New search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
1901 Industrial Park Dr, Plant City, FL 33566-1103
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-4226005
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,816 SF
Lot
7 ac (304,958 SF)
Zoning code
M-AP
APN
P012921ZZZ000005990700
UPID
US18-4226005
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
-
Wetherington Tractor Services General Contractor Construction Company
-
Universal Fabrication Services Inc Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$595k
Owner & transaction history
Cwl Beach Properties LLC · 5 yrs held
Cwl Beach Properties LLC
since 2020
7 recorded transactions
Zoning & alternative use
M-AP · Plant City, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$945,000
+75.7%
Neighborhood: shopping center
$930,000
+73.1%
Auto repair, garage
$720,000
+33.9%
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 Plant City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plant City 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
$445,000
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$425,000
7%
$390,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$540,000
Current use
MEDICAL BUILDING
$945,000
Change: +76% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$930,000
Change: +73% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +34% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$430,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$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
$27,728
Tax year 2023
Assessed value
$1,606,500
Assessed 2023
Previous assessed
$1,414,300
+13.6% YoY
Effective rate
1.73%
On assessed value
Assessed land
$673,957
Assessed improvement
$932,543
Land market value
$673,957
Improvement market value
$932,543
Total market value
$1,606,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
4
Stories
1
Units
1
Rooms
12
Total area
3,816 SF
Lot
7 ac (304,958 SF)
Zoning code
M-AP
APN
P012921ZZZ000005990700
UPID
US18-4226005
Jurisdiction
HILLSBOROUGH
Zoning & alternative use
M-AP · Plant City, FL
Zoning M-AP · permitted uses
M-AP · Plant City, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plant City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$540,000
MEDICAL BUILDING
Est. value
$945,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$575,000
COMMERCIAL (GENERAL)
Est. value
$430,000
OFFICE BUILDING Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
4
Units
1
Rooms
12
Lot
7 ac
Current owner
From public records · entity-resolved
Cwl Beach Properties LLC
Entity
Mailing address
PO BOX 5703, PLANT CITY, FL 33563-0048
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
Cwl Beach Properties LLC
Kimball Wetherington
Correction Deed
related
$944,572 · Hillsboro Bank
Sep 18, 2019
$581,700
Cwl Beach Properties LLC
Wetherington,kimball
Quit Claim Deed
related
—
May 2, 2016
—
Kimball Wetherington
—
Deed
related
$637,500 · Hillsboro Bk
Apr 5, 2005
—
Kimball Wetherington
Kovacs Geza INC
Warranty Deed
$740,000 · Platinum Bank
Oct 8, 2004
—
Geza Kovacs
—
Trustees Deed
related
$37,500 · R James Platt Pa
Jun 10, 1998
$600,000
Equipment Maintenance I Gezkov
Kovacs Brothers INC
Grant Deed
—
—
—
Kimball Wetherington
—
Deed Of Trust
related
$637,500 · Hillsboro Bk
—
—
Kimball W Wetherington
—
Deed Of Trust
related
$500,000 · Hillsboro Bank
—
—
Equipment Maintenance I Gezkov
—
Deed Of Trust
related
$275,000 · Individual
—
—
Kovacs Geza INC
—
Deed Of Trust
related
$325,000 · Fidelity Bank Florida
—
—
Geza Kovacs
—
Deed Of Trust
related
$50,000 · Ronald E Swilley
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1901 Industrial Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
