
$16,389,200
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
2019
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
3
Units
1
Total area
92,968 SF
Lot
2.97 ac (129,192 SF)
Zoning code
PD
APN
U24292070C000000000010
UPID
US18-5906514
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
PD · Valrico, FL
Zoning PD · permitted uses
PD · Valrico, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valrico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.8M
OFFICE BUILDING
Est. value
$24.1M
MEDICAL BUILDING
Est. value
$23.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.7M
RETAIL STORES
Est. value
$20.3M
COMMERCIAL (GENERAL)
Est. value
$19.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2019
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
4
Units
1
Lot
2.97 ac
Current owner
From public records · entity-resolved
Ess Storage Acquisition Seventy Six
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 71870, SALT LAKE CITY, UT 84171-0870
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
$18,480,000
Ess Storage Acquisition Seventy Six
Valrico Ss Associates LLC
Special Warranty Deed
—
Aug 16, 2018
$1,550,000
Valrico Ss Associates LLC
Metro Investments LLC
Warranty Deed
$6,660,000 · Mutual Of Omaha 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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